deal | Egypt Oil & Gas

ExxonMobil Partners with Air Liquide to Advance World’s Largest Low-Carbon Hydrogen Project

ExxonMobil has signed an agreement with Air Liquide to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil’s Baytown, Texas facility.

Shell to Acquire 100% Shares of Pavilion Energy, Expanding Global LNG Portfolio

Shell’s subsidiary, Eastern Trading Pte. Limited, has signed a deal with Carne Investments Pte. Limited, an indirect wholly owned subsidiary of Temasek to acquire 100% of the shares in Pavilion Energy Pte. Ltd.

Capricorn’s Egypt Onshore Gas Fields to Have Second Biggest Production, Reserves Share in Merger with Tullow Oil

Capricorn Energy finalized an agreement with Tullow Oil to merge in an all-stock deal worth $826.7 million, in which its Egyptian onshore gas fields will have the second biggest share in production, Reuters report ...

Aramco Closes Deal on Natural Gas Pipeline with Investors

Saudi Arabian Oil Company (Aramco) has announced that it successfully closed a lease and leaseback deal signed with international investor consortium, led by affiliates of BlackRock and Hassan.

Mubadala May Join Aramco Oil Pipeline Deal of $12 B

Mubadala Investment Company announced that it is going into negotiations with the U.S. investor EIG Global Energy Partners LLC, which is the lead member in the consortium that will invest in Saudi Aramco’s Oil Pip ...

Six Arab Countries Reassert Compliance to OPEC+ Deal

The oil Ministers of Saudi Arabia, UAE, Kuwait, Oman, Iraq, and Bahrain reconfirmed their full support for OPEC+ agreement of cutting oil production in order to further speed up rebalance of oil markets.

OGS, Pearson, IARS Sign Contract for People Development

Minister of Petroleum, Tarek El-Molla, and British Ambassador to Egypt, John Casson, witnessed the signing of an agreement between OGS, Pearson, and IARS.

OPEC Might Adjust Oil Cut Deal

OPEC delegates were encouraged by Russia to change the OPEC-led deal to cut oil supplies, opening the door to clear the global supply glut.

Iran to Sign a long-Delayed Deal with Total

Iran expects to sign a long-delayed gas deal with French oil major Total in the next few weeks, Iranian Oil Minister Bijan Zanganeh, stated.

Emerson Signs a MoU with Saudi Aramco

Emerson signed a Memorandum of Understanding (MoU) with Saudi Aramco during the recently held Saudi-US CEO Forum in Riyadh.

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