Middle East | Egypt Oil & Gas - Part 12
Aramco, Turkey Signed MoUs
Saudi oil giant Aramco signed memoranda of understanding (MoU) with 18 Turkish firms in different sectors such as construction, power generation and related services.
India Imported 4% Less Oil from Iran
India imported about 552,200b/d of oil from Iran during September, a 4% drop from August volumes, when the country's Iranian imports reached a 15-year high.
Kuwait to Form Large Petchem Firm
Kuwait approved a request from Kuwait Petroleum Corporation (KPC) to set a subsidiary under the name Kuwait Integrated Petrochemical Industries Company (KIPIC) with an estimated capital of about $5.94b
Sonatrach Awarded $1.4b to JGC
Algeria's state energy company Sonatrach has awarded Japanese firm JGC Corp. a $1.4b contract to boost production at its largest gas field Hassi Rmel.
Lukoil to Boost Iraq’s Oil Output
Lukeoil submitted a request to the Iraqi authorities to amend the servicing contract for the West Qurna-2 oilfield which is located in southern Iraq, 65km Northwest of Basra
Aramco to Launch IPO in 2018
Saudi Aramco's initial public offering (IPO) would be more suitable during 2018 when oil prices would have recovered and the market conditions improved.
Turkey, Russia Signed Pipeline Deal
The Russian Energy Minister, Alexander Novak, and his Turkish counterpart, Berat Albayrak, signed a bilateral agreement in order to build the TurkStream undersea gas pipeline.
Korea to Boost Tunisia’s Solar Power by 50MW
The Tunisian Electricity and Gas Company (STEG) agreed with the Korea International Cooperation Agency (KOICA) to carryout the feasibility study for the installation of five photovoltaic (PV) solar power plants in So ...
