Saipem Wins $800 M in Contracts
Italian oil and gas contractor Saipem has won contracts worth approximately $800 million in total for engineering and construction in Saudi Arabia, Iraq and other countries.
Italian oil and gas contractor Saipem has won contracts worth approximately $800 million in total for engineering and construction in Saudi Arabia, Iraq and other countries.
State-owned Qatar Petroleum has acquired a 30% equity stake in the Vaca Muerta shale basin in Argentina after an agreement with ExxonMobil.
Algerian state-run energy company Sonatrach is making acquisitions to increase its petrochemicals business with the view of reducing the north African country's fuel imports and boosting revenue.
Exxon Mobil and Iraq are still negotiating a proposed project to enhance production from some of Iraq’s southern oilfields.
ExxonMobil is meeting with the Ministry of Petroleum and Mineral Resources to explore investment opportunities in Egypt.
Exxon Mobil officials are in talks with the Egyptian Ministry of Petroleum and Mineral Resources in order to invest in the country's oil and gas upstream sector.