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Egypt in talks with UGS to drop USD 2 bn arbitration claim over Damietta liquefaction plant
Egypt is in talks with Spanish-Italian JV Union Fenosa Gas (UGS) in a bid to have the European outfit drop…
Saipem negotiates USD 1.2 bn contract for more Zohr EPCI work
Italian contractor Saipem, 30% owned by Italian oil and gas major Eni, has landed a USD 1.2 bn contract for…
BP and Mubadala Petroleum buy stakes in Egypt’s Nour concession
INVESTMENT WATCH- BP buys 25% stake in Eni’s Nour concession: BP has acquired a 25% stake in the Nour concession…
Eni to drill tenth well in Egypt’s Zohr field next January
Italy’s Eni will begin drilling its tenth well in the Zohr gas field in January 2019 at a cost of…
Jordan wants to increase natural gas imports from Egypt
Jordan wants to import more natural gas from Egypt — enough to eventually cover as much as a third of…
UAE’s Mubadala buys 20% interest in Egypt’s Nour concession
M&A WATCH- UAE’s Mubadala buys 20% interest in Egypt’s Nour concession: The UAE’s Mubadala Petroleum has agreed to buy a…
Oil Ministry is in talks with UGS to reduce Egypt’s USD 2 bn settlement payment over Damietta gas supply interruptions
The Oil Ministry is in talks with Spanish-Italian JV Union Fenosa Gas (UGS) to reduce a USD 2 bn settlement…
Eni-Naturgy JV looking to re-launch operations at Damietta LNG facility in 2019
Italy’s Eni and its Spanish partner Naturgy are in “advanced talks” to re-launch operations at their Damietta LNG facility in…
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