Middle East | Egypt Oil & Gas - Part 3
Iran to Lead the Middle East in Pipeline Additions
Iran is expected to be a leading country in the Middle East’s oil and gas sector when it comes to new-build trunk/transmission pipeline length additions, according to the World Pipelines. The country plans to co...
KPC Offers Naphtha for Asian Companies
Kuwait Petroleum Corp. (KPC) will provide its full-range naphtha to load $16 a tonne premium to the Middle East on a free-on-board basis from December 2019 to November 2020, sources told Reuters. The company is curren...
Superior Drilling Products Establishes Middle East Partnership
Superior Drilling Products plan to enter the Middle Eastern market through a service partnership with Smith International Gulf Services (SIGS) with the intention of launching the US company’s wellbore tool in the regi...
Eni Plans to Reduce Oil Output from Libya
Eni CEO, Claudio Descalzi, announced that the Italian group plans to reduce oil production in Libya, according to the Lybia Observer. Eni’s oil production in Libya will be reduced from 320,000 barrels per day (b/d) to...
Iran, Iraq to Lead Middle East Oil Growth
The research consultancy Rystad Energy indicated that the oil field development in Iran and Iraq is expected to drive the largest production growth in the Middle East over the next four years, Break Bulk reported. Acc...
Middle East OSV Market Shows Modest Growth
The Middle East is the only region to buck the downward trend in offshore supply vessels (OSV) over the last two years, Seatrade Maritime News informed based on the IHS Markit analysis. According to Offshore Energy To...
Sonatrach Grew Crude Exports
Algeria’s Sonatrach achieved record high crude oil exports in October of 2.77m tons of oil equivalent, as opposed to the company’s usual monthly export volumes of 1.9m to 2m tons of crude oil per month, Reuters ...
Iran to Build Gas Condensate Refinery
Iran’s Ghadir Group has reached an agreement with Italian Italian Saipem and Maire Tecnimont to cooperate on building a gas condensate refinery with a 120,000b/d capacity in southern city of Shiraz at the Fars ...
