Category: Companies

SOCAR and Petrofac sign an agreement on support services in Azerbaijan

SOCAR’s subsidiary, “SOCAR Midstream Operations Limited”, and the engineering and production service of “Petrofac” have signed a treaty to support the...

Chevron, evaluate with Israel the capability to develop the FLNG project

Chevron, evaluate with Israel the capability to develop the FLNG project (Reuters) – Chevron’s entry into Israel’s Leviathan natural gas field will help...

Sonatrach to lose fuel contract monopoly in Lebanon

Lebanon has decided to diversify its oil suppliers from 2021 after the main supplier, Algeria’s Sonatrach, was accused of providing the Middle East country with...

Total company aiming for fast-tracking production from Bashrush in Nile Delta

The discovery has been made at the well drilled in the North El Hammad license, on the prospect called Bashrush, in the conventional Egyptian waters of the Nile Delta....

Korea Gas Corp. (KOGAS) is betting big on its LNG bunkering business

KOGAS and five other shipping, trading, and logistics firms signed an agreement on setting up a liquefied natural gas (LNG) bunkering joint venture. Under the agreement,...

Chevron acquires Noble Energy in $5bn deal

US energy giant Chevron Corporation has entered into a definitive agreement to acquire Noble Energy in an all-stock transaction valued at $5bn. The total enterprise...

Eni and NOC CEOs met and discuss future partnership

The head of the presidential council of the Libyan Government of National Accord, Fayez al-Sarraj, met Eni’s CEO Claudio Descalzi and his counterpart at the national...

TechnipFMC Signs a Major Engineering Contract with (ANOPC) for a New Hydrocracking Complex in Egypt

TechnipFMC has signed a major(1) Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a...

Israel’s Delek Drilling wants to issue about $2 billion bonds to develop the major Leviathan natural gas field

Israel’s Delek Drilling wants to refinance about $2 billion in loans it had taken to develop the major Leviathan natural gas field either by issuing bonds or...

Neptune Energy announces major milestone at Algerian gas plant

Neptune Energy announces major milestone at Algerian gas plant E&P company Neptune Energy has announced a major milestone for Algeria Touat gas facility, with...