MENA region | Egypt Oil & Gas - Part 4
Aramco Increased Oil Prices to Asia
Saudi Arabia, raised pricing for December sales of all oil grades to Asia in order to take advantage of a brief increase in demand for Middle Eastern crude, reported Bloomberg. While the state-owned, Saudi Aramco, inc...
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 provinc...
Leviathan Gas Field to Yield 12bcm/y
Partners in Israel’s Leviathan natural gas field declared that the project’s first development stage will include a capacity of 12bcm/y of gas. Further stages could include an additional 9bcm/y of gas, rep...
Kuwait Cut Fuel Premiums
Kuwait Petroleum Company (KPC) has agreed to sell gasoil and jet fuel under long-term contracts for 2017 at almost half its 2016 premiums, reported Reuters. A drop in purchases by Kuwait’s long-standing term cus...
Iran Shipped NGL to Pakistan
Iran has shipped 71,000b of natural gas liquids (NGL) to Pakistan. The shipment of heavier gas products, consisting of 51,000b of propane and 20,000b of butane, was loaded from the Sirri refinery terminal located on t...
PDO Signed $200m Supply Contract
Petroleum Development Oman (PDO) has signed a $200m pipe supply contract for four years with an Omani factory as part of its in-country value (ICV) strategy to retain more of the oil and gas industry’s wealth in the s...
ADNOC Launched its 2030 Strategy
Abu Dhabi’s Supreme Petroleum Council has approved a 2030 strategy of Abu Dhabi National Oil Company (ADNOC) which runs for five-year business plan and operational budget. The approved strategy aims to increase oil, g...
Sharjah to Start Huge Seismic Survey
Emirate Sharjah National Oil Corporation is to carry out a massive 3D surveys in the hope of finding new oil and gas reserves in which it is expected to be completed by the end of December. The seismic surveys are aim...
