MENA region | Egypt Oil & Gas - Part 6
Kuwait, Bahrain to Build Aromatic Plant
Kuwait’s Petrochemical Industries Company (PIC) signed a deal with Bahrain’s National Oil and Gas Authority (NOGA) to build a joint aromatics factory in the Kingdom, reported KUNA. PIC’s CEO, Mohammad Al-Farhoud, said...
Iran to Export 2.5mb/d of Crude
The National Iranian Oil Company’s (NIOC) Managing Director, Ali Kardor, said that Iran’s exports of crude oil are expected reach 2.5mb/d by the end of the Iranian fiscal year, which concludes on March 20,...
Hyundai to Build Gas Plant in Saudi Arabia
Oil giant Saudi Aramco has awarded Hyundai Engineering and Construction with $727m contract to build a gas facility at Uthmaniyah plant. The South Korean company expects to complete project by the end of 2019, report...
Aramco, Petronas to Partner on Petchem Complex
Saudi Aramco is to receive an investment offer from Petronas by December 2016. The Malaysian company showed interest in its $21b refining and petrochemicals project located in Pengerang, Johor. The offer will include...
Jereh to Boost Algerian Gas Output
The Jereh Group, a Chinese oil field services company and manufacturer of oilfield equipment, has announced that five sets of its 1253kW gas engine-driven compressor units have been shipped to Algeria, reported Trade ...
Kuwait Produces Solar Power
Kuwait began operating its first solar power plant at the Umm Gudair oil field. The Sidrah 500 project is worth $99m and is expected to produce 10MW of electricity, reported Reuters. Half of the project’s power ...
Libya Produced 670,000b/d of Oil
The head of the media office of the Tripoli-based National Oil Corporation (NOC), Mohammed Al-Maghribi, announced in a statement that Libya has experienced a remarkable increase in oil production hitting 670,000b/d. T...
Iran to Renovate Oil Terminals
Iran Oil Terminals Company’s (IOTC), Managing Director, Seyyed Pirouz Mousavi, declared that the Iranian company is in negotiation with a Dutch firm to renovate and develop Iran’s oil terminals infrastruct...
