UAE | Egypt Oil & Gas - Part 37
Korean KEPCO Eyes New Nuclear Power Plants Deals in MENA
Korea Electric Power Corp. (KEPCO) wants to gain more contracts to build nuclear power plants in the Middle East to facilitate its goal of becoming one of the world's top nuclear power operators.
Egypt’s Maridive Signs $43m Offshore Contract in UAE
Maridive & Oil Services SAE announced that its offshore construction sector obtained a new contract worth $43m in the UAE, according to a statement released in early March.
Dana Gas Launches Zora Gas Field Production
Dana Gas has started production at the Zora gas field located in the Sharjah Western Offshore Concession in the UAE, designated to achieve a flow-rate of 40mcf/d of gas.
UAE’s and Chinese Firms Launch Oil Services Joint Venture
UAE-based Al Falahi Group has signed an agreement with Chinese Eastern Dragon Co., a global leader in oil field services, to launch a joint venture worth $8m in the UAE.
UAE, India to Sign New Energy Agreements
India and the UAE envision signing a number of new agreements to boost bilateral cooperation in energy sector, notably in oil, gas and renewables projects.
Masdar’s Second Solar Investment in Jordan to Cost $300m
Abu Dhabi green energy firm Masdar will build a 200MW solar project in Jordan for around $300m.
UAE’s Mubadala Signs Energy MoU with Mexico’s Pemex
The UAE’s Mubadala Petroleum has signed a Memorandum of Understanding (MoU) with Mexico’s Pemex for collaboration on upstream E&P projects, midstream oil and gas, and energy and power-related infrastructure.
Shell Pulls Out of High-Risk, Low-Return UAE Gas Project
Royal Dutch Shell has announced that it will pull out of a multi-billion-dollar plan for the Bab sour gas field in Abu Dhabi.
