The Iraqi Ministry of Oil is planning to re-operate North refinery and increase its production capacity to 150,000 barrels per day (b/d).

The Iranian Oil Ministry announced that Petropars company will be awarded a contract worth $ 1.78 billion by the Ntaional Iranian Oil Company (NIOC) for developing the giant Farzad-B gas field.

Eni announced that it has started to produce natural gas from the Merakes Project which is located at the East Sepinggan block in the Makassar Strait in Indonesia.

Minister of Petroleum and Mineral Resources, Tarek El Molla met with the Canadian Ambassador to Cairo, Louis Dumas to enhance mining sector and review the latest development of the Canadian companies in the field of oil, gas, mining, and petrochemicals in Egypt, according to press release.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, reviewed developing cooperation warehouse of Mostorod project with EGP 400 million, and the renewal of the storage warehouses, shipping platform to meet the international standards, according to a press release.

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Minister of Energy in Israel, Yuval Steinitz, have agreed on working on an official agreement to link Leviathan field to the liquefied natural gas (LNG) units in Egypt through an offshore pipeline.

Energean company announced that Abu Qir Petroleum company, its joint venture (JV) with the Egyptian General Petroleum Corporation (EGPC), has signed an integrated engineering, procurement, construction and installation (EPCI) contract with TecnhipFMC company for developing four subsea wells as well as subsea tie-back to the AbuQir Petroleum plant.

Petrofac company announced the formation of industry alliance with companies of Repsol Sinopec Resources UK and TechnipFMC to maximize the recovery of oil and gas from the UK Continental Shelf (UKCS).

The Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the ministry aims to increase contribution in the mining sector to reach 5% during the next five years. He also reviewed the ministry’s road map of mining sector‘s achievements and development starting form 2018 before the Industry Committee in the House of Representatives.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, urged Agiba Petroleum Company and Pharaonic Petroleum Company (PHPC) to increase the number of their development and exploration wells in order to boost both companies' production plans. The minister noted that the recent discoveries in the Western Desert only prove that the region has not yet revealed all its untapped potential.