The Sovereign Fund of Egypt (SFE) is expanding to franchisers as potential buyers for 80-90% of military-owned Wataniya Petroleum, CEO Ayman Soliman, stated.

Alexandria Mineral Oils Company (AMOC) has chosen British bank HSBC to manage its share sales on the Egyptian Exchange later this year.

The Kuwaiti Ministry of Finance and state-run Kuwait Petroleum Corporation are seeking to privatize the oil services sector as a part of a privatization program.

Nigeria would review the price of Premium Motor Spirit –PMS, also known as petrol– in May, while Minister of State for Petroleum Resources hinted on a possible privatisation of the sector as lasting solution to its funding crisis

Iran's Oil Ministry has recently witnessed demonstrations criticizing the terms of the new Iranian Petroleum Contracts (IPCs) organized by student protesters, who are aligned with the Basij, a hard-line militia formed to uphold the principles of the Islamic Republic.

Nigeria is planning an initial public offering for assets owned by its national oil company, the Nigerian National Petroleum Corporation (NNPC), by 2018, according to Nigerian Minister of Petroleum Resources, Emmanuel Kachikwu.

Saudi Aramco's publicized plans to sell its shares on the open market are expected to target the downstream sector exclusively, according to initial announcements.

Saudi Aramco has confirmed that it was studying plans to issue Initial Public Offerings (IPOs) in a partial privatization bid of the world’s largest oil company.

Saudi Arabia’s civil aviation authority announced that it would privatize Jeddah and Dammam airports in Q2 and Q3 of 2017, respectively, in line with previously publicized plans to bolster state finances strained under the sustained slump in oil prices.

In response to the declining oil prices, Iran plans to increase the mining sector’s share in the country's GDP from the current less than 1% to more than 2% within ten years.