News
BP signs deal to drill five gas wells offshore Egypt

  The agreement comes as bp plans to increase production to 2.3-2.5 million boed in 2030 with the capacity to increase production out to 2035. It follows a successful exploration campaign in the...

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Iraq Discusses Establishing Oil Pipeline from Basra to the Sultanate of Oman

Iraq Oil Marketing Organization (SOMO) has signed memoranda of understanding with the Sultanate of Oman to facilitate the marketing of Iraqi oil. Company sources indicate that discussions are...

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QatarEnergy Signs Long-Term Helium Supply Agreement with Germany’s Messier

Helium is an essential component in many advanced fields and technologies, including MRI, semiconductor manufacturing, quantum computing, fiber optics, and space exploration.   Recently,...

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Kuwait Considers Leasing 13 Pipelines to collect Up to $7 Billion

Kuwait is OPEC’s fifth-largest oil producer. Currently, the Kuwait Petroleum Corporation (KPC) is studying leasing 13 pipelines for 25 years to finance a $65 billion investment plan covering...

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Oman: OQ Exploration and Production Looks to Unveil New Projects

OQ Exploration and Production (a subsidiary of the Omani OQ Group) is the sole oil and gas operator owned by the Sultanate of Oman. The company’s total production in 2023 represented...

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Egypt: Apache plans to increase its natural gas production in Egypt by 15% by fourth quarter 2025.

Egypt seeks to increase its domestic oil and gas production by encouraging investment partners and committing to paying dues to foreign oil companies, according to Egyptian Minister of Petroleum and...

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Egypt: Apache plans to increase its natural gas production in Egypt by 15% by fourth quarter 2025.

Egypt seeks to increase its domestic oil and gas production by encouraging investment partners and committing to paying dues to foreign oil companies, according to Egyptian Minister of Petroleum and...

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Egypt: Apache plans to increase its natural gas production in Egypt by 15% by fourth quarter 2025.

Egypt seeks to increase its domestic oil and gas production by encouraging investment partners and committing to paying dues to foreign oil companies, according to Egyptian Minister of Petroleum and...

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Egypt Signs Solar Energy Project with UAE, Bahrain, and China

Egypt signed a land usufruct agreement with investors from the UAE, Bahrain, and China to establish an integrated industrial complex on an area of ​​200,000 square meters in the Sokhna Industrial...

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Libya Cooperates with the United States to Develop the Oil and Clean Energy Sector

Libya Cooperates with the United States to Develop the Oil and Clean Energy Sector   The Minister of Oil and Gas of the Libyan Government of National Unity, Khalifa Abdul-Sadig, met with Jeremy...

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