Egypt to Develop 11 Oil and Gas Projects in FY 2019/20
The 11 E&P projects in the oil and gas field will be located in the deep waters of the Mediterranean Sea, the Gulf of Suez, Delta and the Western Desert.
development | Egypt Oil & Gas - Part 10
Qatar Petroleum Acquires 35% Stake in Eni’s Mexican Offshore Oil Fields
Qatar Petroleum has signed a deal with Eni to acquire a 35% stake in three of the Italian company's Mexican offshore oilfields.
China Reveals $20B Loan Package for MENA Countries
Chinese President Xi Jinping on Tuesday pledged $20 billion in loans, and about $106 million in financial aid, to Middle East nations.
Russian Firms to Bid for Iranian Shadegan Oil Field
Two Russian firms are reportedly preparing bids and technical proposals to develop the Shadegan oil field in southern Iran.
Egypt Allocates EGP 25B to Develop Electricity Grid
Egypt has allocated EGP 25 billion to be spent on developing the national electricity grid over the next two years.
Russian Iran Hydrocarbon Investments May Exceed $50 B
Russian presidential aide Yuri Ushakov announced on April 2 that Russia could invest more than $50 billion in Iranian oil and gas fields.
Oil Companies Eye Developing 11 Iraqi Oil, Gas Fields
Some 16 companies, including Exxon, Chevron, and Total, have expressed interest in 11 Iraqi oil and gas fields, the bidding for which takes place on April 15.
Gazprom Mulls Developing Gas Fields in Iran
Russia’s Gazprom is considering the development of four Iranian gas fields and is planning to present relevant offers by late March, said Bijan Zangened, Iranian Minister of Petroleum.
SDX Targets 4,422 boe/d from North West Gemsa in 2018
SDX Energy Incorporation announced plans to maintain 2017 production rates from North West Gemsa during 2018, standing at 4,422 barrel of oil equivalent per day (boe/d).
EGAS to Boost Gas Production to 7 bcf/d by End of 2018/2019
EGAS plans to drill and develop natural gas fields in the Mediterranean Sea in order to boost production to around 6 billion cubic feet per day (bcf/d) by the end of fiscal year (FY) 2017/2018, which will graduall ...
