LNG | Egypt Oil & Gas - Part 2

Iraq Signs $450 Million Deal with Excelerate to Build First LNG Regasification Unit

Iraq has signed a $450 million investment agreement with US-based Excelerate Energy to construct the country’s first floating storage and regasification unit (FSRU) at the port of Khor al-Zubair, officials told Re ...

MEES: Cronos Gas to be Transmitted to Damietta via Zohr Line Skipping National Grid

Egypt and Cyprus have sealed a set of landmark commercial agreements, marking a decisive step toward the project’s Final Investment Decision (FID), which is expected in the next few months. The deals allow natural ...

U.S, EU Tighten Pressure on Russia with Oil, LNG Sanctions

U.S. President Donald Trump announced on Wednesday Ukraine-related sanctions for the first time in his second term, blacklisting Russian oil major companies Lukoil and Rosneft amid growing frustration with Preside ...

Egypt Exports LNG to Italy from Idku Liquefication Plant

Egypt has exported  155,000 cubic meters of liquefied natural gas (LNG) from its liquefaction plant in Idku to Italy. The exported gas was carried onboard the New NATURE tanker operated by Shell Interrnational. 

Eni Develops Coral North FLNG Project Offshore Mozambique

Eni and its partners China National Petroleum Corporation (CNPC), ENH, Kogas, and XRG have announced the Final Investment Decision (FID) for the Coral North Floating Liquefied Natural Gas (FLNG) project, located o ...

Egypt, Petronas Deepen Natural Gas Partnership

To Maximize Economic Benefits, Karim Badwai, Minister of Petroleum and Mineral Resources met with Abang Yusuf, Senior Vice President of LNG Assets at Malaysian Petronas, and his accompanying delegation to discuss ...

TotalEnergies Acquires 49% Stake in US Natural Gas Company

TotalEnergies, a global integrated energy company, has entered an agreement with Continental Resources, a major American Petroleum and gas company, to acquire a 49% stake in natural gas assets operated by Continen ...

Norway’s Askeladd Vest Field Starts Production, Enhancing LNG Supply to Europe

Equinor revealed that production has begun at the Askeladd Vest subsea field in the Barents Sea, marking a boost to long-term gas supplies for Norway’s Melkøya liquefied natural gas (LNG) plant. The development, w ...

Badawi Reviews Progress on Cypriot–Egypt Gas Link in Nicosia

During his recent visit to Cyprus, Karim Badawi, the Minister of Petroleum and Mineral Resources, reviewed the progress of joint efforts to link Cypriot gas fields with Egypt’s infrastructure, and stressed the nee ...

ADNOC to Provide IndianOil with LNG from Ruwais Project

ADNOC inked a 15-year Sales and Purchase Agreement (SPA) agreement with the Indian Oil Corporation Ltd (IndianOil), India’s leading integrated energy player, to deliver 1 million tons of liquefied natural gas (LNG ...

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