downstream | Egypt Oil & Gas - Part 6
Iraq Seeks Investment for Anbar Refinery Project
The Iraqi Ministry of Oil has invited investors to submit proposals for the construction of an oil refinery in Anbar province, near the city of Haditha, Your Oil and Gas News reported. The facility has a capacity of 7...
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, a wholly-owned ADNOC subsidiary, Al-Bawaba reported. The first cont...
Total Eyes Downstream Projects with ADNOC
Total is exploring the possibility of downstream ventures in the UAE and abroad with the Abu Dhabi National Oil Company (ADNOC), The National reported. “They [ADNOC] are willing to expand in the downstream, and we are...
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, focusing on its US oil-refining subsidiary Motiva Enterprises, The Edge Markets informed, citing Motiva’s statement. Ac...
Oman Announces Downstream IPO
Oman plans to offer shares of some state-owned downstream energy companies to the public, partly to raise money as low oil prices pressure its finances, Gulf Base reported, citing Oman’s Oil and Gas Minister, Mohammad...
Liberian Government Increases Fuel Prices
The Liberian government, through the Liberia Petroleum Refining Company (LPRC) and the Ministry of Commerce & Industry, has announced an increase in the prices of gasoline and diesel fuel on the Liberian market mi...
Bahrain to Invest $7b in Downstream by 2022
The investment arm of Bahrain’s National Oil and Gas Authority (Noga), Nogaholding, has substantial expansion plans and expects to invest in excess of $7b across several separate ventures by 2022, Trade Arabia r...
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, Trade Arabia informed. The biggest deal is reserved for Japan’s Marubeni, Chiyo...
