Latest MEA - Oil & Gas News
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PIF acquires 25% stake in Alkhorayef Petroleum
Oil & Gas MENAThe Saudi Arabia's Public Investment Fund has secured a 25% shareholding in Alkhorayef Petroleum – a lift systems manufacturer and services provider
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Mitsui extends Oman LNG investment
Oil & Gas MENAMitsui & Co. has reached agreement with the government of Oman to extend its interest in the Oman LNG project, the company said this week
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Korea, Saudi Arabia partner for ammonia, hydrogen
Oil & Gas MENAKorea and Saudi Arabia have signed several MoUs to develop alternative energy projects, including a blue ammonia production plant worth $15.5 billion
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Egypt's SCZone signs agreements for green projects
Oil & Gas MENAThe Suez Canal Economic Zone has signed agreements with Chinese companies to produce green energy projects with investments of $14.75 billion
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Khalid joins APICORP, Saudi Arabia
Oil & Gas MENAStandard Chartered Bank executive Bilal Khalid has left after 16 years to join Arab Petroleum Investments Corporation as head of hydrocarbons and decarbonisation in Riyadh
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Aramco takes minority in MidOcean Energy, Saudi Arabia
Oil & Gas MENAAramco has agreed to acquire a minority stake in liquefied natural gas company MidOcean Energy for around $500 million, with the option to increase the size of its shareholding
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Prostar sells GTI Fujairah, UAE
Oil & Gas MENAProstar Capital has closed the sale of its bulk liquid storage terminal facility in the United Arab Emirates – GTI Fujairah – to Mercantile & Maritime Group
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PIF, QIA among anchor investors in OQ Gas Networks' IPO
Oil & Gas MENASaudi Omani Investment Company, the Qatar Investment Authority and Fluxys International have been unveiled as the anchor investors in OQ Gas Networks' upcoming IPO
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Fluxys to buy stake in Omani gas network operator
Oil & Gas MENAFluxys has agreed to become an anchor investor in the upcoming IPO of Omani state-owned transmission network operator OQ Gas Networks by acquiring a 4.9% stake
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SDX enters agreement to sell Egyptian assets
Oil & Gas MENASDX on Wednesday said it has entered into a non-binding agreement to divest all of its Egyptian assets
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ROVOP bags Energean contract
Oil & Gas MENAROVOP, a supplier of remotely operated vehicles, has struck a long-term high-value contract with Energean, a gas-focused E&P company in the Eastern Mediterranean
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Wicks joins Mayer Brown’s energy group in Dubai
Oil & Gas MENAMayer Brown has brought in Anne-Marie Wicks from White & Case as a partner within its global energy group in Dubai
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ADNOC awards $3.6bn gas infra contract
Oil & Gas MENAAbu Dhabi’s ADNOC Gas has awarded a $3.6 billion contract to a joint venture between Tecnicas Reunidas and the NPCC for a gas processing infra project
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Masdar hires Chakour from SMBC, UAE
Oil & Gas MENAMubadala’s renewables development arm Masdar has hired Ismail Chakour as its head of structured finance in Abu Dhabi
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Rogers joins Habib Al Mulla & Partners, Dubai
Oil & Gas MENAHabib Al Mulla & Partners has hired experienced energy and infrastructure lawyer Gerry Rogers as partner in Dubai