investment | Egypt Oil & Gas - Part 10
Iran to Receive $11b Investments from India
India’s Oil and Natural Gas Corporation ONGC Videsh is aiming to invest $6b in the giant Iranian natural gas field, Farzad-B, and spend more $5b to build a liquefied natural gas export facility. Kuwait to Establish Private-Public Oil Industry Zone
The Kuwait Petroleum Corporation (KPC) is willing to establish an oil industry zone through a private-public partnership deal.
Iran Drills New Wells in Three Months
NIDC drilled over 75 km of oil and gas wells using its drilling fleet during the first quarter of Iran’s current fiscal year.
France to Invest $1.13b in Nigeria’s Oil and Gas industry
The French government says it has set aside about $1.13b to invest in Nigeria’s oil and gas industry, to strengthen its economic relations in Africa.
AfDB to Finance Three Projects within Egypt’s FiT Program
The African Development Bank (AfDB) is considering financing three projects within the Feed-in Tariff (FiT) program in Benban, Aswan for $60m.
Petrofac Inks Agreement with Kuwait Oil Company
Petrofac has agreed a five-year relationship with KOC for the provision of specialist technical training and competency development services.
Sound Energy Establishes News Exploration Program
Sound Energy has kicked off a new program at Sidi Moktar project in Morocco.
Emerson Signs a MoU with Saudi Aramco
Emerson signed a Memorandum of Understanding (MoU) with Saudi Aramco during the recently held Saudi-US CEO Forum in Riyadh.
