Agreement | Egypt Oil & Gas - Part 2

Capricorn, Cheiron to invest $208Mn in Consolidated Badr El Din Concession

The Egyptian General Petroleum Corporation (EGPC),  Cheiron Petroleum Corporation, and  Capricorn Energy PLC.signed on May 19 a new deal to pump at least $208 million in the consolidated Badr El Din concession in ...

Libya’s NOC Ends Trasta Partnership, Restores Full Control of Ras Lanuf Complex

Libya’s National Oil Corporation (NOC) has signed a final agreement with Trasta Company, officially ending their long-running partnership in the Libyan Emirates Oil Refining Company (LERCO) after more than a decad ...

ITFC, EGPC Sign $800Mn loan Agreement to Support Energy Sector

The Egyptian General Petroleum Corporation (EGPC) has signed $800 million loan agreement with the International Islamic Trade Finance Corporation (ITFC) to support the energy sector, noted a statement by the Minis ...

TotalEnergies, QatarEnergy, ConocoPhillips to Evaluate Offshore Syria Block

TotalEnergies, alongside partners QatarEnergy and ConocoPhillips, has signed a Memorandum of Understanding (MoU) with the Syrian Petroleum Company (SPC) to evaluate Block 3 offshore Syria in the Mediterranean Sea. ...

Syria Advances First Deep-Water Offshore Energy Project with Chevron and UCC Holding

Syria has designated an offshore block for its first deep-water oil and gas exploration project, in partnership with Chevron, the US energy major and UCC Holding, Qatari construction conglomerat, according to the ...

ExxonMobil-Led Consortium to Launch Offshore Drilling in Greece with Stena Drilling

A consortium comprising US oil major ExxonMobil, Energean, and Greece’s leading refiner Helleniq Energy is set to sign a contract with Stena Drilling to initiate exploratory drilling in an offshore block in wester ...

TotalEnergies, Masdar Launch $2.2 Bn Asia Renewables JV

TotalEnergies, the integrated multi-energy company, and Abu Dhabi Future Energy Company (Masdar), the UAE-based global renewable energy company, signed a binding agreement to establish a 50/50 joint venture (JV) w ...

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 ...

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