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Qatar Petroleum makes a final investment decision to go ahead with the world’s largest LNG project

While new energy projects are shrinking worldwide due to lower demand with the circumstances of the spread of the Corona virus, the government company “Qatar Petroleum” took a final...

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GLOBAL COMPRESSOR MARKET 2021

The oil and gas industry has been hit hard by the COVID-19 pandemic. However, in comparison to other energy sectors, such as exploration and production, which are more directly affected by volatility...

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Libya: The Oil Corporation aims to produce 2.1 million barrels per day in 2024.

The infrastructure of the oil sector in Libya suffers from deficiencies that make it in dire need of continuous maintenance work to repair what the war has damaged. The National Oil...

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Algeria: Continuous deterioration in the oil and gas sector due to mismanagement and lack of investment

Algeria’s oil and gas exports are constantly declining due to mismanagement and lack of investment in the energy sector. Observers believe that the decline is so steep and continuing that...

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The Saudi Minister of Energy warns against complacency in the production cuts, stressing that collective action is necessary to face the challenges

His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz, Minister of Energy, affirmed that the historical production adjustments made by OPEC producing countries and producing countries...

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Egypt starts its first global bid for oil and gas exploration through the digital portal

Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, gave the Egyptian Upstream Gateway “EUG” the signal to start the actual operation, via video conference.  ”...

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Japan’s Cosmo strengthens its partnership with ADNOC and the Abu Dhabi government in offshore exploration operations

The Abu Dhabi National Oil Company (ADNOC) announced the signing of an oil and gas exploration concession agreement, under which the Cosmo Offshore Exploration and Production Company Limited, a...

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Iraq: The Prime Minister stresses the importance of rationalizing the investment of financial resources obtained from the oil prices increase

Prime Minister Mustafa Al-Kazemi held a meeting with the Finance Committee to discuss the financial budget in light of recent price developments in the global market. At the meeting, Al-Kazemi...

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Strategic Partnership between Chemikuwait and Halliburton

Eng. Alaa Hassan, CEO of Chemikuwait for Chemical Industries (CKCI), has expressed her satisfaction at announcing a major achievement by the company. A strategic agreement was signed with Halliburton...

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Mubadala Petroleum wins a contract for oil and gas exploration in the Red Sea, Egypt

Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources in Egypt, signed a concession agreement for oil and gas exploration in “Sector 4” in the deep waters of the Red Sea,...

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