LBBC, NOC Sign Cooperation Agreement
The Libyan National Oil Company (NOC) and the Libyan British Business Council (LBBC) have signed a statement of intent to enhance oil and gas cooperation between Libya and the UK.
UK | Egypt Oil & Gas - Part 6
Kuwait to Buy UK Pipeline Firm for $1.7B
Wren House, the UK investment arm of Kuwait’s sovereign wealth fund (KIA), has agreed to purchase the pipeline firm North Sea Midstream Partners (NSMP) from ArcLight Capital for roughly $1.7 billion.
Egypt, UK Discuss Hydrocarbon Investments
Egyptian petroleum minister Tarek El Molla met with the UK's Investment Minister, Graham Stuart, to discuss increasing the joint investments between the two countries in the oil and natural gas industry.
UK to Receive LNG Shipment from Egypt’s Idku
The UK will receive a liquefied natural gas (LNG) shipment from Egypt's Shell-operated Idku liquefaction plant.
Egypt, ATKINS Discuss Renewable Energy Projects
UK’s ATKINS shows interest in Egypt’s renewable energy cooperation, especially in the wind energy field.
Aggreko Enters the Egyptian Market
The power-management company, Aggreko, hosted a press conference today and formally announced its entrance into the Egyptian market.
UK Providing $97M for the Benban Project
Britain will invest more than $97 million in the Benban Solar Park.
UK Approves $117M to Finance Iraqi Power Plants
UK Export Finance, a British agency tasked to promote British exports, will provide $117 million in financing to General Electric and Enka UK for the construction of two gas-powered electricity plants in Iraq.
BP Declares 44% Drop in its Profit in Q2 2016
BP reported that its profit for the second quarter of 2016 has dropped by 44% to $720m, compared with $1.3b for the second quarter of 2015.
