Middle East | Egypt Oil & Gas - Part 6
Sonatrach to Upgrade Oil Refinery
Sonatrach awarded the China Petroleum Engineering and Construction Corporation (CPECC) a $410m contract to renovate and upgrade an oil refinery near the capital, Algiers.
Oman to Invest $1.8b in Petchem
The state-owned Oman Oil Company (OOC), the national petroleum investment company, plans to progress the implementation of three strategically petrochemical ventures by 2017. The total investment worth $1.81b.
Aramco Increased Oil Prices to Asia
Saudi Arabia, raised pricing for December sales of all oil grades to Asia in order to take advantage of a brief increase in demand for Middle Eastern crude.
Iran, Poland Signed MoU
The National Iranian Oil Company (NIOC) and Polish state owned PGNiG, signed a memorandum of understanding (MoU), accordingly PGNiG will conduct primary studies on Iran’s Sumar oil field in the Iranian western provin ...
Leviathan Gas Field to Yield 12bcm/y
Partners in Israel's Leviathan natural gas field declared that the project's first development stage will include a capacity of 12bcm/y of gas. Further stages could include an additional 9bcm/y of gas.
Kuwait Cut Fuel Premiums
Kuwait Petroleum Company (KPC) has agreed to sell gasoil and jet fuel under long-term contracts for 2017 at almost half its 2016 premiums.
Iran Shipped NGL to Pakistan
Iran has shipped 71,000b of natural gas liquids (NGL) to Pakistan. The shipment of heavier gas products was loaded from the Sirri refinery terminal located on the Persian gulf island
PDO Signed $200m Supply Contract
Petroleum Development Oman (PDO) has signed a $200m pipe supply contract for four years with an Omani factory as part of its in-country value (ICV) strategy.
