Middle East | Egypt Oil & Gas - Part 7
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 ...
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.
