deal | Egypt Oil & Gas - Part 3
Oil Inventories Increase Despite OPEC Deal
Saudi Arabia, the biggest member of the cartel, showed a surprising output jump, increasing production in February by 263,000b/d to 10mb/d.
Siemens to Build Power Equipment in Iran
Iran has signed a preliminary deal with Germany’s Siemens to manufacture equipment for the country’s electricity industry.
Iran Eyes $80b Oil Deals Despite Trump’s Threat
Iran is negotiating $80b of oil deals for signing, some of which are expected to be finalized no later than June.
Kuwait to Host Ministerial Meeting on Global Oil Cut
Kuwait will host a Ministerial Committee meeting, charged with monitoring the compliance with Vienna agreements on cutting oil output, on 22-23 March.
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.
Pura Vida to Drill Offshore Gabon
Pura Vida Energy has reached a conditional agreement with an offshore drilling contractor which will fund a three-well drilling program in the Nkembe block, offshore Gabon.
Zimbabwe to Import Fuel for High Demand Season
The Reserve Bank of Zimbabwe (RBZ) has signed a deal with local petroleum giant, Sakunda Holdings, for the importation and supply of fuel in the country.
Tanzania, Dangote Agreed in Gas Supply Deal
Nigeria's Dangote Cement have reached a deal with Tanzania on the supply of natural gas to the firm's manufacturing plant in the East African country after negotiations stalled over prices.
