Total | Egypt Oil & Gas - Part 8
Sonatrach Expands its Petrochemical Ventures
Algerian state-run energy company Sonatrach is making acquisitions to increase its petrochemicals business with the view of reducing the north African country’s fuel imports and boosting revenue, Reuters reporte...
Total CEO: Libya Has Not Objected to Waha Takeover
Libyan authorities have not raised objections to Total closing a $450 million deal with US-based Marathon Oil to take over its 16% share of the Waha concessions, The Times of Oman reported. Previous reports have sugge...
Lebanon to Continue Exploring Disputed Block 9
Lebanon has already begun exploring in the disputed Block 9 area, Lebanese Energy and Water Minister Cesar Abi Khalil stated, The Daily Star reported. The news comes in spite of Israel disputing Lebanon’s claims to so...
Iraq Postpones Oil, Gas Bidding Round
Iraq has postponed its bidding session for 11 new blocks until April 25, Reuters reported. The bidding round was originally planned to take place on April 15, meaning that the auction will be delayed by 10 days. The o...
Aramco, French Firms Sign Deals Worth $10B
Saudi Aramco has agreed eight deals worth $10 billion with French companies during Crown Prince Mohammed bin Salman’s visit to France, Reuters reported. Aramco chief executive Amin Nasser stated on April 9 that the oi...
Total, Cespa, Sonatrach Begin Algerian Gas Production
Total, Algerian state-owned Sonatrach, and Cespa have started production from the Timimoun natural gas project in Wilaya de Adrar in southwestern Algeria, Energy Business Review reported. The project has a maximum cap...
Russian Iran Hydrocarbon Investments May Exceed $50 B
Russian presidential aide Yuri Ushakov announced on April 2 that Russia could invest more than $50 billion in Iranian oil and gas fields, Press TV reported. “Energy is the most promising sphere for cooperation b...
Oil Companies Eye Developing 11 Iraqi Oil, Gas Fields
Some 16 companies, including Exxon, Chevron, and Total, have expressed interest in 11 Iraqi oil and gas fields, the bidding for which takes place on April 15th, Oil Price reported. Iraq, OPEC’s second biggest pr...
