development | Egypt Oil & Gas - Part 7

EGP30 Billion Allocated for Developing Public Petroleum Companies in 2022/23

The Minister of Petroleum and Mineral Resources Tarek El Molla has announced that Egypt allocated EGP 30 billion for the first time in the budget of the fiscal year (FY) 2022/23 to develop the petroleum companies ...

ADNOC Awards EPC Contract to NPCC Worth $946 M

Abu Dhabi National Oil Company (ADNOC) announced that it has been awarded Engineering, Procurement, and Construction (EPC) Contract worth $946 million to National Petroleum Construction Company (NPCC) for strategi ...

Iraq Oil Ministry: Total Enters Development of Four Projects Worth $27 B

The Iraqi Oil Ministry Spokesman Assem Jihad stated that Total company is investing in four development projects in Iraq worth $27 billion. 

Iran to Increase Fars Province Natural Gas Production by 110 mmcm/d

Iran’s Minister of Petroleum, Javad Owji, has announced that his government planned to invest in the upstream gas sector to boost natural gas production from Fars province’s fields to grow by 110 million cubic met ...

Iraq’s INOC to Negotiate with Chevron for Developing Oil Fields in Dhi Qar

Iraqi Cabinet has assigned Iraq National Oil Company (INOC) to negotiate with Chevron company for developing oil fields located in Nassiriya province in Dhi Qar.

QatarEnergy, H2Korea Sign Agreement on Hydrogen Cooperation

QatarEnergy and Korea’s Hydrogen Convergence Alliance (H2Korea) have signed an agreement for cooperation in the field of hydrogen energy.

Gazprom Develops Gas Processing Plants to Boost Production

Gazprom company announced that its natural gas processing plants (GPPs) based in Russia are integrated into the single process chain of gas supplies, from hydrocarbon feedstock production to consumer deliveries.

Petrofac Awarded Brownfield Project in UK

Petrofac company announced that it has been awarded, through a competitive tender, a brownfield contract with Ithaca Energy amounts to $17 million.

Iraq to Increase Production Capacity of North Refinery

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).

Iran’s NIOC to Award Contract to Petropars for Developing Farzad-B Field

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.

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