memorandum of understanding (MOU)

Petrojet, Bilfinger ME Sign Engineering Master Service Agreement

Petrojet and Bilfinger Tebodin Middle East in Egypt has signed an engineering master service agreement valued at $1 million.

Iran, Russia Ink Energy Cooperation MoU

Iran and Russia have signed a memorandum of understanding (MoU) to increase cooperation in the energy sector.

Aramco, Total, Daelim to Build Polyisobutylene Facility

Saudi Aramco and Total signed a Memorandum of Understanding (MoU) with Daelim, South-Korean petrochemical company, on January 31 to build Polyisobutylene facility.

Arab Countries Agree on Joint Electricity Market

Energy ministers of 14 Arab countries signed a memorandum of understanding (MoU) to establish a joint Arab electricity market.

Iraq, Jordan Agree on Oil Pipeline Project

Iraq and Jordan agreed on the development of a $5.6b oil pipeline. The project's preparations and procedures are expected to be completed within the next two months.

Shell to Develop Iranian Oil, Gas Fields

Royal Dutch Shell has signed a provisional agreement to develop oil and gas fields in Iran, namely the Azadegan and Yadavaran oil fields near the Iraqi border, and the Kish gas deposit in the Persian Gulf.

Nigeria, GE Sign Solar Power Plant MoU

The Northern States Governors’ Forum and the General Electric (GE) International signed a memorandum of understanding (MoU) for the construction of five solar plants, which would generate 500MW of electricity in some ...

S&P Platts to Distribute FOIZ Storage Data

The Fujairah Oil Industry Zone (FOIZ), has signed a memorandum of understanding (MoU) with the independent data agency, S&P Global Platts, to distribute weekly inventory storage data starting 2017.

Iran, Poland Signed MoU

The National Iranian Oil Company (NIOC) and Polish state owned PGNiG, signed a memorandum of understanding (MoU), accordingly PGNiG will conduct primary studies on Iran’s Sumar oil field in the Iranian western provin ...

Iran, Total to Sign $2b Petchem Deal

Iran and France's Total will finalize a $2b petrochemical project deal by March 2017.

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