oil and gas | Egypt Oil & Gas - Part 20
Italy’s Eni Heading Back to Iran, with Pre-Conditions
Ali Akbar Farazi, Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) deputy for international affairs, announced that senior executives of Italy’s oil giant, ENI, will arrive in Tehran as part of a ...
Soma Oil and Gas Under UK Investigation Over Corruption in Somalia
The Serious Fraud Office has opened a criminal investigation into British company Soma Oil and Gas. The SFO said the matter was related to corruption in Somalia. In a statement, Soma said it was “confident”...
India Debt Driving Iran Gas Field Investments
India has discussed ways of repaying $6.5 billion in overdue debt to Iran and development of a major gas field in the Persian Gulf, New Delhi-based media say. A delegation visited Tehran last week to expedite the repa...
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. BASF CEO Kurt Bock says he has seen a great potential for investment in Iran during his week visit to th...
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. It is working with the government, the Oman Society for Petroleum Services...
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). Genel...
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. Both sides say there has b...
6-Year Saudi Offshore Contract Awarded to Ezra Holdings
Singapore’s Ezra Holdings Limited (Ezra or the Group), a leading contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, announced Wednesday that its Subsea Services Divis...
