Petrofac wins $110m Iraqi contracts

Petrofac has secured a new award and a number of contract extensions, with a combined value of more than US$110 million, for construction management, engineering, commissioning and start-up services for international oil company clients in Iraq. Petrofac has been active in Iraq since 2010 and has developed a significant track record in delivering a range of

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EGYPT: EGAS begins gas connection project

The oil ministry has started the project that aims to connect more houses to the national gas grid, Egypt Oil & Gas reports. The Egyptian Natural Gas Holding Company (EGAS) organized a workshop for the project’s team on June 25. The current phase of the project focuses on the technological aspect of the project including

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Angolan oil company chooses foreign supplier for fuel

The Angolan National Society of Fuels (Sonangol) chose the French company Total as a supplier of one million 200 thousand tons of gasoline until March next year, stated the news here today. This selection arose from a public contest launched last January, to which about twenty European, Asian and US companies were presented.The contract was

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EGYPT: El-Molla remains as petroleum minister

Tarek El Molla was sworn in on Thursday 14 June by President Abdel Fattah El Sisi as the Minister of Petroleum and Mineral Resources, Egypt Oil & Gas reports. El Molla will be serving under the new Prime Minister Mostafa Madbouly who replaced Sherif Ismail last week. The Ismail cabinet resigned on June 5 in

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Thyssenkrupp to Work on 5 Petrochemical Projects

German industrial company Thyssenkrupp will work on five new petrochemical projects in collaboration with Egyptian companies, Egypt Oil & Gas reports. Thyssenkrupp will construct a polybutadiene factory with the Egyptian Ethylene and Derivatives Company, propylene and polypropylene factories with the Sidi Kerir Petrochemicals Company, and a formaldehyde factory at Damietta Port. The German group is

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Nigerian oil exports to fall to 2018 low in July

Nigeria’s oil exports are expected to fall in July to just 1.43 million barrels per day (bpd), loading plans showed on Monday, the lowest level so far this year. The export plan comprised 48 cargoes, compared with 60 cargoes and a daily rate of 1.796 million bpd in June, due in part to an outage

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