Middle East | Egypt Oil & Gas - Part 6
ADNOC Launched its 2030 Strategy
Abu Dhabi’s Supreme Petroleum Council has approved a 2030 strategy of Abu Dhabi National Oil Company (ADNOC) which runs for five-year business plan and operational budget.
Sharjah to Start Huge Seismic Survey
Sharjah National Oil Corporation is to carry out a massive 3D surveys in the hope of finding new oil and gas reserves in which it is expected to be completed by the end of December.
Iran Earned $80m in Oil Exports
Iran crude oil exports have reached 2.44mb/d which marks a new record. Accordingly Iran is receiving above $80m in direct payments every day as a result its exports to international markets.
Iran to Expand LNG Facilities
Iran plans to establish a floating LNG units with 10mt in annual production capacity and building smaller LNG production units which has been put on the agenda within mini-LNG and FLNG projects.
Seoul to Invest $27b in Oman Energy
Oman agreed to allow South Korean companies to participate in the country's large-scale energy and infrastructure projects, which are estimated to a total cost of $27.1b.
EBRD Funded Wind Farm in Jordan
The European Bank for Reconstruction and Development (EBRD) is providing a $70m loan to Green Watts Renewable Energy to help build the 86MW Al Rajef wind farm in southern Jordan.
GAS, Fluid Components Formed Saudi JV
Saudi Arabia’s GAS Arabian Services (GAS) will establish a joint venture with US-based Fluid Components International (FCI) in the Arabic kingdom.
Iran to Develop 4 Oil Fields
The National Iranian South Oil Company will develop four oilfields, Parsi, Karanj, Rag Sefid, and Shadgan, which include nine reserves, in accordance with its new contract model which is expected to extend up to five ...
