Saudi Arabia | Egypt Oil & Gas - Part 5
Kuwait Expects Durra Field Bid Rounds to Launch this Year
Kuwaiti Oil Minister Tariq Al-Roumi announced that bid rounds for the long-delayed Durra offshore oil and gas field are expected to launch this year. Speaking to Reuters, Al-Roumi confirmed that the project, to be dev...
Badawi Urges Unified Arabic Mining Strategy
Minister of Petroleum and Mineral Resources, Karim Badawi, called for a unified Arab strategy to achieve “mineral sovereignty” during the 10th Consultative Meeting of Arab mineral resources ministers. Hel...
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, three sources familiar with the discussions told Reuters. The portfolio, estimated at appro...
Aramco, ExxonMobil to Explore Major Expansion of Samref Refinery
Aramco and ExxonMobil have entered into a Venture Framework Agreement (VFA) with their joint venture, Saudi Aramco Mobil Refinery (SAMREF), to explore a major expansion and upgrade of the Samref refinery in Yanbu, Sau...
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 Resources ...
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 Min...
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, a member of the Egypt Upstream Gateway (EUG) team, for receiving the Best AI Agent Award at the International Geomechanics Conferen...
Middle Eastern Oil Producers Boost Crude Supplies to India
Middle Eastern oil producers, including Saudi Arabia, Iraq, and Kuwait, will increase crude oil shipments to India in December. This strategic move allows the Organization of the Petroleum Exporting Countries (OPEC) m...
