- The International Energy Agency expects oil demand growth to slow in 2024
- The International Monetary Fund re-selects Kristalina Georgieva as its director
- Libya to target producing 1.4 million b/d by end 2024
- TotalEnergies launches the Marsa LNG project and deploys it multi-energy strategy in Oman
- H.E. Minister Al-Kaabi: Demand for oil and gas will continue for long; we have to be responsible, and Qatar is doing its part
- Egypt to stop exporting LNG starting from the beginning of May 2024
- QatarEnergy selects Nakilat to own and operate 25 conventional LNG vessels
- The joint development of the Dorra field between Saudi Arabia and Kuwait is pending the demarcation of the border with Iran
- Minister of Energy reaffirms the UAE’s commitment to adopting clean energy and supporting the Paris Agreement
- The new Hassi Messaoud refinery enjoys the support of the government and President Tebboune
Egyptian oil companies won new contracts outside Egypt
Minister of Petroleum and Mineral Resources Tariq al-Mulla confirmed that Egyptian oil companies won new contracts outside Egypt. He added that investments from the Egyptian companies in foreign projects will contribute to the added value of the national economy.
According to a report from Alaa Hijazi, President of ENPI, the company won a global tender of more than half a billion dollars for the implementation of the petroleum project in Saudi Arabia to process crude oil to increase production rates.
ENPPI’s scope of work includes basic and detailed designs, procurement of tasks, implementation work, pre-operation and operational support. With ENPPI winning the project, the total volume of its operations in the implementation of oil projects in Saudi Arabia will reach more than $ 1.25 billion.
This project represents a new qualitative shift for ENPPI in terms of volume and technical techniques to be implemented by the project.
