Saudi Arabia | Egypt Oil & Gas - Part 4

Saudi Arabia | Egypt Oil & Gas - Part 4

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 ...

Cairo, Riyadh Deepen Energy Ties with Focus on Petrochemicals

Minister of Petroleum and Mineral Resources, Karim Badawi, held a meeting with a delegation of officials from the Saudi Egyptian Investment Company (SEIC), a subsidiary of the Public Investment Fund (PIF) of Saudi ...

Subsea7 Awarded Major Offshore Contract for Saudi Aramco Project

Subsea7, a global offshore service provider to oil and gas companies,a global offshore service provider to energy companies has been awarded a major contract from Saudi Aramco under a long-term agreement (LTA) to ...

Sinopec to Supply Engineering Services to Saudi Arabia’s ACWA Power in Yanbu

China’s Sinopec, one of the world’s largest state-owned energy and chemical companies, signed an agreement to to deliver engineering services for ACWA Power in Yanbu, Saudi Arabia, supporting the development of wh ...

Saudi Arabia, Syria Boost Energy Cooperation through New MoU

Abdulaziz bin Salman, Saudi Arabia's Minister of Energy, signed a memorandum of understanding (MoU) with Mohammad Al-Bashir, Syria's Minister of Energy, to expand energy cooperation between the two countries. The ...

Aramco considers Asset Sales to Raise Cash

Saudi state-owned oil major, Aramco, is considering selling up to five gas-fired power plants to raise cash, Reuters reported, quoting three people familiar with the situation.

Ganope Signs 2D Seismic Survey Project Agreement with Ardiseis

Ganoub El Wadi Petroleum Holding Company's (Ganope) signed a new agreement with the Egyptian Branch of the Saudi company Ardiseis, a subsidiary of Arabian Geophysical and Surveying Company (Argas), in presence of ...

Falling Crude Prices Slows Down an Oil-Backed Deal between Aramco and Nigeria

Nigeria and Saudi Arabia’s state oil giant, Aramco, are facing challenges in finalising a landmark $5 billion oil-backed loan, according to Reuters. The falling crude prices have raised concerns among banks expect ...

Aramco Completes $5Bn Bonds Issuance

Aramco, a world leader in integrated energy, announced the successful completion of a $5 billion bonds issuance.
The issuance was carried out in three tranches at the London Stock Exchange, under its Global ...

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