- 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
- Increasing electrical interconnection capacities to export electricity beyond borders
- Qatar Energy stops sending liquefied gas tankers through the Red Sea for security reasons
- The inauguration of the Duqm Refinery, the largest joint Gulf project in the refinery sector
- Saudi oil exports are faltering due to Houthi attacks on ships in the Red Sea and Gulf of Aden
- Algeria to host and chair the Gas Exporting Countries Forum summit (February 29 to March 2, 2024)
- Egypt Energy Conference and Exhibition 2024 gives a strong impetus to the global energy dialogue
Iraq denies excluding Exxon Mobil from a huge oil agreement
According to Reuters, Iraq’s oil ministry said it was still in talks with US giant Exxon Mobil on a huge deal to improve Iraq’s oil infrastructure.
The ministry said its agreement with BP and Italy’s Eni is not part of the $ 53 billion southern Iraq project for 30 years, but it pertain the supply of materials for two offshore oil pipelines for export across the Gulf.
Iraq is close to reaching an agreement with BP and Eni on an export pipeline project that was initially expected to be part of the huge deal with Exxon Mobil.
The ministry confirms the continuation of negotiations with the US company Exxon Mobil. The statement added that “the absence of an agreement or the conclusion of a contract between the parties, does not mean the end of negotiations or the exclusion of Exxon Mobil from the project.
The integrated South project includes a number of projects including the development of two oil fields and the expansion of storage, transportation and export, as well as the construction of two units for the processing and manufacture of gas.
