Agreement

  • Bahrain’s NOGA, Eni Rewind Sign MoU for Developing Circular Economy Initiatives

    Bahrain’s NOGA, Eni Rewind Sign MoU for Developing Circular Economy Initiatives

    Sunday, 17th January 2021

    The Bahraini National Oil and Gas Authority (NOGA) and Eni Rewind company have signed a memorandum of understanding (MoU) to jointly identify and promote opportunities for water, soil and waste management and repurposing in Bahrain.

  • Egypt to Receive $1.1 B Fund From ITFC

    Egypt to Receive $1.1 B Fund From ITFC

    Wednesday, 13th January 2021

    The Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of an agreement with the International Islamic Trade Finance Corporation (ITFC) to provide integrated financing solutions to all Egypt's sectors for 2021 worth $1.1 billion. This was in the presence of Hala El Said, the Minister of Planning and Economic Development, Ali Al-Moselhi, the Minister of Supply and Internal Trade, Rania Al-Mashat, the Minister of International Cooperation (MOIC), and Neveen Gamea, the Minister of Trade and Industry via video conference.

  • Zenith Energy Signs Cooperation Agreement with Fleet

    Zenith Energy Signs Cooperation Agreement with Fleet

    Tuesday, 12th January 2021

    Zenith Energy Company announced that it has signed a cooperation agreement with Fleet Oil and Gas Company to jointly identify and pursue oil and gas exploration and production (E&P) acquisitions in the Mediterranean, the Middle East and Africa.

  • Ghana, TG-GEOPARTNERS Signs 3D Seismic Study Agreement

    Ghana, TG-GEOPARTNERS Signs 3D Seismic Study Agreement

    Tuesday, 8th December 2020

    Ghana Petroleum Commission, the regulator of the petroleum sector, has signed an agreement with seismic data supplier TG-GEOPARTNERS for a 3D study in the Keta basin to understand the region in order to prepare exploration concessions.

  • EGAS Approves SDX’s Two-Year Extension in Disouq

    EGAS Approves SDX’s Two-Year Extension in Disouq

    Thursday, 15th October 2020

    The Ministry of Petroleum and Mineral Resources represented by Egyptian Natural Gas Holding Company (EGAS) approved to extend the agreement of SDX company in South Disouq concession for two years.

  • EMGF’s Founders Sign Charter, Become Formally Established

    EMGF’s Founders Sign Charter, Become Formally Established

    Tuesday, 22nd September 2020

    The founding countries of the East Mediterranean Gas Forum (EMGF) have signed a charter on September 22 to become an established international organization contributing to developing natural gas fields and maximizing the utilization of natural resources in the Mediterranean region.

  • Oman Signs E&P Agreement for Hydrocarbon Exploration

    Oman Signs E&P Agreement for Hydrocarbon Exploration

    Thursday, 17th September 2020

    Oman’s Ministry of Energy and Minerals has signed an exploration and production agreement with the American EOG Resources Inc. company to allow the second for exploring hydrocarbons in Block 36 located in the southeast of the country.

  • Al-Sisi Licenses MoP to Contract EGPC, Apache

    Al-Sisi Licenses MoP to Contract EGPC, Apache

    Wednesday, 16th September 2020

    According to the official Egyptian newspaper, the President Abdel Fattah Al Sisi has approved the law no 167 for the year of 2019 to allow the Minister of Petroleum and Mineral Resources to contract with the Egyptian General Petroleum Corporation (EGPC) and Apache LDC.

  • Hamriyah Free Zone Signs Agreement to Launch Multi-functional Facility

    Hamriyah Free Zone Signs Agreement to Launch Multi-functional Facility

    Monday, 10th August 2020

    The Director of Hamriyah Free Zone, Saud Salim Al Mazrouei, inked an agreement with Orient Source Hong Kong Group, International Commodity Trader and Project Investor to inaugurate the multi-functional offshore and repair facility at the Port of Hamriyah in Sharjah in UAE along with a Trading Platform with Hamriyah Free Zone.

  • Six Arab Countries Reassert Compliance to OPEC+ Deal

    Six Arab Countries Reassert Compliance to OPEC+ Deal

    Sunday, 9th August 2020

    The oil Ministers of Saudi Arabia, UAE, Kuwait, Oman, Iraq, and Bahrain reconfirmed their full support for OPEC+ agreement of cutting oil production in order to further speed up rebalance of oil markets.

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