News / International
Kuwait Is to Award $27b Contracts despite Low Oil Prices
Kuwait is expected to award $27b worth of contracts before year-end despite the significant slump in oil prices, indicating an expansion in Kuwait's projects market.
Algeria: Oil and Gas to Increase by 30% in 2020
Algeria’s Energy Minister, Noureddine Bouterfa, has said that Sonatrach expects a boost in its oil and gas production by 30% in 2020.
IMF Forecast Cites MENA Growth after Oil Price Recovery
The International Monetary Fund (IMF) raised its 2016 growth forecast for the Middle East and North Africa after a rebound in oil prices.
Morocco Approaches Russian Energy Investments
A Moroccan energy official said that a number of investment opportunities were proposed to the Russian gas and oil companies during a joint working group held in Moscow.
Tehran Chamber of Commerce Supports New Oil Contract Model
The Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) is to back the newly-developed oil contracts model.
Aramco Eyes $13b Fadhili Gas Plant Online by 2019
State oil giant Saudi Aramco announced it had signed four engineering contracts to build its Fadhili gas processing project worth more than $13b.
UAE: ENEC’s Nuclear Plant Crosses 65% of Completion
The Emirates Nuclear Energy Cooperation (ENEC) is moving forward with the completion of the country’s first nuclear plant, with the successful installation of Unit 3 Reactor Vessel (RV) at Barakah.
Algeria Boosts Output at Two Major Oil Fields
Algeria has increased its oil output at the Hassi Messaoud and Ourhoud oil fields over the last few months in an effort to compensate for lost revenue,
