Agreement | Egypt Oil & Gas - Part 4

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) with ...

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, according to Reuters. Chev...

Modern Gas to Develop Banan Riyadh Gas Network

Modern Gas, an Egyptian joint stock company, has signed an agreement with Talaat Moustafa Group to implement centralized gas networks for the residential city of Banan Riyadh, Saudi Arabia, according to a statement by...

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, schedu...

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 Industrial ...

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 to Reuters. The agreement, signed...

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 project ...

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, acc...

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 projects ...

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

Abu Dhabi National Oil Company (ADNOC) has signed a landmark structured financing transaction of up to $11 billion to monetize future midstream natural gas production from the Hail and Ghasha project in partnership wi...

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