Agreement | Egypt Oil & Gas

Chevron in Exclusive Talks to Acquire West Qurna 2 Oilfield in Iraq

Chevron has begun exclusive negotiations with Iraq over the massive West Qurna 2 oilfield, bringing it closer to taking over the asset from Russian producer Lukoil, which is under sanctions.

Modern Gas to Develop Banan Riyadh Gas Network

Modern Gas has signed an agreement with Talaat Moustafa Group to implement and operate centralized gas networks for the Banan Riyadh residential city in Saudi Arabia.
The first phase of the project is valued ...

QatarEnergy, Petronas Sign 20-year LNG Supply Deal

QatarEnergy has entered into a long-term agreement with Malaysia’s state energy firm, Petronas, to supply two million tons of liquefied natural gas (LNG) annually for 20 years. The sales and purchase agreement, sc ...

ADNOC, TAQA Sign 27-Year Utilities Supply Deal

ADNOC and Abu Dhabi National Energy Company (TAQA) have signed a 27-year Utilities Purchase Agreement (UPA) to provide critical infrastructure and services to the TA’ZIZ Industrial Chemicals Zone in Ruwais Industr ...

Syria, Jordan Sign Gas Supply Deal to Support Power Generation

Syria and Jordan have signed an agreement to supply natural gas to Syria through Jordanian territory, in a move aimed at strengthening Syria’s fragile electricity grid, officials said. The agreement, signed at Syr ...

SCZONE Signs $34Mn Deal with China’s CNCEC for Soda Ash Project

The General Authority for the Suez Canal Economic Zone (SCZONE) signed a contract with China National Chemical Engineering Company Co., Ltd. (CNCEC) worth $34 million in investments to establish an industrial proj ...

SLB Secures Five-Year Aramco Contract to Support Major Unconventional Gas Program

Global technology company SLB has secured a five-year contract from Aramco to provide stimulation services across the Saudi giant’s unconventional gas fields, supporting a multi‑billion‑dollar development program, ...

ADNOC Secures $2Bn S.Korean Financing to Fund Sustainable Projects

Abu Dhabi National Oil Company (ADNOC) has signed a $2 billion (AED 7.34 billion) green financing agreement backed by the Korea Trade Insurance Corporation (K-SURE) to support the development of lower-carbon proje ...

ADNOC Finalizes Up to $11 Bn Financing Deal for Hail and Ghasha Gas Project

Abu Dhabi National Oil Company (ADNOC), the State-owned energy major, has signed a landmark structured financing transaction of up to $11 billion to monetize future midstream gas production from the Hail and Ghash ...

Baker Hughes Wins Major KOC Contact to Boost Kuwait Oil Output

Baker Hughes, one of the major innovators, has secured a significant multi-year contract from Kuwait Oil Company (KOC), the state-owned oil company, to deploy advanced artificial lift technologies aimed at enhanci ...

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