MENA region | Egypt Oil & Gas - Part 3
Total to Develop Iran’s South Pars field
Total’s Head of Middle East Exploration and Production, Stephane Michel, said that the company signed memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) to develop a major offshore gas fie...
Bahrain, Eni to Study E&P Potentials
State Bahrain Petroleum Company (Bapco), Tatweer Petroleum, and the Italian Giant Eni have signed four agreements in order to study and assess the potential of some exploration and production (E&P) assets in the B...
BP Extended Omani Gas EPSA
BP and Oman Oil Company Exploration and Production signed an agreement with the government of the Sultanate of Oman amending the Oman Block 61 exploration and production sharing agreement (EPSA) to extend the license ...
Morocco Issued $118 Green Bond
The Moroccan Agency for Solar Energy (Masen) has issued Morocco’s first green bond to help to finance the country’s development of solar power. The $118m bond will fund three schemes that form part of the ...
Iran, Finland to Cooperate in Power Generation
The Industrial Development and Renovation Organization of Iran (IDRO) has signed a memorandum of understanding (MoU) with Finland’s Wärtsilä. The signature came in purpose of cooperating on the development of d...
KOC, Weir Oil&Gas Signed $12m Deal
Khuff Trading and Contracting has signed an agreement with Kuwait Oil Company (KOC) for the purchase of 295 Seaboard™ wellheads, worth about $12m, reported Weir’s website. Under the terms of the agreement, Khuff...
Kuwait Invested $4.8b in Oil, Gas
During the third quarter of 2016, Kuwait awarded a total of $12b worth of contracts, 42% of which are in the country’s oil and gas sector at about $4.8b in investments, reported Gulf Digital News. Investments ...
Iran, Armenia Signed Gas MoU
Iran’s National Gas Export Company and Armenia’s Energoimpeks signed a memorandum of understanding (MoU) for the transit, sale, and purchase of gas. The final agreement will be submitted soon for the final approval by...
