investment | Egypt Oil & Gas - Part 5

Iraq to Invest 200 mscm/d of Gas from Dhi Qar Fields

The Undersecretary for Extraction Affairs of the Iraqi Oil Ministry, Karim Hattab announced that the ministry plans to invest the gas accompanied with oil operations in Dhi Qar Governorate through conducting contr ...

Exxon Studies Investing about $240 M in Baton Rouge Refinery

Louisiana Governor, John Bel Edwards, stated that ExxonMobil Company is studying to invest more than $240 million from Baton Rouge refinery, from which it is producing 517,700 barrels per day (b/d).

El Molla Discusses Cooperation with Hungary’s Ambassador

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has discussed with the Hungarian Ambassador to Egypt, András Kovacs, the ways of cooperation in the oil and gas sector.

Norway Resumes Investment in Brazil’s Petrobras 

Norway re-permits the country’s largest pension fund, KLP, to invest in Brazil’s state-run Petrobras once more.

Algeria’s Proven Oil Reserves at 10 Billion Barrels

Algeria’s Energy Minister, Mohamed Arkab, has announced that Algeria’s proven oil reserves currently stand at 10 billion barrels.

Algeria’s Sonatrach signs MoU with ExxonMobil 

Algerian state-owned Sonatrach has signed a Memorandum of Understanding (MoU) with America’s ExxonMobil Corporation to pave the way for talks on exploration opportunities in Algeria.

ADNOC to Continue Investing Responsibly   

The Abu Dhabi National Oil Company (ADNOC) will continue to invest responsibly in order to deliver on its 2030 smart growth strategy.

Plans for $5 B Petrochemicals Complex in Alexandria

The government is considering a project to establish a petrochemicals complex in Alexandria, with around $5 billion in investments, beside a current $1.5-billion factory.

Oman to Open Habhab Oilfield to IOCs

Oman's Ministry of Oil and Gas will allow international oil companies (IOCs) to invest and develop the ultra-heavy oilfield at Habhab using their technological and financial abilities.

ADNOC Sheds Light on 2030 Growth Strategy at Investor Forum

The Abu Dhabi National Oil Company (ADNOC) has arranged the first investor forum in Abu Dhabi, hosting 200 attendees to provide a clearer vision for its 2030 growth strategy.

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