oil and gas | Egypt Oil & Gas - Part 13

German Chemical Giant Heading to Post-Sanction Iran

Germany’s BASF, the world’s biggest chemical maker, has announced that it plans to return to the Iranian market.

Opito International to Upgrade Oil Skills in Oman

Opito International, a leading provider of workforce to the oil and gas industry, has won a contract with the Ministry of Oil and Gas in Oman.

Genel Still Awaiting More of Owned Money from Iraq Kurds

Genel Energy has put all exploration work on hold for this year to rein in costs, the London-listed oil producer said waits nearly $400 million in oil sales payments from the Kurdistan Regional Government (KRG).

Iran Nuke Deal-Sanctions Relief Still Pending

Iran and major powers gave themselves until Monday to reach a nuclear agreement, their third extension in two weeks, as Tehran accused the West of throwing up new stumbling blocks to a deal.

6-Year Saudi Offshore Contract Awarded to Ezra Holdings

Singapore's Ezra Holdings Limited signed a six year long term agreement (LTA) with one of the world largest national oil company, Saudi Aramco

Revolutionary Guards Prepared for Post-Sanction Bonanza

Iran's elite Revolutionary Guards have done very well out of international sanctions -- and if a nuclear deal is done in Vienna this week under which those sanctions are lifted, they are likely to do better still.

Financial Fine Tuning Called for to Ride Out Oil Price Waves

With oil prices slowly recovering from the dramatic fall last summer, chief financial officers (CFOs) working in the sector can galvanise the finance function in the fight to future-proof their business

ENOC Still Trying to Buy Out Dragon Oil Minority Shares

Asset management company Baillie Gifford, oil producer Dragon Oil's largest independent investor, said an increased takeover offer from majority owner Emirates National Oil Co (ENOC) "materially undervalued" the company.

Shell CEO Proclaims Iran a Wonderful Country with Fantastic Resources

European oil majors are for the first time openly declaring interest in Iran in anticipation of a possible end to sanctions against the country over its nuclear program.

$1.2 Mn to Link Up Iraqi Oilfields in Real-Time

Restrata, a major provider of terrestrial services in hostile and remote environments, has been awarded a $1.2 million dollar contract to deploy a new managed Internet network across six locations in Iraq.

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