deal | Egypt Oil & Gas - Part 3

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.

Calgary’s Penn West Sells its Assets Worth $975m

Teine Energy Ltd. Has agreed to purchase all of the oil-producing assets of its fellow Calgary-based firm Penn West Petroleum Ltd for $975m

GCC Members Seek to Revive Oil Output Deal

Gulf OPEC members including Saudi Arabia are looking to revive the idea of coordinated oil-output action by major producers on next meeting, a senior OPEC source said.

Jordan to Boost Energy Cooperation with Algeria, Egypt, Palestine

Jordan signed multiple agreements with Algeria, Egypt, Palestine on energy investment and mineral resources exploration on hope of boosting co-operation in the growing sectors.

Israel Reaches Deal to Develop Leviathan Gas Plan

After months of negotiations, Israel has reached a deal with the Texas-based Noble Energy and Israel's Delek Group that will finally allow the firms to move forward with development of the huge Leviathan natural gas ...

Nigeria Faces Problems over Oil Freeze Failure

The failure of the deal to freeze oil production, which could have hastened a recovery in oil prices, puts Nigeria and other cash-strapped oil producers in more trouble.

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