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France’s energy giant Total has signed $27-billion with Iraq to invest in four giant energy projects, reports say, citing Iraqi Oil minister Ihsan Abdul Jabbar. The deal according to Jabbar aims to reduce Iraq’s reliance on fossil fuel. The company Read more
Qatar Petroleum (GP) on Tuesday in a statement said it will take full control in 2022 of Qatargas 1, which produces LNG and related products. Qatargas also known as Qatargas Liquefied Natural Gas Company Limited (QG1), is a joint venture Read more
The Japan Bank for International Cooperation (JBIC) and Mizuho Bank have signed a syndicated bank facility worth $330 million to fund the construction of Qatar’s first mega solar power plant, Japan Times reports. “This loan is expected to contribute to Read more
British-Dutch held Shell and French group Total have agreed to come together as they seek to get exploration and operation deals in Oman’s new gas discoveries located in the Greater Barik area onshore Block 6, Arab Trade online media reports. Read more
Head of French energy group Total has indicated that instructions from Paris and Washington will not deter him to do business with Teheran in reference to US sanctions against foreign companies dealing with Iran. President Trump who has threatened to Read more
Sonatrach and Total are seemingly trying to surpass their disputes with the signing of a comprehensive agreement to strengthen their partnership. Total noted that the agreement would help to settle “outstanding differences” amicably with the state-owned Algerian company. In earlier Read more
State-run Kuwait Oil Company (KOC) is planning to develop new oilfields as part of the government’s plan to produce 4 million barrels of oil per day (bpd) by 2020. Several oilfields have been earmarked for development including the Burgan field; Read more
The Kurdistan region of Iraq, Bina Bawi, has attracted an Austrian Oil company, OMV, which is also partly owned by the Abu Dhabi government, holding 24.9% stake. This company is already pumping gas in this region and it has set Read more
Qatar has concluded a new deal with Total over the Al Khalij offshore oilfield. Both parties signed a 25year agreement as the current deal nears its end. Total discovered the oilfield and started production on the oilfield in 1991 and Read more
After the bomb attacks on its pipeline with no one claiming responsibility, liquefied natural gas is once more making its way to the port for export. Last month, the pipeline which is tasked with transporting Yemen’s liquefied natural gas pipeline Read more