MENA region | Egypt Oil & Gas - Part 9
Morocco Got $38m towards Sustainable Energy
The European Bank for Reconstruction and Development (EBRD), Agence Française de Development (AFD), and the European Investment Bank (EIB) will provide $38m financing facility to Banque marocaine du commerce extérieur...
OPEC Produced 33.64mb/d of Crude in September
Crude oil output in OPEC reached a new record of 33.64mb/d during September, causing crude oil prices to drop back down after reaching a 12-month high of above $53 per barrel as a result of reports that OPEC had agree...
ACWA To Build Wind Power Plant In Turkey
Saudi Arabia-based power and water project developer (ACWA) Power will build a 340MW wind power plant in Turkey, Hurriyet Daily News reported. ACWA is currently building a 950MW gas power plant near the capital Ankara...
Iran to Start Global Tenders
Iran’s Deputy Oil Minister, Ali Kardor, announced that Iran will invite foreign companies to bid for oil and gas projects in the country’s first round of tenders since sanctions were lifted in January, rep...
Libya to Produce 900,000b/d of Oil
The Libyan National Oil Corporation’s (NOC) Chairman, Mustafa Sanallah, said that Libya’s oil production had passed 554,000b/d and was on track to hit the 900,000b/d mark by the end of 2016, Bloomberg repo...
Oman Produced 30mb of Oil in September
Oman’s crude oil production marginally fell by 0.92 % in September to 30.1m barrels, with a total of 24.95m barrels exported from the Sultanate, the equivalent of 831,743b/d. This shows a 0.15% increase in Exports whe...
Kuwait Proceeds with Clean Fuels
The state owned Kuwait National Petroleum Company (KNPC) expects to finalize a loan of well over $5b to finance its clean fuels project (CFP) by the end of the first quarter of 2017, reported Reuters. CFP involves the...
Turkey, TRNC Signed Energy Protocol
Turkish Republic of Northern Cyprus’s (TRNC) Economy and Energy Minister, Sunat Atun, stated that Turkey and TRNC have signed energy protocol that foresees the construction of an undersea electricity cable link ...
