Saudi Arabia | Egypt Oil & Gas

Kuwait Expects Durra Field Bid Rounds to Launch this Year

Kuwait expects to launch tenders this year for the long-delayed development of the Durra oil and gas field, a major offshore project to be developed in cooperation with Saudi Arabia, Kuwait’s Oil Minister Tariq Al ...

Badawi Urges Unified Arabic Mining Strategy

Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi participated in the 10th Consultative Meeting of Arab Mineral Resources miniters, held on the sidelines of the fifth edition of the Future Minerals ...

Saudi Midad Energy Eyes $22bn Lukoil Overseas Portfolio

Saudi Arabia’s Midad Energy has become a key contender to acquire the international assets of Russian oil major Lukoil. The assets, estimated to be worth around $22 billion, include oilfields, refineries, and thou ...

Aramco, ExxonMobil to Explore Major Expansion of Samref Refinery

Aramco, ExxonMobil and Saudi Aramco Mobil Refinery (Samref) have entered a Venture Framework Agreement (VFA) to explore a major expansion and upgrade of the Samref refinery in Yanbu, aiming to transform the site i ...

Badawi Explores Cooperation with Saudi Arabia’s NEOM and SABIC

Egypt is exploring broader opportunities for its petroleum and engineering companies to participate in Saudi Arabia’s NEOM project, as revealed during the official visit by Minister of Petroleum and Mineral Resour ...

Aramco’s Jafurah Shale Gas Project Begins Production at 450 mmcf/d

Saudi Aramco's Jafurah shale gas project has commenced production at 450 million standard cubic feet per day (mmscf/d), marking the completion of the project's first phase, Saudi Arabia's Finance Ministry revealed ...

Badawi Honors EUG’s Mohannad Atef for Winning Best Global AI Agent Award

The Minister of Petroleum and Mineral Resources, Karim Badawi, honored Mohannad Atef, one of the Egypt Upstream Gateway (EUG) team, for receiving the Best AI Agent Award at the International Geomechanics Conferenc ...

Middle Eastern Oil Producers Boost Crude Supplies to India

Middle East producers Saudi Arabia, Iraq, and Kuwait are boosting crude supplies to India as Indian refiners slow Russian imports due to sanctions.

SONATRACH, Midad Energy Ink $5.4 Bn Exploration Deal in Algeria

SONATRACH, the Algerian national oil company (NOC), and the Saudi Midad Energy North Africa signed a $5.4 billion hydrocarbon-sharing contract for the exploration and development of the Illizi South area in Algeri ...

Peru Targets Saudi, American, Ecuadorian Investments to Revive Energy Sector

Peru's Energy and Mines Minister, Jorge Luis Montero, anticipates signing a memorandum of understanding (MoU) with Saudi Arabia in November to collaborate on lithium and other critical mineral projects. The minist ...

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