Dubai’s ENOC Group and Proserv Egypt, the oil and gas company, have signed a joint venture (JV) agreement to establish ENOC Misr, its first on-ground operations in the lubricants sector in Egypt
Gas
Shell to spend US$54.6bn on oil, gas upstream projects by 2025
Total new-build capital expenditure (capex) of US$846bn is expected to be spent globally on planned and announced upstream projects from 2019 to 2025
L&T Hydrocarbon Engineering to build gas plants in Algeria
Indian multi-national Larsen & Toubro (L&T), through its subsidiary Larsen & Toubro Hydrocarbon Engineering Limited (LTHE), said it has won a mega order from Sonatrach-Algeria
Saudi Arabia’s oil sector to grow by 1.6 per cent in 2019: Jadwa Investment
Saudi Arabia’s economic growth is expected to reach two per cent in 2019, said Jadwa Investment, a capital market company
BP starts off production at Egypt’s West Nile Delta project
Oil and gas firm BP has announced the first gas production from the second stage of its West Nile Delta development offshore Egypt