deals | Egypt Oil & Gas

Venezuela Targets 105 Oil Contracts by End-2026

Venezuela aims to finalize 105 oil contracts by the end of 2026, with around 70% covering greenfield developments, as the country seeks to attract foreign investment into its energy sector, state-owned oil company PDV...

India Mandates Weekly Crude Disclosures to Facilitate Strategic US Trade Deal

India has directed its oil refiners to submit weekly disclosures of crude oil purchases from Russia and the United States, a first-of-its-kind move intended to provide the Prime Minister’s Office with verified data fo...

Egypt, Emirate of Fujairah Sign Three Deals for Petroleum Trade, Expand El Hamra Port

Egypt and the Emirate of Fujairah signed an agreement on Thursday to establish an Egyptian shareholding company responsible for developing a logistics zone in the Mediterranean basin at El-Alamein. The project aims to...

Qatar to Boost Long-Term Natural Gas Supply Deals in 2024

Qatar is gearing up to signing more long-term natural gas supply deals in 2024 in order to meet growing global demand, Qatari Energy Minister Saad al-Kaabi stated, according to Al Monitor. Qatar’s energy ministe...

EGYPES 2024: Energy Giants Seal Pivotal Deals to Secure Better Future for Egyptian Energy 

As the center of gravity when it comes to breaking deals with energy majors, EGYPES 2024 witnessed the signing of many memoranda of understanding (MoUs) and agreements. These include: EGPC, Halliburton Enters Agreemen...

Saudi Aramco Endeavors to Offer More Deals to Investors

Saudi Aramco’s CEO, Amin Naseer , said that his company seeks to offer more potential deals to investors and unlock its capital, Reuters reported. This announcement came after the closure of a $12.4 billion deal...

Iran’s NIDC Allocates $123 million to Upgrade Drilling Rigs

The National Iranian Drilling Company (NIDC) allocated $123.8 million for upgrading and renovating its drilling rigs and equipment across its operational, technical, specialized, and logistical departments, Tehran tim...

Remarkable Oil, Gas Achievements in 2019

Egypt’s oil and gas sector has managed to achieve several successes throughout 2019. These are some of the sector’s highlights: Minister of Petroleum and Mineral Resources Tarek El Molla has praised the achievem...

Saudi Arabia, Russia Increase Energy Cooperation

Saudi Arabia and Russia are continuing to strengthen their relations in the energy sector, according to a report published by Oil Price. The report reveals that Russia has offered to support Saudi Crown Prince Mohamme...

Italy and Iran Ink Energy Deals Potentially Worth Billions

Italy and Iran signed several deals potentially worth billions during Prime Minister, Matteo Renzi’s, visit to Tehran in April in which both countries expressed their desire to restore their mutual ties followin...

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