joint venture | Egypt Oil & Gas - Part 2

Schlumberger Enters Digital Transformation Collaboration

Schlumberger, one of the world’s largest oilfield services companies, has announced its collaboration with IBM and Red Hat to accelerate digital transformation across the oil and gas industry.

Ofinitiv Cancels JV with PetroChina

One of the largest independent producers of crude oil and condensate in North America, Ovintiv Canada ULC, has finalized an agreement with PetroChina Canada (PCC) to terminate the parties' joint venture (JV) and t ...

Total, Indian Oil Form JV to Manufacture Bitumen 

French energy company, Total, and India’s largest refiner and marketer of petroleum products, Indian Oil Corporation, has announced the formation of a 50:50 Joint Venture (JV) company that will manufacture and mar ...

Zenith Energy Applies for Second Oil Production Asset in Congo

Zenith Energy has entered into a joint venture with a local Congolese oil company for the potential acquisition of an onshore oil production license in Talipai.

SABIC, ExxonMobil to Construct Petrochemical Plant in Texas

SABIC and ExxonMobil will jointly construct a petrochemical facility, including a 1.8 million metric ton ethane steam cracker in Texas.

Iraq, China Joint Venture Deal by November

Iraq’s state oil marketer SOMO is closing in on a deal with China’s state-run Zhenhua Oil for a joint venture to help boost Iraqi oil sales to China, the world’s top oil importer.

Iraq’s WTE Wajdi Group, SPX to Start JV

SPX , which is a global supplier of flow components, process equipment and is willing to start a joint venture with the Al Wajdi Group (WTE) to deliver service rotating and static equipment for industrial and power ...

Echo Energy Sells Stake to Partner Nostra Terra

Echo Energy has sold its 25% interest in Egyptian East Ghazalat licence to its joint venture partner, Nostra Terra.

EnerMech, Khudairi Group Launch JV in Iraq

The joint venture targets both the re-emerging oil and gas and large infrastructure sectors.

Bilfinger’s Omani JV Wins PDO Extension Contract

Germany-based Bilfinger said its Oman joint venture (JV) has won an extension of its contract to provide engineering and maintenance services to oil and gas company Petroleum Development Oman (PDO).

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