Iraq Seeks Investment for Anbar Refinery Project
The Iraqi Ministry of Oil invited investors to submit proposals for the construction of an oil refinery in Anbar province, near the city of Haditha.
downstream | Egypt Oil & Gas - Part 6
ADNOC, Samsung Sign Two Agreements Worth Over $3.5 B
Abu Dhabi National Oil Company (ADNOC) awarded two major contracts worth more than $3.5 billion to Korean Samsung Engineering through ADNOC Refining.
Total Eyes Downstream Projects with ADNOC
Total recently won a deal with ADNOC for two stakes in Umm Shaif and Lower Zakum respectively worth a total of $1.45 billion.
Aramco to Invest $18b in Expansion in the Americas
Saudi Aramco plans to spend $18b in the next five years to expand its operations in the Americas.
Oman Announces Downstream IPO
Omani downstream companies that will see their shares listed are Salalah Methanol Company and an unnamed driller.
Liberian Government Increases Fuel Prices
The new prices have increased from $3.16 to $3.26 for a gallon of gasoline, while the retail pump price for a gallon of diesel fuel has increased from US$3.13 to $3.26.
Bahrain to Invest $7b in Downstream by 2022
Nogaholding, the investment arm of Bahrain's National Oil and Gas Authority (Noga), has substantial expansion plans and expects to invest in excess of $7b across several separate ventures by 2022.
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.
Nigeria to Invest in Gas
Nigeria currently possesses the capacity to create about $51b opportunities in the midstream and downstream gas sector. The country also plans to establish an independent agency to control the gas industry.
