Petronas | Egypt Oil & Gas - Part 11
PETRONAS Acquires 10% Stake in Oman’s Onshore Gas Field
Malaysia’s Petroliam Nasional Bhd (PETRONAS) has acquired 10% stake in Oman’s onshore gas field from Oman Oil Company Exploration and Production LLC (OOCEP), Oman Observer reported. The acquisition was done through PE...
Misr Petroleum, Petronas to Establish New JV
Misr Petroleum Company and Petronas are preparing to launch a new joint venture (JV) for producing high quality lubricants and exporting them during Q1 2019, governmental sources told Al Borsa. The trademark for the n...
El Molla, Petronas Discuss Future Investments in Egypt
Egyptian petroleum minister, Tarek El Molla, met with Petronas CEO, Wan Zulkiflee, to review the company’s future investments in the Egyptian oil and gas sector, Egypt Oil & Gas reports. During their talk, t...
Petronas to Acquire 10% Stake in Oman’s Al Khazzan Field
Malaysian Petronas is close to buying a 10% stake in Oman’s al Khazzan gas field from the state-owned Oman Oil Company, Reuters reported. PC Oman Ventures, a subsidiary of Petronas, will acquire the stake in Block 61 ...
Petronas Talks E&P Opportunities in Egypt
Egyptian Minister of Petroleum Tarek El Molla met with Anuar Taib, Executive Vice President & CEO Upstream at Petronas, to discuss available opportunities for exploration and production (E&P) in the Red Sea, E...
Saudi-Malaysian Refinery to Receive First Oil Cargo in September
A refinery jointly-owned by Saudi Aramco and Malaysian state-owned Petronas will receive its first cargo of oil by the end of September, Reuters reported. The very large crude carrier (VLCC) Navarin is carrying 1 mill...
Oil Ministry Signs $1B E&P Agreement with Shell
The Egyptian General Petroleum Corporation (EGPC) has signed an exploration and production (E&P) agreement with Royal Dutch Shell and Malaysia’s Petronas worth $1 billion, Egypt Oil & Gas reports. Under the te...
Misr Petroleum Signs Refining Agreement with Petronas
Misr Petroleum and Petronas have signed a memorandum of understanding (MoU) to produce 20,000 tons of first class oils and 10,000 tons of diesel annually, Egypt Oil & Gas reports. The production will take place at...
