US | Egypt Oil & Gas - Part 14

Iranian South Pars Gas Condensate Exports Rise by 149%

Exports of gas condensate from Iran’s South Pars gas field rose by 149% in May 2018.

EU Legislation to Circumvent US Sanctions on Iran

The European Union is updating legislation to allow European companies to avoid US sanctions when doing business with Iran.

Iran, Pergas Sign Deal to Develop Keranj Field

Iran and international consortium Pergas have signed a preliminary deal for the development of an oil field in southwestern Iran.

Iran: Domestic Companies Capable of Developing Farzad B Gas Field

Iran will award Farzad B gas field to domestic Iranian contractors if India withdraws from negotiations over the field’s development.

Iran Deal: Saudi Arabia Will Not Act Unilaterally in Oil Markets

Riyadh is working closely with the UAE and Russia on "coordination and market consultations," regarding the impact of US President Donald Trump’s decision to pull out of the 2015 Iran nuclear deal, an OPEC source ...

UAE Replaces Qatar Condensate with US Oil Cargo

Abu Dhabi National Oil Company (ADNOC) purchased an American Eagle Ford condensate cargo in a tender for September arrival.

Aramco to Invest $18b in Expansion in the Americas

Saudi Aramco plans to spend $18b in the next five years to expand its operations in the Americas.

Saudi Arabia Strenghen Ties With US

US companies signed deals worth billions of dollars with Saudi Arabia’s oil and gas industry.

OPEC Loses $76b for US Shale

OPEC lost $76b in 2016 due to low oil prices caused by rising US oil production.

Nigeria Loses Oil buyers to the US

While Nigeria has been struggling to recover from the militant attacks that affected its crude oil productions and exports, the US crude oil exports emerged into markets that Nigeria used to dominate.

Page 14 of 26

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