Nigeria, IOCs Settled for $5b

• Wednesday, 9th November 2016
• by Egypt Oil & Gas

Nigeria has reached a $5b outline settlement with five oil majors to cover outstanding payments for joint exploration and production.

Nigeria Sues Big Oil for $12.7b

• Thursday, 22nd September 2016
• by Egypt Oil & Gas

Nigeria is suing several leading oil companies for $12.7b of crude oil that allegedly was exported illegally to the US between 2011 and 2014.

Iran, Total to Resume Oil Swap with Caspian Sea

• Monday, 19th September 2016
• by Egypt Oil & Gas

Naftiran Intergraded Company Sàrl, Swiss-based subsidiary of the National Iranian Oil Company (NIOC), and France's Total will sign oil swapping deal for around 200,000b/d.

Iran Signed 7 Deals with Foreign Oil Companies

• Wednesday, 31st August 2016
• by Egypt Oil & Gas

National Iranian Oil Company (NIOC) has signed seven new initial agreements with firms including Austria's OMV, France's Total, Germany's Wintershall, Indonesia's Pertamina, Russia's Lukoil and Zarubezhneft to study ...