Middle East | Egypt Oil & Gas - Part 12

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 ...

Iraqi Boosted Oil Output by 5,600b/d

Kuwait Energy Plc announced that the company has brought Iraq’s Faihaa-2 well’s production online. The well is situated in the Block 9 concession, in Basra , in the country’s southern region, reporte...

Iran Shipped LPG to Indonesia

Indonesian energy giant, Pertamina, received it’s first liquefied petroleum gas (LPG) cargo, of 44,000mt, from the National Iran Oil Company (NIOC), at Kalbut Port in Indonesia, reported The Jakarta Post. NIOC a...

Shell to Invest $350m in Iran Petchem

The director of Hamedan province’s Industry and Mine Department, Hamidreza Matin, stated that Royal Dutch Shell offered the technology for Iran’s Ibn Sina Petrochemical Complex worth $350m and signed a letter of inten...

Israel, Turkey to Supply Gas to Europe

Israel’s Minister of National Infrastructure, Energy, and Water Resources, Yuval Steinitz, said that Tel Aviv and Ankara have agreed to start intergovernmental consultations on the construction of a pipeline in ...

Oman to Build Gas Extraction Plant

State-owned Oman Oil Refineries and Petroleum Industries (Orpic) will lay the foundation stone for the third part of natural gas liquids extraction station in Fahud in January.  The project is part of $6.5b-Liwa Plast...

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