MENA region | Egypt Oil & Gas

Sonatrach Grew Crude Exports

Algeria’s Sonatrach achieved record high crude oil exports in October of 2.77m tons of oil equivalent, as opposed to the company’s usual monthly export volumes of 1.9m to 2m tons of crude oil per month, Reuters ...

Iran to Build Gas Condensate Refinery

Iran’s Ghadir Group has reached an agreement with Italian  Italian Saipem and Maire Tecnimont to cooperate on building a gas condensate refinery with a 120,000b/d capacity in southern city of Shiraz at the Fars ...

ADFD to Inject $50m into Renewables

The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have officially launched the fifth round of funding for renewable energy projects in developing countries. The funding ro...

PTTEP to Decide on Hassi Bir Rekaiz

PTT Exploration and Production Plc’s (PTTEP) Executive Vice President for Finance and Accounting, Pannalin Mahawongtikul, declared that PTTEP is close to finalizing an investment decision towards the onshore Has...

Iran Launched Oil Fields

Iranian President, Hassan Rouhani, has officially launched the first phase of production at Yadavaran, North Yaran and North Azadegan fields in its oil-rich Khuzestan province, with a total output of more than 220,000...

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,  reported Zawya...

Algerian Gas Plant to Resume Output

The Algerian state-owned, Sonatrach, declared that the Tiguentourine gas plant will resume full production with the start of its third train before the end of 2016, after a militant attack halted operations in the fac...

Iran to Reimburse Turkey on Gas Deal

Iran ruled out a payment to Turkey of 25% economic compensation for the cut in the export of natural gas to the Eurasian country, which triggered a legal dispute, reported Prensa Latina News Agency. Since Ankara’s jud...

PetroRabigh to Halt Operations

Rabigh Refining and Petrochemical Company (PetroRabigh) announced that it will suspend the operations of its ethane cracker unit for 21 days. The suspension will start mid November, in order to complete the temporary ...

Ocean LNG to Supply CELSE

Qatar Petroleum (QP) declared that its affiliate Ocean LNG has signed a long-term deal of sale and purchase agreement (SPA)  to provide Brazil-based CELSE-Centrais Elétricas de Sergipe, with liquefied natural gas (LNG...

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