pipelines | Egypt Oil & Gas - Part 7
Saipem Cuts Jobs Amid Q2 Losses
Saipem SpA, Italy’s biggest oil and gas contractor, will cut jobs and exit businesses as writedowns led to an unexpected loss and an earnings target reduction.
Ukraine Only Dependent on 30% of Natural Gas from Russia, Finance Minister Says
Ukraine is currently buying only 30% of natural gas in Russia, Ukraine’s Finance Minister Natalia Yaresko said Friday.
Dana Gas Affirms Commitment to Egypt at March Summit
Dana Gas will invest $350 million (Dh1.28 billion) in Egypt over the next 30 months and expects to receive outstanding arrears from the government by the end of 2016, the company’s chief executive said on Saturday.
Iran: Gas Exports to Iraq by May, to Expand by Next Year
An Iranian official has announced the country’s plan to export natural gas to Iraq within months.
Manouchehri: Iran Can Now Design-Build Pipelines, Rigs and Installations
Iran achieves self-sufficiency in the construction of Persian Gulf gas installations, says official.
Japan After Iran Gas in Bid for Energy Security
A Japanese delegation is in Iran to discuss possible gas imports through pipeline or in the form of LNG, the Fars news agency says.
Egypt, Cyprus Sign MOU for Gas Pipeline and Imports
Cyprus signed an MOU with Egypt on Monday that could see the island supplying its Mediterranean neighbour with natural gas.
