pipelines | Egypt Oil & Gas - Part 3

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, which are worth an estimated $12-15 billion, Reuter...

China’s CSCEC Seeks Expansion in Gulf Markets

The government of Iraq and the China State Construction Engineering Corporation (CSCEC) see a lot of opportunities for cooperation in oil projects, Reuters reported. CSCEC is interested in pipeline projects in Iraq, a...

Iraq, Boskalis to Build Offshore Oil Export Facility

The Iraqi government has authorized the Ministry of Oil to sign an initial agreement with Boskalis, a Dutch maritime services company, to build an offshore oil export installation, Reuters reported. This deal comes in...

Aramco, Sinopec Ink Deal for Marjan Field Pipelines

Saudi Aramco has signed an agreement with Sinopec Engineering Incorporation, a subsidiary of China Petroleum & Chemical Corporation (Sinopec), for two pipeline projects at the Marjan oilfield, Reuters reported. Th...

Eni Extends Trans-Tunisian Pipeline Deal to 2029

Eni has signed an agreement with Tunisia for transporting Algerian natural gas, the Italian company said in a statement. The deal aims at the management and modernization of the trans-Tunisian gas pipeline to transpor...

ADNOC, BlackRock, KKR Close Infrastructure Agreement

The Abu Dhabi National Oil Company (ADNOC) announced that it has closed a pipeline infrastructure investment agreement with BlackRock and KKR. The companies signed the initial agreement in February 2019 to invest $4 b...

Egypt Invests EGP 6.5 B in Gas Transportation Networks

The Egyptian oil and gas sector has invested a total of EGP 6.5 billion to expand its pipeline systems to transport and distribute petroleum products and natural gas, an official source at the Egyptian Natural Gas Hol...

Saudi’s Consortium Bids to Build Gas Pipeline in Bulgaria

A Saudi consortium comprising Arkad Engineering and a Milan-based Arkad-ABB joint venture has offered the lowest bid to build a pipeline in Bulgaria, Reuters reported. The consortium offered constructing the pipeline ...

Egypt to Establish Oil Pipeline between Ain Sokhna and El Tebbin

Egypt plans to establish a pipeline to transport petroleum products from Ain Sokhna to El Tebbin and then to Mostorod and Upper Egypt, said Abdel Moneim Hafez, head of the Petroleum Pipeline Company (PPC), Egypt Oil &...

Sonatrach Meets with Russian Oil Firm to Discuss Pipeline Improvements

Algerian national oil company Sonatrach attended a meeting held by Russian oil transportation company Transneft Diascan to discuss improvements to Algeria’s oil infrastructure, according to Hydrocarbon Engineering. Th...

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