contracts | Egypt Oil & Gas - Part 2

QatarEnergy Awards the Ownerships of the First Batch of LNG Ships

QatarEnergy announced that it has awarded the ownership of the first batch of liquified natural gas (LNG) as a part of its LNG shipping program. This came after signing a series of time-charter parties (TCP’s) with a ...

Aramco Awards EPC Contracts for Jafurah Field Development 

Saudi Arabian oil company Aramco announced that it awarded subsurface and Engineering, Procurement and Construction (EPC) contracts valued at $10 billion for developing the vast Jafurah unconventional gas field, the l...

Petromaint Signs Contracts with NOCs Worth EGP 390 Million in Total

Alexandria Petroleum Maintenance Company (Petromaint)’s Chairman Ahmed Fouad signed an EGP 300 million technical services contract with Alexandria Petroleum Company and a separate EGP 90 million contract with El...

Colombia, Anadarko Sign E&P Contracts for Four Blocks

Colombia has signed exploration and production (E&P) contracts with Anadarko company, which is a subsidiary of Occidental Petroleum Corporation for four off-shore blocks at the Caribbean coast with expected invest...

Saipem Secures Onshore Drilling Contracts in Middle East, South America

Seeking to expand its operations, Saipem has scored new onshore drilling contracts with countries in the Middle East and in South America worth $70 million, a press release issued by Saipem declared. The company elabo...

Saipem Wins Three New Onshore Drilling Contracts

Saipem has been awarded extension of two significant onshore drilling contracts in Saudi Arabia for a period of five and ten years, respectively, as well as a new four-year contract in Colombia, according to Saipem’s ...

SOCAR Ships 90,000 Tons of Oil to Belarus

The Deputy Head of Azerbaijan’s State Oil Company SOCAR, Ibrahim Ahmadov, said that the company has shipped a batch of 90,000 tons of Azerbaijani oil to Belarus in February, Neftegaz.RU reported quoting local media. A...

Iran’s NIOC Signs 8 Oil Contracts with Local Companies worth $1.2 B

The National Iranian Oil Company (NIOC) has signed eight oil contracts with local companies to boost and maintain production at the Iranian fields at a cost of $1.2 billion, a press release reported. The contracts inc...

INE Approves PetroChina as Storage Facilities for LSFO Futures  

Shanghai International Energy Exchange (INE) approved PetroChina International Middle East as overseas storage facilities for lower Sulphur fuel oil (LSFO) futures, according to a press release. INE elaborated that th...

Chinese Refineries to Produce 18 MM Tons of LSFO

Chinese refiners will be able to produce up to 18.1 million tonnes of low-sulphur fuel oil (LSFO), Zhang Tong, VP of PetroChina International, told Reuters. He added that the country will be self-sufficient in the shi...

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