Kentech Signs Agreement to Acquire SNC-Lavalin’s Oil, Gas Business
Kentech Company announced that it has signed an agreement to acquire the oil and gas business of SNC- Lavalin’s Resources Division.
oil & gas | Egypt Oil & Gas - Part 2
Wintershall Dea to Rely on Mobile Working Post-Pandemic
Wintershall Dea, Europe’s leading independent natural gas and oil company, has announced that the company will establish mobile working as standard practice even after the pandemic.
UOG Appoints Iman Hill as Independent Non-Executive Director
United Oil & Gas PLC (UOG) has appointed Iman Hill as an Independent Non-Executive Director, according to a press release.
MENA Oil, Gas Investments to Reach $900b
A new report by the Arab Petroleum Investments Corporation (APICORP) stated that the total committed and planned energy investments in the MENA region may reach $900b over the upcoming five years
Iraq to Review Oil Foreign Contracts
Iraqi Oil Minister, Jabar Ali Al-Luaibi, stated that Baghdad wants to review contracts with oil companies to cut the fees that the firms receive when crude prices are low.
Russia’s Lukoil, Gazprom to Develop Iran’s Oil Fields
Russia oil firms Lukoil and Gazprom plan to invest in the development of three oil fields in Iran, with Gazprom finalizing their agreement with the National Iranian Gas Company.
Sub-Saharan Africa Boosts Oil, Gas Projects
Sub-Saharan Africa is expected to start operations of 43 crude and natural gas projects in total by 2025. Tullow Oil plc, Total S.A, Chevron Corporation, and Eni SpA are interested in the regional investments.
Canadian SNC-Lavalin Wins $800m EPC Contract in Middle East
A Montreal-based company, SNC-Lavalin, has announced that it had won a $800m engineering, procurement, and construction (EPC) contract in the Middle East.
Sudan, Algeria Agree to Cooperate on Oil and Gas
Sudan and Algeria have agreed to cooperate in areas of oil, gas, training and scientific research.
