Egypt signs 4 oil and gas deals worth $155 mn: Petroleum ministry
Egypt signed four oil and natural gas exploration agreements worth $155 million on Wednesday. Excavations are to take place in...
Oil & Gas
Oil companies to drill for gas starting January 2020
Lebanon gave the green light to the consortium of oil companies to start drilling for gas in Block 4 in...
Abu Dhabi, Kuwait sovereign funds plan investment in Aramco IPO: sources
The sovereign wealth funds of Abu Dhabi and Kuwait plan to invest in the initial public offering (IPO) of Saudi...
Siemens and Mannai sign agreement to expand cooperation
Siemens Qatar and a subsidiary of Mannai Corporation—Manweir—yesterday signed an agreement to develop repair services for compressors and steam turbines...
UAE announces major new oil, gas discoveries
The United Arab Emirates, a leading OPEC producer, announced "significant" oil and gas discoveries and introduced a new pricing mechanism...
Iraq, China launch ‘oil for reconstruction’ agreement
When Iraqi Prime Minister Adel Abdul Mahdi led a delegation to China in September, Baghdad and Beijing activated an "oil...
First oil, gas exploration equipment arrives in Beirut
The first shipment of equipment to be used for Lebanon’s inaugural oil and gas drilling exploration in the Mediterranean Sea...
Exploring Lebanon’s Block 4 will take 55 days: LPA
Oil companies will need 55 days to determine if there are hydrocarbons in offshore Block 4, the head of the...
Qatar, South Africa working to develop LNG terminal
Qatar and South Africa are working aggressively to expand energy cooperation, which includes developing infrastructure and an LNG terminal in...
New pipeline in works to transport Iraqi oil to Turkey
Ankara and Baghdad are working toward building a new oil pipeline with the capacity to transport one million barrels per...
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