Korea | Egypt Oil & Gas

Aramco, Korean Entities Sign Ten Agreements at Saudi-Korean Investment Forum

The Saudi Arabian Oil Company (Aramco) announced that it has signed an agreement in addition to nine Memoranda of Understanding (MoUs) with major Korean entities aiming to advance its downstream strategy and devel ...

QP, KOGAS Ink 20-year SPA for LNG Supply

Qatar Petroleum (QP) has signed a 20-year Sale and Purchase Agreement (SPA) with Korea Gas Corporation (KOGAS) to supply 2 million tons of liquified natural gas (LNG) per year (mmt/y) to the Republic of Korea.

Saudi Aramco, Samsung Ink Gas Deal

The project is known as Aramco Hawiyah Unayzah Gas Reservoir Storage (HUGRS), located 260 kilometers (km) east of Saudi Arabia's capital Riyadh. The area includes a gas injection facility of 1,500 million standard ...

KNOC to Boost Investments in Egypt

The Korea National Oil Corporation (KNOC) Chairman, Suyeong Yang stated that the company aims to expand its investments in Egypt to strengthen the bilateral relationship between the two countries, as well as for t ...

S. Korea to Invest $27b in Omani Downstream Projects

South Korean companies will participate in Oman's large-scale energy and infrastructure projects worth over $27b.

Saudi Arabia Signs $900m KEXIM-Backed Loan for Power Plant

Saudi Electricity Co (SEC) signed a $900m loan agreement with the Export-Import Bank of Korea (KEXIM) among other international lenders, to help finance the construction of a 2,640MW power plant in Shuqaiq.

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