joint venture (JV) | Egypt Oil & Gas - Part 2

Weir Oil and Gas Signs Contract with Iraqi JV

Weir Oil and Gas Dubai signed a multi-year contract with an Iraqi joint venture (JV) for rotating equipment overhaul services, Pipeline Oil and Gas magazine reported. The contract, worth more than $5 million, supports...

Kuwait Negotiates Entering Trade Joint Venture

Kuwait is planning to be an energy trader, not just a producer. Kuwait Petroleum Corp (KPC) is discussing entering a joint venture with commodities traders or international oil companies in order to start trading refi...

Abu Dhabi’s Baron Point Petroleum Enters JV with PetroVietnam

Baron Point Petroleum released a statement on July 23rd announcing that the Abu Dhabi-based company has entered into a joint venture (JV) with the Vietnamese national oil and gas company, PetroVietnam Oil Corporation,...

QP, ExxonMobil Formed Ocean LNG

The state owned company, Qatar Petroleum (QP), announced the establishment of Ocean LNG Limited, which is a joint venture (JV) with ExxonMobil. The newly established company’s core business will be marketing fut...

KEMYA Started Commercial Operations

Saudi Basic Industries Corp (SABIC) started commercial operations for polybutadiene industrial rubber part of its  Al-Jubail Petrochemical Company (KEMYA) joint venture with a unit of Exxon Mobil, Reuters reported. Th...

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