Total signs deal with Sonatrach to develop Algeria gas

Total signed deals with Algeria’s Sonatrach that will see the companies jointly develop the Erg Issouane gas field and set up a...

Saudi Arabia may restart oilfield production in Kuwait deal

Saudi Arabia’s crown prince said he’s getting close to striking a deal with Kuwait about two jointly owned oil fields

Saudi Arabia to invest in oil refinery at Pakistan’s Gwadar

Saudi Arabia has agreed in principle to invest in a new oil refinery in Pakistan’s deep-water port of Gwadar

Sipchem to acquire Sahara Petchem in a $2 bln deal

Saudi International Petrochemical Company (Sipchem) entered into a non-binding agreement with Sahara Petrochemicals to acquire the...

ENOC seeks Malta growth with Enemed partnership

ENOC Group signed a preliminary agreement with Enemed, the state-owned fuel distributor and supplier in Malta, to strengthen...

Rex to maintain Oman block stake on new upside potential

Singapore’s Rex International said it cancelled plans for a farm out in Oman’s offshore Block 50 following “very encouraging"...

Morocco to launch $4.5 bln LNG project tenders

Morocco will soon launch tenders for a $4.5 billion liquefied natural gas (LNG) project in Jorf Lasfar

Iran commissions coastal crude oil storage facility

National Iranian Oil Company’s development unit signed a €200 million deal with a local firm for the construction of a crude oil...

Aramco Asia, China University of Petroleum ink deal

Saudi Aramco said it recently signed an agreement with China University of Petroleum in Beijing to enhance their partnership and...

OMV starts Abu Dhabi offshore oil production

Austria’s OMV said it has begun production at Abu Dhabi’s offshore Umm Lulu and SARB fields, having signed a concession in the...