deal | Egypt Oil & Gas - Part 4
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, Trade Arabia informed. The biggest deal is reserved for Japan’s Marubeni, Chiyo...
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, Offshore Energy Today reported. Under the te...
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, Ecofin Agency informed. Under the deal, which became effective ...
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, Reuters reporte...
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, according to Calgary Herald. The deal, which is expected to close in the sec...
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 to Reuters, but he added that Iran is not ready fo...
Jordan to Boost Energy Cooperation with Algeria, Egypt, Palestine
In order to boost cooperation and allow more investments in the energy and mineral resources industry, Jordan signed multiple agreements with Algeria, Egypt, Palestine, officials said according to Ansamed. The agreeme...
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...
