joint ventures | Egypt Oil & Gas
Equinor Cancels All Joint Ventures in Russia
Equinor has decided to exit its joint ventures and has halted all of its investments in Russia, in addition to stopping the trade of Russian oil and gas products. The company also announced an impairment loss of $1.0...
Nigeria Seeks $16.4b through Asset Sales
Nigeria’s Federal Government plans to generate up to $16.4b through asset sales in the next four years to reduce the burden on the nation’s budget, All Africa informed. According to Bloomberg, the sales will hel...
Russia to Invest $20b in Venezuelan Oil
Russian energy giant Rosneft’s CEO, Igor Sechin, met with the President of Petroleos de Venezuela, S.A. (PDVSA), Eulogio Del Pinothe, and the leadership of the country to discuss four cooperation agreements wort...
Aramco Targets Downstream Sector in Privatization Bid
Saudi Aramco’s publicized plans to sell its shares on the open market are expected to target the downstream sector exclusively, well-informed sources told Reuters. According to the initial announcements, no stak...
Iran Lays Limits on Domestic Ownership of Post-Sanction Ventures
Seyed Mehdi Hosseini, chairman of the Iranian Oil Ministry’s Oil Contract Restructuring Committee, told the Financial Times that domestic companies should be entitled to a minimum 20% share of any joint venture projec...
Oman Financing Gas and Oil Cooperation with Iran
Iran and Oman have signed an agreement to study an undersea gas pipeline said Alireza Kameli National Iranian Gas Exports Company (NIGEC), reported Press TV. “Gas exports to Oman and entry into its retail market will ...
Promotions and Transfers within the Industry
The Ministry of Petroleum and Mineral Resources approved the following list of promotions within State-owned companies: Alaa Al-Batal is now General Manager for Exploration at Qarun, promoted General Manager for Explo...Page 1 of 1
