Middle East | Egypt Oil & Gas - Part 15
Iraqi Oil Export Increased in July
Iraq’s oil exports from its southern ports rose to 3.2mb/d on average in July, up from 3.175mb/d in June, as the Arabic nation increased crude production to bring in a $3.744b in oil export revenues, Reuters rep...
Egypt Ratifies Egyptian-Saudi Nuclear Energy Agreement
The Egyptian House of Representatives’ Legislative Committee has ratified a number of agreements in different fields, wrote Daily News Egypt, including the Egyptian-Saudi nuclear energy agreement. The deal was i...
IMF Forecast Cites MENA Growth after Oil Price Recovery
The International Monetary Fund (IMF) raised its 2016 growth forecast for the Middle East and North Africa after a rebound in oil prices, informed World News Report. Along with Afghanistan and Pakistan, the MENA regio...
Canadian SNC-Lavalin Wins $800m EPC Contract in Middle East
A Montreal-based company, SNC-Lavalin, has announced that it had won a $800m engineering, procurement, and construction (EPC) contract in the Middle East, Arabian Oil and Gas reported. The contract covers a gas field ...
Oilfield Services to Expand Offshore in Middle East, Report Says
Higher E&P expenditure, financial durability of the companies and customers are likely to drive the oilfields services (OFS) market in the Middle East to record revenues worth $13.4b by 2019, said Trade Arabia, ci...
Arab-South American Summit to Discuss Trade, Oil Price
Today began the fourth summit between South American and Arab leaders in Riyadh. Representatives from 22 Arab and 12 Latin American states will meet to discuss a number of issues, including politics, security, human r...
GAC Group Gets New Mideast Head
Global shipping, logistics and marine services provider GAC Group has appointed Shanaka Fernando as the group’s new regional business development manager (Oil & Gas) for Middle East region, reported Trade Ar...
UK Solar Power Opens in Dubai
UK solar developer Hive Energy has officially opened a new Middle East regional headquarters in Dubai, UAE, reported Trade Arabia. The office will focus on developing solar PV opportunities in the region. CEO Giles Re...
