Shell to Invest in Whale Development in the Gulf of Mexico
Shell Offshore Inc, a Subsidiary of Royal Dutch Shell, announced that it has taken the final investment decision (FID) to invest in Whale, a deep-water development in the Gulf of Mexico.
investment | Egypt Oil & Gas - Part 7
China to Build LNG Terminal in Guangdong
China announced that it has started to build a liquefied natural gas (LNG) terminal at a capacity of 4 million tons with investments of $1 billion in the southern coastal province of Guangdong.
South Sudan Launches First Oil Licensing Round
The Ministry of Petroleum (MoP) of South Sudan announced the launch of the first oil licensing round.
Equinor, ExxonMobil to Invest $8 B in Brazil’s Bacalhau Oil Discovery
Equinor, ExxonMobil, and Petrogal Brasil have agreed to invest $8 billion in the development of Brazil's Bacalhau oil discovery, according to Reuters.
ADNOC Spends $318 MM to Connect Smart Wells at Bu Hasa
The Abu Dhabi National Oil Company. (ADNOC) has invested up to $318 million to connect newly drilled smart wells to the main production facilities at Bu Hasa, allowing the company's largest onshore asset to mainta ...
ECHEM, ETHYDCO to Establish New Polyethylene Unit
Minister of Petroleum and Mineral Resources, Tareq El Molla, stated that the Egyptian Petrochemicals Holding Company (ECHEM) and the Egyptian Ethylene annd Derivatives Company (ETHYDCO) plan to establish a new uni ...
Vietnam’s VinaCapital, GS Energy to Invest $3 b in LNG Plant
VinaCapital company announced that it plans to invest $3 billion in establishing liquefied natural gas (LNG) power complex with its partners GS Energy.
El Molla Launches Third Batch of Mining Sector Program
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced the launch of the third batch of the Human Capacity Development in the Mining Sector program, which implemented by the Egyptian Mineral Re ...
Libya’s NOC Discusses Boosting Cooperation with Italy
The Chairman of Board of Directors of the Libyan National Oil Corporation (NOC), Mustafa Sanalla, has discussed how to boost cooperation with the Italian companies.
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 ...
