Total | Egypt Oil & Gas - Part 7
Lebanon to Start Gas Exploration by 2019-End
Lebanon is expected to start exploring for natural gas by the end of 2019 through a consortium led by French oil major Total, second vice-governor of Lebanon’s central bank, Saad Andary, revealed at a press conference...
Sonatrach Signs Offshore Exploration Deals with Eni, Total
State-owned Algerian firm Sonatrach has signed two offshore exploration contracts with oil majors Total and Eni, according to Reuters. The agreement was signed by Eni chief executive Claudio Descalzi, Total chief exec...
Saudi Aramco Signs 15 Deals Worth $34 B
Saudi Aramco announced that it has signed 15 preliminary deals and strategic and commercial collaborations worth more than $34 billion, the company said in a press release. The memoranda of understanding (MoU) are all...
Libyan Crude Output Marred by Security Concerns
The deteriorating security situation around Libya’s largest oil field, Sharara, has caused the country’s crude oil output to fall once again, sources told S&P Global Platts on October 9. An increase in local...
NIOC-Owned North Sea Field Given US Sanctions Waiver
The US Office of Foreign Assets Control (OFAC) has issued a waiver that will allow the bypassing of US sanctions placed on the Rhum gas field in the UK’s North Sea, which is 50% owned by the National Iranian Oil Compa...
Saudi Aramco, Total to Work on Petrochemical Facility at Jubail Refinery
Total and Saudi Aramco signed an agreement on October 8 for engineering studies on the construction of a petrochemicals complex at the Jubail Satorp refinery worth $5 billion, Reuters reported. The complex is slated t...
Qatargas Signs 22-Year Deal to Supply LNG to China
Qatargas announced on September 10 that it agreed a 22-year liquefied natural gas (LNG) supply deal with China for the shipment of 3.4 million tons of LNG per year, Reuters reported. The Qatargas 2 project-venture bet...
Total Signs 25-Year Algeria Gas Field Concession Extension
Total has signed a concession agreement with Algerian state-owned Sonatrach, Repsol, and Alnaft for a 25-year licence extension for the Tin Fouye Tabankort (TFT) gas and condensate field, Reuters reported. The agreeme...
