Agreement | Egypt Oil & Gas

ADNOC Finalizes Up to $11 Billion 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 ...

Egypt-Saudi Electricity Link Up Begins Trial Operations in January

Egypt and Saudi Arabia are preparing to launch the first phase of their long-planned electricity interconnection project, with trial operations on the initial line set to begin in the first week of next month, Egy ...

TotalEnergies to Supply Solar power to Google’s Malysia Data Centers

TotalEnergies and Google have signed a 21-year power purchase agreement (PPA) under which Google will receive one terawatt-hour (TWh) of certified renewable electricity from the Citra Energies solar power plant in ...

Baker Hughes, Hunt Oil Partner to Redevelop Mature Oil and Gas Fields

Baker Hughes, one of the major energy technology company and Hunt Oil Company, privately held upstream explorer, have signed a joint framework agreement to evaluate and redevelop mature oil and gas fields worldwid ...

Shell Nears $3 Billion Deal to Acquire LLOG Exploration Offshore

Shell, one of the giant global energy companies, is reportedly nearing an agreement to acquire LLOG Exploration Offshore in a transaction valued at over $3 billion.

If completed, the deal would significantl ...

JERA Signs First Long-Term LNG Deal to Supply India

Japan’s largest power generation company, JERA, has signed a 10-year liquefied natural gas (LNG) sale and purchase agreement with Torrent Power, one of India’s leading integrated power utilities. The deal, which b ...

EGPC Signs $30mm Oil Exploration, Production Deal with Cheiron

Cheiron has signed with the Egyptian General Petroleum Corporation (EGPC) an agreement for oil exploration and production in the East Gemsa offshore area in the Gulf of Suez. The deal, which covers the drilling of ...

ESAF Aquires Egypt’s First License to Produce Aviation Fuel

The Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of the first Sustainable Aviation Fuel (SAF) production license agreement, considering a major step toward advancing low-carbon en ...

Spanish Xcalibur to Run Aerial Mining Survey Across Egypt

Egypt is set to conduct a comprehensive airborne geophysical survey of mineral potential nationwide under a Memorandum of Understanding (MoU) signed between the Mineral Resources and Mining Industries Authority an ...

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