Iraq to offer oil fields directly to foreign firms
The Iraqi oil ministry will negotiate directly with international oil companies (IOCs) and consortiums in the upcoming bidding of a...
Oil & Gas
Egypt targets 5 billion cubic feet gas production in FY2017/18
Egypt plans to increase its natural gas production to five billion cubic feet per day from 4.35 billion within 2017-2018,...
Total to invest $200 million in Egypt over next 5 years
French energy company Total is expected to inject $200 million in new investments into the Egyptian market over the next...
Abu Dhabi National Oil Company consolidates offshore operations
Following a series of high-profile consolidations in Abu Dhabi this year, the Abu Dhabi National Oil Company (ADNOC) is the...
Egypt’s oil and gas sector rallies
Even amid a backdrop of low global commodity prices, new oil and gas discoveries are continuing to drive investment in...
Cyprus and Egypt sign an agreement paving way for gas pipeline
Cyprus and Egypt have signed an agreement paving the way for the supply of Cypriot gas to the Arab nation...
Operations on Qatar’s $10 billion Barzan gas project due in November
Reuters was informed by the sources close to the project and who chose anonymity as the information was not public...
Shell discovers 500 billion cubic feet of natural gas in Egypt’s western desert
New natural gas discoveries were made earlier this month in Egypt’s western desert, announced Royal Dutch Shell plc, commonly known...
Wyndham Group: Iraq is back in business
Foreign Direct Investment (FDI) is rising again in Iraq, The Wall Street Journal reports. The WSJ article notes General Electric’s...
Oil firms to restart investment in Iraq
Reuters reports that Baghdad has reached agreement with BP, Shell and Lukoil to restart stalled investment in Iraqi oil fields,...
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