contracts | Egypt Oil & Gas - Part 4

Nigeria to Speed Up Oil&Gas Contracts

Nigeria is determined to cut the contracting cycle –the time between the bidding process and the actual award of contracts– in the country’s oil and gas industry from the current average period of two to four years, ...

Russia’s Rosneft Eyeing Iranian Oil&Gas Projects

Russian oil producer Rosneft is interested in oil and gas projects in Iran, according to the Energy Minister, Alexander Novak. However, the Minister added that "It is too early to talk about any concrete plans as Iran".

ASORC Signs Two Development Contracts with Foreign Firms

Assiut Oil Refining Company (ASORC) signed a new development contract with Australian company WorleyParsons and another with French company Axens.

Oman Localization Strategy Garners $650m in Contracts

Multi-million dollar contracts were signed by corporate entities, including small and medium enterprises (SMEs), in various fields during the Business Opportunities Forum at the Oman International Exhibition Centre a ...

Oil Companies Call for PSAs, Contract Incentives in Iraq

International oil companies could boost production in Iraq beyond current targets if production contracts were changed to give more incentives for investment, according to BP Plc and Royal Dutch Shell Plc.

Kuwait to Spend $11.5 Bn to Build Middle East’s Largest Refinery

Kuwait National Petroleum Co (KNPC) awarded 3.48 billion dinars ($11.5 billion) worth of contracts on Tuesday to build the al-Zour oil refinery,

Qatar Petroleum No Longer Dealing with Contractors Directly

Qatar Petroleum (QP) has decided not to assign any contracts by direct agreement with the relevant parties, including wholly or partly owned companies by QP or its subsidiaries

Libya To Offer New Production-Sharing Contracts

Libya will offer new production-sharing agreements to international oil companies on improved terms to existing contracts, but this won't happen this year, said the country's Minister of Oil and Gas, Abdurahman Benye ...

Statoil hands out $5.1bn in drilling contracts

Norway's Statoil has awarded drilling contracts on the Norwegian Continental Shelf worth a combined Nkr30 billion ($5.1 billion), including options.

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