Macquarie Pulls Out of Kuwait Pipeline Bid as Gulf Tensions Rise

• Wednesday, 18th March 2026
• by Fatma Ahmed

Australia’s Macquarie Group has withdrawn from a planned bid for a stake in Kuwait’s oil pipeline network, a deal valued at approximately $7 billion, according to sources familiar with the matter. As reported by...

Saudi Aramco, APC Ink New Deal

• Sunday, 9th February 2020
• by Editorial Team

Arabian Pipes Company (APC) inks a new deal with Saudi Aramco to supply steel pipes, according to Mubasher. The contract timeline is set for 11 months, with a value cost estimated at approximately SAR 160m ($42.6m). A...

Egypt Constitutional Committee Authorizes Egypt-Cyprus Pipeline Agreement

• Monday, 10th December 2018
• by Sarah Samir

Egypt’s Constitutional Committee authorized the Egypt-Cyprus agreement to establish a natural gas subsea pipeline on December 9, Ahram Gate reported. The committee decided that the agreement complies with Egypti...

Egypt, Cyprus Sign Pipeline Agreement in Nicosia

• Thursday, 20th September 2018
• by Sarah Samir

Egyptian petroleum minister Tarek El Molla has signed the agreement for the establishment of the subsea natural gas pipeline between Egypt and Cyrpus’s Aphrodite field with Cypriot Minister of Energy Yiorgos Lak...