UK | Egypt Oil & Gas - Part 6

Saudi Arabia, UK Discuss Aramco IPO

King Salman of Saudi Arabia has met with Philip Hammond, the UK’s Minister of Treasury (Chancellor of the Exchequer), in Jeddah to tackle investments between the two countries, the Washington Post reported. During his...

Two Oil Tankers Evacuated in Gulf of Oman

The United Kingdom Maritime Trade Operations (UKMTO) has warned of an unspecified incident that reportedly took place in the Gulf of Oman, urging extreme caution, Gulf News reports. Meanwhile, Bloomberg has reported t...

KPC Inks MoU with Britain for Loans, Credit Facilities

Kuwait Petroleum Corporation (KPC) has inked a memorandum of understanding (MoU) with Britain for up to $3 billion in loans and credit facilities, Zawya reported citing Reuters. The United Kingdom (UK)’s credit ...

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, The Libya Herald reported. The statem...

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, according to Reut...

Egypt, UK Discuss Hydrocarbon Investments

Egyptian petroleum minister Tarek El Molla met with the UK’s Investment Minister, Graham Stuart, to discuss increasing investments between the two countries in the oil and natural gas industries, Egypt Oil &...

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 on April 8, LNG World News reported. Royal Dutch Shell hired the Maran Gas Apollonia to deliver the ...

Egypt, ATKINS Discuss Renewable Energy Projects

UK’s ATKINS shows interest in Egypt’s renewable energy cooperation, especially in the wind energy field, Al Mal News reported. This came during the meeting of Egyptian Minister of Electricity and Renewable Energy, Moh...

Aggreko Enters the Egyptian Market

The power-management company, Aggreko, hosted press conference today and formally announced its entrance into the Egyptian market, Egypt Oil & Gas reports. The company specializes in the rental of electricity gene...

UK Providing $97M for the Benban Project

Britain will invest more than $97 million in the Benban Solar Park, the British Embassy announced, according to Al Ahram. The funds are part of the $653 million loan package put together by the International Financial...

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