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

• Thursday, 2nd June 2022
• by Fatma Ahmed

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

• Thursday, 24th February 2022
• by Fatma Ahmed

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

• Monday, 12th April 2021
• by Fatma Ahmed

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

• Sunday, 9th August 2020
• by Fatma Ahmed

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

• Tuesday, 18th July 2017
• by Sarah Samir

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

• Monday, 10th July 2017
• by Dr. Mahinaz El-Baz

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

• Sunday, 18th June 2017
• by Dr. Mahinaz El-Baz

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

• Wednesday, 14th June 2017
• by Dr. Mahinaz El-Baz

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

Qatar Announces Support to OPEC Deal Extension

• Monday, 22nd May 2017
• by Editorial Team

Qatar announced its support to extending the agreement to the end of March 2018.

NNPC to Sign $6b Oil Exchange Deals

• Sunday, 21st May 2017
• by

Nigeria’s state oil company is finalizing the signing of $6b worth deals to exchange more than 300,000b/d of crude oil for imported gasoline and diesel.