MENA region | Egypt Oil & Gas - Part 11

Sonatrach Awarded $1.4b to JGC

Sonatrach, Algeria’s state energy company, has awarded Japanese firm JGC Corporate a $1.4b contract to boost production at its largest gas field Hassi Rmel, Africa News reported. The engineering, procurement and...

Lukoil to Boost Iraq’s Oil Output

Lukeoil, one of Russia’s biggest oil producer, submitted a request to the Iraqi authorities to amend the servicing contract for the West Qurna-2 oilfield which is located in southern Iraq, 65km Northwest of Basr...

Aramco to Launch IPO in 2018

Saudi Aramco’s CEO, Amin Nasser, stated that company’s initial public offering (IPO) would be more suitable during 2018 when oil prices would have recovered and the market conditions improved, reported Reu...

Turkey, Russia Signed Pipeline Deal

The Russian Energy Minister, Alexander Novak, and his Turkish counterpart, Berat Albayrak, signed a bilateral agreement in order to build the TurkStream undersea gas pipeline. The agreement came  while the Russian Pre...

Korea to Boost Tunisia’s Solar Power by 50MW

The Tunisian Electricity and Gas Company (STEG) agreed with the Korea International Cooperation Agency (KOICA) to carryout the feasibility study for the installation of five photovoltaic (PV) solar power plants in Sou...

Iraq, Iran To Miss Istanbul OPEC Talks

The oil ministers of Iran and Iraq will not attend informal talks between member’s of the Organization of the Petroleum Exporting Countries (OPEC) in Turkey during October, Reuters reported. OPEC agreed late Sep...

Sound Energy Drilled 2nd Well at Tendara

Sound Energy Plc, the oil and gas exploration and production company, announced that it has completed drilling of its second gas well TE-7 at Tendara, Morocco. The company expects the first commercial gas from the pro...

Russia to Develop Iranian Oil Field

The Russian vertically integrated oil and gas company, Tatneft, and the National Iranian Oil Company (NIOC) signed a preliminary agreement to cooperate on the development of the Dehloran oil field which is located 120...

Qatar to Export LNG to Pakistan

Qatargas, signed a 20-year Liquefied Natural Gas (LNG) sale and purchase agreement (SPA) with Pakistan based Global Energy Infrastructure Limited (GEIL). The first cargo is expected to be delivered to Pakistan in 2018...

Shell, Iran Signed Petchem MoU

The Anglo-Dutch multinational oil and gas company, Shell signed a preliminary memorandum of understanding (MoU) with Iran’s National Petrochemical Company in order to cooperate in the petrochemical industry. The...

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