Oil | Egypt Oil & Gas - Part 11

India Seeks Long-term Oil Supply from Guyana

India seeks a long-term contract to import oil from Guyana which is located in South America, a Guyanese official told Reuters. Guyana’s Minister of Natural Resources, Vickram Bharrat, said that India has announced it...

Libya’s NOC Revenues Surpass $2 b in March

Libyan National Oil Corporation’s (NOC) sales of crude oil, gas, condensate, petroleum products, and petrochemicals have returned a bit over $2 billion in March, which indicates a leap compared to the company’s revenu...

Qatar Sends First Oil Cargo to UAE After Restoring Ties

Qatar has exported first oil cargo to an Arabian Gulf neighbor since the United Arab Emirates along with other three Arab countries agreed to restore ties with Doha in January, according to Bloomberg. The shipment loa...

Egypt Approves Extending SDX’s PSA of West Ghairb to 2031

SDX company announced that it has received the final approval from the Egyptian authorities to extend its Production Services Agreement (PSA) for oil production from Meseda and Rabul oil fields in West Gharib concessi...

NOC Achieves Revenues of $1.41 billion in January

The Libyan National Oil Company (NOC) has announced that it achieved a record level in its revenues during January 2021, estimated at $1.41 billion, a press release reported. On this occasion, the Chairman of the Boar...

Iran Achieves Self-Sufficiency in Pipeline Construction

The CEO of the National Iranian Oil Engineering and Construction Company, Saeed Sattary Naeini, announced that Iran has achieved self-sufficiency in construction and implementation of the oil and petroleum products tr...

Egypt to Boost Oil, Gas Cooperation with Jordan

The Minister of Mineral Resources, Tarek El Molla, held a meeting with his Jordanian Counterpart  Hala Zawati, who is on a visit to Cairo to discuss ways to boost ties in the oil and gas field during the coming period...

SOCAR Ships 90,000 Tons of Oil to Belarus

The Deputy Head of Azerbaijan’s State Oil Company SOCAR, Ibrahim Ahmadov, said that the company has shipped a batch of 90,000 tons of Azerbaijani oil to Belarus in February, Neftegaz.RU reported quoting local media. A...

El Molla Discusses Cooperation Projects with BP

The Minister of Petroleum and Mineral Resources, Tarek El Molla, received a delegation from BP to discuss the cooperation projects between the petroleum sector and BP in Egypt. During the meeting, Dev Sanyal, Executiv...

Indian Oil Imports Record Highest Level in Three years

The Indian oil imports recorded the highest level in nearly three years, reaching more than 5 million barrels per day (mmbbl/d), as its refiners raised the production following the increase in demand, Reuters reported...

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