China | Egypt Oil & Gas - Part 16
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. One of the preliminary agreements envisages the joint development of downstream and petrochemical projects in China.
Kuwait Oil Exports to China Reached 253,000b/d
Kuwait's crude oil exports to China in January edged down 1.8% from January 2016 to 1.07m tons, equivalent to around 253,000b/d.
El Molla Meets with Chinese Delegation over Projects Development
Tarek El Molla, met with Industrial and Commercial Bank of China ( ICBC) delegation headed by Evy Tsai, the General Manager of ICBC’s Africa Branch.
ADNOC Awarded 12% Onshore Stake to China
Abu Dhabi National Oil Co., the UAE’s main state oil firm, announced late February that it has awarded a combined 12% stake in a mega onshore venture to two Chinese companies, CEFC China Energy Co. and China National ... Egypt, China Discussed Future Collaborations
Egyptian Minister of Petroleum, Tarek El Molla, met with China's Sinopec CEO to discuss investments.
Saudi Aramco Signed Crude Deal with Chinese Refiner
State oil giant Saudi Aramco has signed a contract with Chinese oil refiner North Huajin Chemical Industries Group Corp to supply its crude in 2017.
Iran Targets $8.6b Refinery Deals
Iran expects to sign its biggest oil refining contracts worth $8.6b with a number of Japanese, Chinese, and South Korean companies.
China’s Poly-GCL Drilling in Ethiopia’s Gas Field
The Chinese firm Poly-GCL began drilling the 6th petroleum and natural gas well at Hilal-7 gas field in Ethiopia.
