Middle East | Egypt Oil & Gas - Part 10
Oman Completed 80% of Gas Project
BP Oman announced that phase one of its massive Khazzan natural gas project, which is located in an undeveloped desert site 350km south of Muscat, is 80% complete. The project is expected to deliver first gas near the...
Libya Grew Oil Output to 580,000b/d
Libya’s Prime Minister, Fayez Al-Serraj, said that Libya’s oil production has reach 580,000 to 600,000b/d, with the aim of reaching 950,000b/d by the end of the year. While officials are negotiating with w...
PGSR to Start Operations in 2017
Iran will inaugurate Persian Gulf Star refinery (PGSR) that is meant to process the condensate from South Pars in Asaluyeh. The National Iranian Oil Refining and Distribution Company’s (NIORDC) managing director...
Es Sider To Resume Oil Exports
Libya’s Es Sider is to resume exports with its first cargo since force majeure was declared on loadings from the port in December 2014. The cargo will be potentially lifted by Libya’s National Oil Corporat...
KEMYA Started Commercial Operations
Saudi Basic Industries Corp (SABIC) started commercial operations for polybutadiene industrial rubber part of its Al-Jubail Petrochemical Company (KEMYA) joint venture with a unit of Exxon Mobil, Reuters reported. Th...
Zion Oil to Drill Oil Well in Israel
Zion Oil & Gas is moving closer to starting drilling operations in Northern Israel as it compiles with two key conditions set by Israel’s Petroleum Commissioner, World Oil Reported. Zion’s CEO, Victor G. Carrillo,...
Sonatrach, Maersk Signed Upstream MoU
The Algerian sate owned company, Sonatrach, signed a memorandum of understanding (MoU) with Danish Maersk to establish a framework suitable for prospecting new opportunities between the two companies in upstream proje...
Japan to Import Iranian Oil
Japanese traders, including Marubeni Corp and Sumitomo Corp, are looking to resume imports of Iranian oil, potentially by the end of 2016, Reuters reported. Conservative Japanese firms have so far held off taking Iran...
