ADNOC Hires Advisors for Pipeline Lease Deal
The Abu Dhabi National Oil Company (ADNOC) has hired Bank of America Merrill Lynch and Mizuho Financial Group to manage the lease of its natural gas pipeline assets.
The Abu Dhabi National Oil Company (ADNOC) has hired Bank of America Merrill Lynch and Mizuho Financial Group to manage the lease of its natural gas pipeline assets.
The government of Iraq and the China State Construction Engineering Corporation (CSCEC) see a lot of opportunities for cooperation in oil projects.
Iraq and Dutch maritime services company Boskalis have reportedly reached a deal to build an offshore oil export installation.
Saudi Aramco has signed an agreement with Sinopec Engineering Incorporation for two pipeline projects at the Marjan oilfield.
The deal extends Eni's management of the trans-Tunisian gas pipeline to transport Algerian natural gas to Italy through Tunisia for another 10 years.
The companies signed an initial agreement in February 2019 to invest $4 billion into the midstream pipeline assets.
The total expanded pipelines reached 1.1 million kilometers (km).
The consortium offered constructing the pipeline by around $1.2 billion by the end of 2020.
Egypt plans to establish a pipeline to transport petroleum products from Ain Sokhna to El Tebbin and then to Mostorod and Upper Egypt.
Algerian national oil company Sonatrach attended a meeting held by Russian oil transportation company Transneft Diascan to discuss improvements to Algeria’s oil infrastructure.
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