Middle East | Egypt Oil & Gas - Part 10
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.
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.
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 proj ...
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.
Sonatrach Won Profit-Sharing Case
Sonatrach has won a law suit against Spanish Repsol in the International Court of Arbitration over profit sharing.
Qatar to Takeover LNG Fleet
Nakilat Shipping Qatar Limited (NQSL) has signed an agreement with Shell International Trading and Shipping to begin the planned phased transition of the management of Nakilat’s LNG fleet from Shell to NSQL.
S. Korea to Operate UAE’s Nuclear Plant
The state-run utility firm Korea Electric Power Corporation (KEPCO) agreed to invest $900m in a company operating the first nuclear power plant in the United Arab Emirates (UAE).
Pipeline Leak Delayed Qatar Gas Project
Qatar delayed the start-up of its $10B Barzan Gas project, which is a RasGas-operated joint venture between Qatar Petroleum and ExxonMobil, due to a leak in a gas pipeline. 
