JV | Egypt Oil & Gas

TotalEnergies, EPH Form €10.6 Bn JV for European Flexible Power

TotalEnergies has signed an agreement with Czech energy group Energetický a průmyslový holding (EPH) to acquire a 50% stake in its flexible power generation platform, as reported in TotalEnergies' press release. T ...

PETRONAS, Enilive, Euglena Break Ground on New Biorefinery in Johor

Pengerang, Malaysia — Engerang Biorefinery Sdn. Bhd., a joint venture (JV) between PETRONAS, Enilive S.p.A, and Euglena, a Japanese biotechnology company, has officially broken ground on its new biorefinery projec ...

Eni, PETRONAS Form Southeast Asia Upstream Venture, Targeting $15 Bn Investment

Eni and PEEni and PETRONAS have signed a binding agreement to create a new joint venture (JV) company, NewCo, which will combine their upstream operations in Indonesia and Malaysia. The agreement was signed on the ...

KarmSolar Expands to Cyprus with a 7.6 Megawatt Solar Plant

KarmSolar, Egypt’s pioneering solar energy utility, announced its official expansion into the Cypriot energy market through KarmCyprus, the company’s first international venture.

As part of this expansion, ...

Baker Hughes, Cactus Sign Agreement for JV Providing Surface Pressure Control Solutions

Baker Hughes, a leading American energy technology company, announced that it entered an agreement with Cactus Inc., a U.S.-based manufacturer of pressure control equipment, to establish a joint venture (JV) that ...

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.

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