Oman implementing $26bn oil and gas, petchem projects
Oman is currently implementing a string of projects worth $26 billion aimed at the sultanate's economic diversification, a senior official...
Oil & Gas
Eni announces new gas discovery in Egypt
Italian Oil Company Eni announced on Thursday a new gas discovery under evaluation in the Nour exploration prospect located in...
Egypt signs $20mn agreement with German DEA to explore oil, gas
Minister of Petroleum Tarek el-Molla signed a new petroleum agreement with German company DEA, with investment worth $20 million. Petroleum...
World Iraq’s oil exports averaged 3.6 million bpd in February: Ministry
Iraq exported an average of 3.62 million barrels per day (bpd) of oil in February, a figure slightly less than...
Egypt about to become main energy hub in Middle East
A French website specialized in environment and sustainable development stressed that Egypt is moving towards being an important energy hub...
Adnoc to build $1.21bn underground crude oil storage
The Abu Dhabi National Oil Company (Adnoc) said that it is building the world’s largest single underground project ever awarded...
Egypt to provide Lebanon with LNG in new power plan
Lebanon is considering importing liquefied natural gas from Egypt, Energy Minister Nada Boustani said Tuesday, in the latest indication that...
Second oil licensing bid to be launched
The Cabinet will launch the second oil and gas licensing round in the next few weeks, according to an article...
Egypt works on contract to attract more investment in oil sector
Minister of Petroleum Tarek el-Molla said that Egypt is working on completing a new oil and gas contract to attract...
NMDC wins $1.36bn Abu Dhabi island construction contract
UAE-based National Marine Dredging Company (NMDC) has been awarded a major contract by Abu Dhabi National Oil Company (Adnoc) to...
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