downstream | Egypt Oil & Gas - Part 8

Iran Seeking GDP Impetus in Mining, Downstream Sectors

In response to the declining oil prices, Iran plans to increase the mining sector’s share in the country’s GDP from the current less than 1% to more than 2% within ten years, reported Trade Arabia, citing a stud...

Nigeria Approves $2b Fuel Subsidy, NNPC Advocating Deregulation

Nigeria announced it had approved a $2b (N407.07b) fuel subsidy package, including payments to oil marketers for accrued arrears from the two fiscal years, 2014 and 2015, SaharaReporters wrote. The approval came after...

WRA in Partnership with the Ministry of Petroleum to Host Egypt Downstream Summit

The World Refining Association (WRA) announced in a press release that the Egypt Downstream Summit & Exhibition will take place on February the 15th, and will be held under the patronage of Tarek El Molla, Ministe...

OptaSense to Provide Upstream-Downstream Services to Gasos

OptaSense, a leading company in Distributed Acoustic Sensing (DAS) solutions, has signed a services agreement for upstream and downstream activities with Abu Dhabi’s Gulf Automation Services and Oilfield Supplies (Gas...

Qatar Kentz Wins EPC Contract for Second Laffan Refinery

Qatargas Operating Company Limited (Qatargas) has granted a contract to Qatar Kentz for the engineering, procurement, supply, construction and commissioning of a water recycling facility at the planned Laffan Refinery...

Bahrain to Host 3rd Pipeline Conference for Middle East

Bahrain’s Energy Minister Dr Abdulhussain Mirza will patronize the third international ‘Pipeline Operations and Management – Middle East’ conference and exhibition, reported Trade Arabia. The future of oil pipel...

$60m Petrochemicals Terminal Opening in Sharjah

Gulf Petrochem Group, a company operating in the downstream and midstream sectors of the oil and energy industry, said it has opened its brand new state-of-the-art terminal in Sharjah, reported Trade Arabia. The m sto...

Iran Utilizes US Go-Betweens to Attract Billions Into Upstream

“During 2016-25, our upstream sector needs $176 b and the downstream sector needs $77 b of investment,” said Ali Kardor, the deputy for investment affairs of the National Iranian Oil Company (NIOC), report...

Long Delayed Trials Take Place at Saudi Butanol Plant

Saudi Butanol Co, a joint venture of local petrochemicals firms, has begun trials of its Jubail plant, reported Reuters. Testing will take between three and six months at the plant, said a statement from Sahara Petroc...

Total, Shell, BP Move into Iranian Fuel Market

Officials in Tehran announced on Friday that Shell would be allowed to build 100 petrol stations in Iran, reported The Guardian. Nonetheless, a Shell spokesman in London said: “We have not sought, or been granted, any...

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