Middle East | Egypt Oil & Gas - Part 7

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.

Hyundai to Build Gas Plant in Saudi Arabia

Oil giant Saudi Aramco has awarded Hyundai Engineering and Construction with $727m contract to build a gas facility at Uthmaniyah plant.

Aramco, Petronas to Partner on Petchem Complex

Saudi Aramco is to receive an investment offer from Petronas by December 2016. The Malaysian company showed interest in its $21b refining and petrochemicals project located in Pengerang, Johor.

Jereh to Boost Algerian Gas Output

The Jereh Group, which is a Chinese oil field services company and manufacturer of oilfield equipment, has announced that five sets of its 1253kW gas engine-driven compressor units have been shipped to Algeria.

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