Agreement | Egypt Oil & Gas - Part 35

Total Signs Two Exploration Deals Offshore Senegal

Total signed two agreements to explore deep and ultra-deep offshore production off Senegal’s Atlantic coast, enhancing the oil developments in the West African country, Reuters reported. According to Offshore En...

Rwanda, DRC Sign Oil Exploration Agreement

The Democratic Republic of Congo and Rwanda have signed a five-year joint exploration agreement for oil under Lake Kivu, All Africa reported. The deal was signed mid-April by Rwanda’s Minister for Natural Resour...

GE, GPIC Sign Deal in Bahrain

GE Oil and Gas Company signed an agreement with Gulf Petrochemical Industries Company (GPIC) to improve and repair GPIC’s plant in Bahrain, reported MENA Herald. GPIC’s President, Abdulrahman Jawahery, sta...

Iran to Join Oil Production Cuts

Iranian Oil Minister, Bijan Zanganeh, told media that Iran is ready to join the initiative of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production, reported Oil Price. Zanganed said that ...

Saudi Arabia Signs New Agreements with China

Saudi Arabian King Salman finished his tour in China during which he signed a number of agreements worth $65b in the first day of his visit, reported Saudi Daily Record. The oil agreements between the two countries in...

Egypt, Jordan to Sign LNG Supply Agreement

Fajr Egypt’s Chairman, Ahmed Mahmoud, said that the company is preparing to sign an agreement with Jordan’s National Electric Power Company to supply 70mcf/d of LNG to Jordanian industries, adding that Fajr is c...

Egypt, Russia to Finalize Nuclear Contract in 2 Months

The Egyptian government plans to finalize the two contracts with Russia regarding Al Dabaa nuclear power plant within two months, reported Daily News Egypt. The contracts will include clauses on technical support, ope...

Saudi Arabia, China Sign $65b Preliminary Deals

China and Saudi Arabia have signed preliminary deals that could be worth as much as $65b if finalized. The news came on the first day of a four-day visit by Saudi King Salman to China, according to Oil Price. One of t...

Kenyan KPC, KPLR Sign 3-Year Lease Agreement

Kenya Pipeline Company (KPC) has signed a 3-year lease agreement with Kenya Petroleum Refineries Limited (KPRL) as it looks to expand the country’s oil storage capacity, Procurement & Logistics Online reported. Ac...

OPEC Reaffirms Commitment to Production Cut

The Organization of the Petroleum Exporting Countries (OPEC) and some non-OPEC oil producers reaffirmed their commitment to oil production cut reached in 2016, Xinhua informed. According to Saudi Energy Minister, Khal...

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