Middle East | Egypt Oil & Gas - Part 7
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 ...
Shell, Vitol to Store Iraqi Crude at Fujairah
Royal Dutch Shell and Vitol are stepping up their operations in the port of Fujairah to store Iraqi crude as production from the OPEC member rises.
Aramco, Nabros Formed Drilling Partnership
Saudi Aramco signed an agreement to form a new joint venture (JV) in Saudi Arabia to manage and operate onshore drilling rigs with the Anglo Energy company, Nabors.
QP, ExxonMobil Formed Ocean LNG
Qatar Petroleum (QP) announced the establishment of Ocean LNG Limited, which is a joint venture (JV) with ExxonMobil. The newly established company's core business will be marketing future LNG supply portfolio source ...
Blast Damaged Iran-Turkey Gas Pipeline
National Iranian Gas Company's (NIGC) spokespersons, Majid Bojarzadeh, said that Ankara had informed Tehran of a problem in the pipeline that carries Iranian gas to Turkey. This has resulted in a halt in gas supply.
Kuwait, Bahrain to Build Aromatic Plant
Kuwait’s Petrochemical Industries Company (PIC) signed a deal with Bahrain’s National Oil and Gas Authority (NOGA) to build a joint aromatics factory in the Kingdom.
Iran to Export 2.5mb/d of Crude
Iran's exports of crude oil are expected reach 2.5mb/d by the end of the Iranian fiscal year, which concludes on March 20.
