CNCP Buys Stakes in Abu Dhabi Concessions for $1.18B
China National Petroleum Corporation has bought two stakes in Abu Dhabi's offshore fields worth $1.18 billion from the Abu Dhabi National Oil Company.
Total | Egypt Oil & Gas - Part 9
Total Eyes Downstream Projects with ADNOC
Total recently won a deal with ADNOC for two stakes in Umm Shaif and Lower Zakum respectively worth a total of $1.45 billion.
Iran Nearly Doubles Gas Production at South Pars: Rouhani
Irani President Hassan Rouhani stated that gas production increased from 285 mcm to 555 mcm over the past Iranian calendar year.
ADNOC, Total Sign $1.45 B Agreement
Total now holds 20% of the Umm Shaif and Nasr concession and 5% of the Lower Zakum concession, together worth an approximate $1.45 billion.
Jordan Studies Fuel Distribution Offers
Jordan’s Ministry of Energy and Mineral Resources started reviewing the requests submitted for obtaining licenses to distribute fuel derivatives
Total Acquires Stake in Libyan Waha Concession
French Total acquired a 16.33% stake in Libya's Waha concession from Marathon Petroleum in an acquisition transaction worth $450 million as part of its strategy to expand in the Middle East and North Africa region ...
Total Eyes Iraq Oil Refinery
French oil company Total is considering bidding to build the green-field oil refinery in the Iraqi city of Nassiriya.
Gazprom Mulls Developing Gas Fields in Iran
Russia’s Gazprom is considering the development of four Iranian gas fields and is planning to present relevant offers by late March, said Bijan Zangened, Iranian Minister of Petroleum.
Consortium Wins Exploration Rights Off Lebanon
Lebanon awarded offshore concessions to a consortium of Total, Eni, and Novatek to explore in its territorial waters.
Total to Add 9 Gas Stations in 2018
Total Egypt plans to establish 9 new gas stations in 2018. The stations are planned to be launched in Alexandria, Delta region, and Cairo.
