South Korea | Egypt Oil & Gas - Part 4
Seoul to Invest $27b in Oman Energy
Oman agreed to allow South Korean companies to participate in the country's large-scale energy and infrastructure projects, which are estimated to a total cost of $27.1b.
Pipeline Leak Delayed Qatar Gas Project
Qatar delayed the start-up of its $10B Barzan Gas project, which is a RasGas-operated joint venture between Qatar Petroleum and ExxonMobil, due to a leak in a gas pipeline.
Uganda to Look for New Investors in $4b Oil Refinery
The Ugandan government has launched a search for new investors for the construction of a $4b oil refinery in Hoima.
West Africa to Ship 60 Oil Cargos to Asia in September
The amount of West African crude oil heading east in September is expected to reach a five-month high, driven in part by trading houses. At least 60 cargoes, carrying the equivalent of 1.9mb/d are expected to make th ...
South Korea To Drop Iraqi Oil Field
South Korean state-owned company Korea National Oil Corp (KNOC) has decided to pull out of the Sangaw South oil field project in the Kurdish region of Iraq, due to uneconomic exploration results.
Iran, South Korea Ink $2b Oil Deal
Iranian Isfahan oil refinery has inked a memorandum of understanding (MoU) with South Korean Daelim company to enhance production procedures and optimize the facility.
Iran’s Condensate Exports to Fall in July
Iranian crude exports will reach its lowest level in July, a five-month low, as purchases of the ultra-light oil by Asian refiners, especially South Korea, decreased.
Egypt Negotiating South Korean $3b Investment
South Korea aims to increase its investments in Egypt to $3b mainly in renewable energy, electricity, and desalination.
