Egypt to buy majority oil product imports from UAE
Egyptian General Petroleum Corporation (EGPC) will buy 65 per cent of its oil product imports from the UAE’s ADNOC for a year
Industry
Oman Oil Company signs US$1.85 billion revolving credit facility
Oman’s energy investment firm Oman Oil Company (OOC) has signed a revolving credit facility (RCF) agreement worth US$1.85bn with 16 local, regional and international banks
UAE to ship petroleum products worth US$9 billion to Egypt
The UAE will provide about US$9bn worth of petroleum products to Egypt over the next year, according to Egyptian Oil Ministry
German Oman joint venture to provide fuel delivery facility at Sohar Port
Omanoil Matrix Marine Services LLC, a joint venture (JV) between German’s Matrix Marine Holding and Oman Oil, will offer ex-pipe fuel deliveries to the Sohar Port and Freezone’s liquid bulk terminal
KPC and Sinopec enter a 10-year crude oil supply deal
Kuwait Petroleum Corporation (KPC) signs 10-year deal with China’s Sinopec to double its supplies of crude oil to China
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