investments | Egypt Oil & Gas - Part 20
Aramco to Expand Investments in Emerging Sectors
Aramco announced its intention to expand its focus on emerging sectors at the Future Investment Initiative Forum. During the forum, the company highlighted its potential new projects in green hydrogen, sustainable tec...
QatarEnergy, Shell Sign Agreement for Developing Hydrogen Projects in UK
QatarEnergy announced that it has signed an agreement with Shell to seek joint investments in blue and green hydrogen projects in the UK. According to this agreement, the two companies will take advantage of integrate...
BP Invests $270 million in Three Major Projects at Cherry Point Refinery
BP revealed a plan to invest $269 million in three projects at Cherry Point Refinery in Washington in order to enhance the refinery’s efficiency, minimize its carbon dioxide (CO2) emissions, and boost its renewable di...
Anchorage Investments to Develop a $2.5 B Petrochemicals Project in Suez Canal
Anchorage Investments plans to develop a massive $2.5 billion petrochemicals project in the Suez Canal Economic Zone, the company said in a statement. The petrochemicals project is set to be an industrial complex that...
Iran Plans to Invest $4 billion in Oil Projects in Ilam Province
Iranian Petroleum Minister Javad Owji announced that his ministry will contribute $4 billion in investments to developing oil and energy projects at Ilam province, a press release issued by the National Iranian Oil Co...
INEOS Invests Over £1 B to Cut Down on Greenhouse Gas Emissions
INEOS announced that it will invest over £1 billion in reducing greenhouse gas emissions at its site in Grangemouth, as part of its strategy to reach net zero emissions by 2045, a press release issued by the company s... Alegria Plans to Boost Oil& Gas Investments by $2.6 billion in 2022
The Algerian Prime Minister Ayman Benabderrahmane stated that his country intends to increase its oil and gas sector’s investments by $2.6 billion up from $7.4 billion to $10 billion during 2022, Reuters reported. He ...
84% of South Pars Wells Connected to Production line
The CEO of Pars Oil and Gas Company (POGC), Mohammad Meshkinfam, announced that 336 wells out of total 400 wells, representing 84%, at South Pars filed are connected to the production line, a press release issued by N...
