Lukoil, Gazprom Ink Master Agreement on Field Development

• Tuesday, 22nd December 2020
• by Editorial Team

Lukoil and Gazprom signed a Master Agreement to develop Vaneyvisskoye and Layavozhskoye fields in the Nenets region, Russia.

ADNOC, ExxonMobil Sign Technology R&D Agreement

• Sunday, 13th December 2020
• by Editorial Team

The Abu Dhabi National Oil Company (ADNOC) has signed with ExxonMobil to jointly explore technology research and development (R&D) opportunities through the upstream oil and gas value chain.

ADNOC Launches AGT for Trading Refined Products

• Thursday, 10th December 2020
• by Fatma Ahmed

The Abu Dhabi National Oil Company (ADNOC) announced the official launch of its second trading arm ADNOC Global Trading (AGT), a joint venture (JV) between ADNOC, Eni and OMV, with shares of 65%, 20% and 15% respe ...

TransGlobe Reaches Agreement with EGPC to Merge Eastern Desert Concessions 

• Sunday, 6th December 2020
• by Editorial Team

TransGlobe reached an agreement with the Egyptian General Petroleum Corporation (EGPC) to merge the company’s three existing Eastern Desert concessions into a new modernized concession agreement.

Farm-out of Transkei, Algoa to Shell 

• Thursday, 5th November 2020
• by Editorial Team

Impact Oil & Gas Limited (Impact), an African-focused exploration company, has agreed to farm-out a 50% working interest and operatorship in the Transkei & Algoa exploration block to BG International Limited, a wh ...

Saudi Drill, EcoDem Sign JV Agreement

• Wednesday, 11th March 2020
• by Fatma Ahmed

EcoDem, an Italian provider of environmental services, has signed a joint venture (JV) agreement with Saudi Drill Company to provide solutions and services in Saudi Arabia.

ENOC Group, Proserv to Establish ENOC Misr JV

• Tuesday, 19th February 2019
• by Sarah Samir

ENOC Group signed a JV agreement with Proserv Egypt in order to establish ENOC Misr, ENOC Group's first on-ground operations in Egypt's lubricants sector.

Misr Petroleum, Petronas to Establish New JV

• Monday, 17th December 2018
• by Sarah Samir

Misr Petroleum Company and Petronas are preparing to launch a new joint venture (JV) for producing high quality lubricants and exporting them during Q1 2019.

Saudi Arabia Unveils Offshore Facility

• Thursday, 1st June 2017
• by Sarah Samir

Saudi Arabia announced establishing a joint venture to establish a joint partnership to build a maritime yard off the eastern coast of Saudi Arabia.

Egypt, Siemens Establish JV to Boost Oil Output

• Sunday, 23rd April 2017
• by Sarah Samir

The Egyptian Electricity Holding and the Egyptian Maintenance Company for Petroleum Services will establish a joint venture with Germany's Siemens to increase oil production through boosting the number of generators ...