JV | Egypt Oil & Gas

NORPETCO Produces 12,700 b/d, Invests $91.4 Mn in FY 2025/26

North Bahariya Petroleum Company (NORPETCO), an Egyptian oil exploration and production company, drilled 13 wells and produced production of 12,700 barrels per day (b/d), while carrying out $91.4 million in operationa...

Aramco, Maaden to Form JV for Mineral Exploration in Saudi Arabia

Aramco, one of the world’s leading integrated energy and chemicals companies, and Maaden, one of the world’s fastest‑growing mining companies, have signed a shareholders’ agreement to establish a joint venture (JV) fo...

KOC Signs $16 Bn Pipeline Lease Deal

Kuwait Oil Company (KOC), a subsidiary of Kuwait Petroleum Corporation (KPC), has signed a $16 billion lease-and-leaseback agreement covering its domestic and export crude oil pipeline network with a consortium led by...

bp Signs Deal to Transfer Most Venture Investments to Verdane

British Petroleum (bp) has reached an agreement with investment firm Verdane to divest bp Ventures’ minority stakes in more than 10 portfolio companies, marking another step in the energy company’s efforts to streamli...

Egypt, Jordan Explore Phosphate, Green Hydrogen Cooperation

Minister of Petroleum and Mineral Resources Karim Badawi held talks with the  Jordanian  Minister of Energy and Mineral Resources Saleh Kharabsheh in Amman to strengthen bilateral cooperation in energy, natural gas, a...

Eni, NOC Bring Sabratha Compression Project Online to Boost Libya’s Gas Production

The energy major, Eni, in partnership with Libya’s National Oil Corporation (NOC) through the Mellitah Oil & Gas joint venture (JV), has started hydrocarbon production from the Sabratha Compression Project, ...

TotalEnergies, Masdar Launch $2.2 Bn Asia Renewables JV

TotalEnergies, the integrated multi-energy company, and Abu Dhabi Future Energy Company (Masdar), the UAE-based global renewable energy company, signed a binding agreement to establish a 50/50 joint venture (JV) with ...

Atlantic Sea LNG Seeks Massive US LNG Deal to Fuel Southern Europe

Atlantic Sea LNG Trade, a joint venture between Greece’s DEPA Commercial and Aktor Group, is negotiating to secure up to 15 billion cubic meters (bcm) of US liquefied natural gas (LNG) annually. The proposed 20-year a...

Bahrain’s Bapco,TotalEnergies Launch Trading JV

TotalEnergies and Bahrain’s state energy company Bapco Energies have announced the launch of BxT Trading, a new equally owned joint venture designed to strengthen Bahrain’s position in global oil markets. The venture ...

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....

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