UAE | Egypt Oil & Gas - Part 37
Oman, Iran LNG Pipeline to Cost $1.5b
A planned sub-sea natural gas pipeline to link Iran and Oman is expected to reach a higher estimated cost of $1-1.5b after the two countries had to change the project's route and design to avoid waters controlled by ...
Dana Gas to Discuss $700m Debt Mix
Dana Gas PJSC, a producer of natural gas in Egypt, Iraq and the United Arab Emirates, may seek to roll over part of the $700 million Islamic bonds maturing next year. The company’s CEO, Patrick Allman-Ward, said that ...
Abu Dhabi Received First FSRU Vessel
Abu Dhabi Gas Industries Limited (GASCO), a joint venture between Abu Dhabi National Oil Company (ADNOC) and European multinationals Shell and Total, has received its first Floating Storage and Regasification Unit (F ...
Kuwait Plans to Raise Gasoline Prices
Kuwait plans to raise the prices of gasoline to 73% by September in light of the oil price decline affecting the energy-rich Gulf state’s finances.
UAE: ENEC’s Nuclear Plant Crosses 65% of Completion
The Emirates Nuclear Energy Cooperation (ENEC) is moving forward with the completion of the country’s first nuclear plant, with the successful installation of Unit 3 Reactor Vessel (RV) at Barakah.
Indian Firm to Open Oil Distillation Plant in UAE
India’s Radiant Group, an expert in oil distillation process, is set to build its new factory at Hamriyah Free Zone, Sharjah, in the UAE, at an investment of $10m.
Oman Shipped First Crude from Musandam Plant
UAE-based, Marsol International, supported Oman Oil Company Exploration & Production LLC’s (OOCEP) first shipment of crude oil from the Musandam gas plant in May.
Egypt’s Foreign Reserves Rose to $17.52b
Egypt's net foreign reserves rose to $17.52b at the end of May, up from $17.011b in April, the Central Bank of Egypt (CBE) announced.
