Total | Egypt Oil & Gas - Part 6

HitecVision, Petrogas to Acquire Total North Sea Oilfields

Oman’s Petrogas and HitecVision are set to acquire some of Total’s North Sea oilfields in the UK for $635 million, Reuters reported. Talks are focused on a portfolio of Total oilfields, including Dumbarton, Ball...

Al Manar, Total Sign Lubricants Distrbution Agreement

Al Manar Trading and Distribution (AMTD) and Total signed an exclusive distribution deal for the Elf-branded lubricants in Egypt, Zawya reported. AMTD, a subsidiary of Al Manar Group, will distribute Elf products, whi...

Total Among Firms to Renew Licenses in Libya

A number of international oil companies (IOCs), including Total, plan to renew their business licenses to continue operations in Libya, Reuters reported. In case the licenses are not renewed, there will be several oil...

Total to Pump Investments in Egypt

French energy giant Total looks to increase its exploration and production (E&P) activities in the West Mediterranean and the Red Sea, as well as raising its overall investments in Egypt, Al Shorouk reported. Acco...

Algeria Mulls Options for Total’s Anadarko Deal

The Algerian government is reconsidering Total’s acquisition of Anadarko’s Algerian assets and looks for a good compromise, according to Algeria’s Energy Minister Mohamed Arkab, Reuters reported. Occidental Petroleum ...

Oman Awards Total Exploration License for Block 12

Total inked an agreement with Oman’s Ministry of Oil and Gas for Block 12 exploration license, Pipeline Oil and Gas Magazine reported. Under the heads of agreement (HoA) terms, both sides should work on a conclusive a...

Shell, Total, Oman Ink Upstream Agreements

Shell and Total inked an upstream agreement with Oman; under which the companies will invest in gas exploration and production in partnership with Petroleum Development Oman (PDO) and Oman Oil Company (OOC), Pipeline ...

Saudi Aramco, Total Ink JV Agreement to Develop Saudi Retail Network

Saudi Aramco and Total inked a joint venture (JV) agreement to develop retail services in Saudi Arabia, Pipeline reported. The JV will be equally-operated by the two companies through an investment of around $1 billio...

Aramco, Total, Daelim to Build Polyisobutylene Facility

Saudi Aramco and Total signed a Memorandum of Understanding (MoU) with Daelim, South-Korean petrochemical company, on January 31 to build Polyisobutylene facility, Saudi Aramco announced. Under the MoU, Daelim plans t...

ADNOC Plans Major Refining and Gas Expansion

The Abu Dhabi National Oil Company (ADNOC) plans to compete with oil giants through refining and gas expansions, ADNOC’s CEO Sultan Ahmed Al Jaber told Reuters. ADNOC this week agreed two deals with European oil major...

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