Egypt and British oil major BP have signed LNG supply deal for two years, which is, however, less than earlier figure proposed, official sources have announced
Gas
‘Qatar has gas reserves to last 138 years’
A report from Qatar National Bank (QNB) has stated that the country’s gas reserves can maintain production at current rates for the next 138 years
Sound Oil signs farm-in deal for Moroccan licence
Sound Oil, Mediterranean-focused upstream energy company, has entered into a farm-in agreement with the Moroccan Oil and Gas Investment Fund for the Tendrara Licence onshore the North African country
Dana Gas commences drilling onshore Nile Delta
UAE-based natural gas company Dana Gas has begun drilling the Balsam-2 development well in the Balsam Development lease onshore the Nile Delta
‘Iraq self-sufficient in producing liquid gas’
Iraq has achieved self-sufficiency in the production of liquid gas for generation of household electricity, oil minister Adil Abdul-Mahdi has announced
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