shipping | Egypt Oil & Gas - Part 2
ADNOC Launches AGT for Trading Refined Products
The Abu Dhabi National Oil Company (ADNOC) announced the official launch of its second trading arm ADNOC Global Trading (AGT), which is a joint venture (JV) between ADNOC, Eni and OMV, with shares of 65%, 20% and 15%,...
Nigeria Takes Delivery of Two LPG Vessels from South Korea
Joint venture of Nigerian National Petroleum Corporation (NNPC), The West Africa Gas Ltd (WAGL), along with Sahara Energy, have taken delivery of two LPG carriers. The two vessels, namely: “MT Africa Gas” ...
India Resumes Iran’s Crude Oil Imports
Chairman of India’s biggest shipping company, Shipping Corporation of India (SCI), announced that SCI will resume sailing to Iran this month after a four-year gap, transporting an oil cargo for a state-run refin...
OAPEC’s Investment Corp on Verge of Shipping Deal Bolstered by Islamic Bonds
Saudi Arabia-based Arab Petroleum Investments Corp. (APICORP) plans to acquire a shipping asset and could close that deal either year-end or in the first quarter of 2016, reported Zawya. “The pipeline is full. T...
GAC Group Gets New Mideast Head
Global shipping, logistics and marine services provider GAC Group has appointed Shanaka Fernando as the group’s new regional business development manager (Oil & Gas) for Middle East region, reported Trade Ar...
Nigeria Resumes Crude Exports to US
After flows of Nigerian crude to the US during past June and July were partly driven by high prices for domestic light sweet crudes, in September a few Nigerian cargoes were heading to US refineries, according to a tr...
Press Release: Egyptian Ministry of Petroleum
The Minister of Petroleum and Mineral Resources, Sherif Ismail, announced that the launching of the new Suez Canal project is a message of hope to the Egyptian people and a gift to the world. He explained that its com...
Statoil to Receive Underwater Hull Cleaning for Operations in Middle and Far East
GAC EnvironHull has signed a contract with the international energy company Statoil to provide underwater hull cleaning services for its vessels operating in Scandinavia, the Middle East and the Far East. From the sec...
