Natural Gas | Egypt Oil & Gas - Part 50

Aramco Awards Saipem $3.5 B Gas Contracts

Saudi Aramco and Italy’s oil contractor, Saipem, signed two contracts at $3.5 billion for natural gas, Reuters reported.

Iran, CNPC Disagree Over South Pars Field

Iran has denied a request by China National Petroleum Corporation (CNPC) to suspend work on Phase 11 of the South Pars gas project.

Chariot Expects Strong Returns from Morocco’s Fields

'Strong returns, significant cash flow and alternative strategy to high risk are expected from the Anchois gas discovery, Proactive investors reported.

El Sisi Approves Egypt-Cyprus Gas Pipeline

Presidential decree number 537 for the year 2019 was issued on July 4 approving the governmental agreement between Egypt and Cyprus to establish direct natural gas subsea pipeline.

Iran, Turkmenistan Produce 63 mcm/d from Gonbadli Field

Production in the joint field has a massive role in ensuring natural gas supplies to Iran.

Eni Extends Trans-Tunisian Pipeline Deal to 2029

The deal extends Eni's management of the trans-Tunisian gas pipeline to transport Algerian natural gas to Italy through Tunisia for another 10 years.

Egypt Records First Hydrocarbon Trade Surplus in 5 Years: CBE

Petroleum exports amounted to $3.2 billion while imports stood at $2.4 billion during Q4 2018.

Enel, Sonatrach to Extend Gas Supply Deal

Italy’s Enel has reached an agreement with Algeria’s Sonatrach to extend the natural gas supply contract.

Oil, Gas Production Reaches 6.8 MM Tons

The total production of oil and natural gas reached 6.8 million tons during April 2019, compared to 6.1 million tons during the same month in 2018.

Town Gas to Deliver Natural Gas to 35,000 Customers

Town Gas aims to deliver natural gas to approximately 35,000 commercial customers and bakeries by the end of December 2019

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