JV | Egypt Oil & Gas

XRG, bp Complete Deal to Establish New JV Operating in Egypt

XRG and bp announced they have reached financial close and completed formation of their new joint venture (JV) and international natural gas platform – Arcius Energy.

Arcius Energy, initially to operate in ...

Eni, Snam Kick Off Italy’s First CCS Project

Eni and Snam announced that launch of Ravenna project, the first carbon capture transport and permanent storage of CO₂ in Italy created for exclusively environmental purposes. This came within the framework of the ...

Petrojet, Sonatrach Join Forces to Explore JV Opportunities in Algeria

Petrojet has inked an MoU with Sonatrach to explore the feasibility of establishing a joint venture (JV).

Shell Egypt Names New Managing Director for JV Rashpetco

Shell Egypt has announced that Khaled Gad has been selected as the new General Manager and Managing Director of the Joint venture Rashpetco effective 1st June 2024.

ADNOC, bp Forge Joint Venture to Advance Gas Asset Development in Egypt

ADNOC and bp have just announced that they have agreed to form a new joint venture (JV) for developing natural gas facilities in Egypt.

ENAP Sipetrol Announces Success of Petroshahd in Second Surveillance Audit of ISO 14001 & 45001

Enap Sipetrol Egypt has announced that its joint venture (JV) Petroshahd Company successfully passed the surveillance audit for its Integrated Management system according to ISO 14001:2015 (Environmental Managemen ...

Aramco, Baosteel, PIF Ink JV to Establish First Integrated Steel Plate Manufacturing Complex in Saudi Arabia

Aramco, Baoshan Iron & Steel Co., Ltd. (Baosteel), and the Public Investment Fund (PIF) have inked a joint venture (JV) to establish an integrated steel plate manufacturing complex in the Kingdom of Saudi Arabia.

Eni, Snam Establish JV to Develop the First CCS Project in Italy

Eni Chief Executive Officer Claudio Descalzi and Snam Chief Executive Officer Stefano Venier inked an equal joint venture (JV) agreement to develop and manage Phase 1 of the Ravenna Carbon Capture and Storage (CCS ...

Chevron, Baseload Capital Announce JV to Explore Geothermal Development Opportunities

Chevron Corporation, through its Chevron New Energies business, and Baseload Capital have declared a joint venture (JV) to develop geothermal projects in the United States. The two businesses will work together to ...

Eni’s Vår Energi Awarded 10 E&P Licenses in Norway

Vår Energi, owned both by Eni and by HitecVision, has been awarded new ten exploration licenses in Norway offered through “Awards in Predefined Areas 2021” (APA) by the Norwegian Ministry of Petroleum and Energy.

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