After India, Adnoc enters China to explore oil and gas investmentsInternational Finance DeskJuly 23, 2019December 18, 2019 by International Finance DeskJuly 23, 2019December 18, 2019 Adnoc and China's Cnooc will assess opportunities for partnerships and co-investments in the LNG sector... Read more
McDermott wins two contracts worth $4.5 bn for Aramco’s mega projectInternational Finance DeskJuly 12, 2019December 18, 2019 by International Finance DeskJuly 12, 2019December 18, 2019 The Marjan Increment Development Project is anticipated to increase production from 500,000 to 800,000 barrels per day... Read more
HitecVision, Oman’s Petrogas to buy Total’s British oilfields for $635 mnInternational Finance DeskJuly 11, 2019December 18, 2019 by International Finance DeskJuly 11, 2019December 18, 2019 The portfolio includes Total’s oilfields in Dumbarton, Balloch, Lochranza, Drumtochty, Flyndre and Affleck... Read more
NBK Capital to advise Kuwait Petroleum on $2 billion financingInternational Finance DeskJuly 10, 2019December 18, 2019 by International Finance DeskJuly 10, 2019December 18, 2019 Kuwait Petroleum is planning to invest hundreds of billions of dollars to reach production capacity of 4.75 million barrels per day by 2040... Read more
Chevron, Qatar Petroleum sign petrochemical deal worth $8 bnInternational Finance DeskJuly 10, 2019December 18, 2019 by International Finance DeskJuly 10, 2019December 18, 2019 Chevron will hold a higher stake in the project and be responsible for the facility’s operation... Read more
Turkey stokes tension with second oil exploration in MediterraneanInternational Finance DeskJuly 9, 2019December 18, 2019 by International Finance DeskJuly 9, 2019December 18, 2019 The second drillship called the Yavuz had arrived off the east coast of Cyprus overnight, according to Refinitiv Eikon data... Read more
Kenya, Tanzania plan to explore natural gas tradingInternational Finance DeskJuly 8, 2019December 18, 2019 by International Finance DeskJuly 8, 2019December 18, 2019 Tanzania President John Magufuli said “We have natural gas, a lot of gas. We know Kenya needs gas”... Read more
China issues more crude import quotas to bring in 56.85 mn tonnes of oilInternational Finance DeskJuly 8, 2019December 18, 2019 by International Finance DeskJuly 8, 2019December 18, 2019 China’s total quotas issued for 2019 will go up to 151 million tonnes of crude oil or about 3.02 million barrels per day... Read more
Iraq to export crude to Oman; Arab nations to start shared refineryInternational Finance DeskJuly 5, 2019December 18, 2019 by International Finance DeskJuly 5, 2019December 18, 2019 Under the terms of a new MoU, Iraq will export crude to Oman and set-up storage facilities in both countries... Read more
As Saudi Aramco prepares to restart IPO, investment banks line upInternational Finance DeskJuly 3, 2019December 18, 2019 by International Finance DeskJuly 3, 2019December 18, 2019 "We have always been clear that the IPO will happen in the 2020-2021 timeframe," Saudi Energy Minister Khalid Al Falih said.... Read more