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Crescent Petroleum signs three contracts to develop Iraqi oil and gas fields

Crescent Petroleum, the Middle East’s oldest privately-owned upstream oil and gas company, has signed three 20-year agreements with Iraq’s Ministry of Oil to appraise, develop, and produce oil and gas from two blocks in Diyala governorate and one in Basra governorate. The agreements will deliver much needed natural gas to fuel nearby power plants and […]

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Oman signs major gas supply deal with Turkey

Oman LNG has signed a long-term agreement with Turkey’s BOTAS Petroleum Pipeline Corporation to supply 1 million metric tonnes (MMmt) of LNG annually for ten years. According to the agreement signed with BOTAS, Oman LNG will start supplying gas to Turkey in 2025. The agreement helps strengthen its partnerships with international firms in the energy […]

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Eni, Snam finalise $438 million pipeline deal

Italian energy infrastructure company Snam earlier this week closed the acquisition of a 49.9% of the equity interest directly and indirectly held by Eni in the companies operating two groups of international gas pipelines connecting Algeria to Italy. The scope of the transaction includes the onshore gas pipelines running from the Algeria and Tunisia borders to […]