Middle East | Egypt Oil & Gas - Part 5
ACWA Setup New Renewable Firm
Saudi Arabia-based ACWA Power is set to launch a new company to capitalize on the rapidly growing market potential for renewable energy in emerging markets. The newly established company named Acwa Power RenewCo.
Total to Develop Iran’s South Pars field
French Total signed memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) to develop a major offshore gas field under a 20-year contract worth $4.8b.
Bahrain, Eni to Study E&P Potentials
State Bahrain Petroleum Company (Bapco), Tatweer Petroleum, and the Italian Giant Eni have signed four agreements in order to study and assess the potential of some exploration and production assets in the Bahrain.
BP Extended Omani Gas EPSA
BP and Oman Oil Company Exploration and Production signed an agreement with the government of the Sultanate of Oman amending the Oman Block 61 exploration and production sharing agreement (EPSA) to extend the license ...
Morocco Issued $118 Green Bond
The Moroccan Agency for Solar Energy (Masen) has issued $118m green bond to help to finance the country's development of solar power.
Iran, Finland to Cooperate in Power Generation
The Industrial Development and Renovation Organization of Iran (IDRO) has signed a memorandum of understanding (MoU) with Finland's Wärtsilä on the development of decentralized power generation in Iran.
Oman, Kuwait to Sign Refinery MoU
Oman Oil Company's (OOC) CEO will sign a memorandum of understanding (MoU) with Kuwait Petroleum Corporation (KPC) for a partnership at Oman's Duqm refinery during November. The MoU would equally combine crude oil fr ...
KOC, Weir Oil&Gas Signed $12m Deal
Khuff Trading and Contracting has signed an agreement with Kuwait Oil Company (KOC) for the purchase of 295 Seaboard wellheads, worth about $12m.
