DMEA - Downstream Middle East & Africa

23 September 2022

OQ reportedly chooses BoA, Bank Muscat to assist with sale of gas pipeline unit

22 September 2022

OQ, the state energy investment company of Oman, has reportedly chosen US-based Bank of America and a local lender, Bank Muscat, to provide assistance with the upcoming listing of its natural gas pipeline unit.

Germany aims to sign LNG supply deals with UAE

21 September 2022

Germany’s Economic Affairs and Climate Action Minister Robert Habeck said on September 19 that Chancellor Olaf Scholz was set to sign contracts for LNG supplies during an upcoming trip to the UAE.

DMEA: Iran offers to complete gas pipeline to Pakistan

21 September 2022

Mohammed Ali Hosseini, the Iranian ambassador to Pakistan, says Tehran is prepared to complete a natural gas pipeline to neighbouring Pakistan as part of a wider effort to expand ties in the energy sector.

AfrOil: UNOC sees EACOP financing wrapped up soon

21 September 2022

A representative of Uganda National Oil Co. (UNOC) has said that the East Africa Crude Oil Pipeline (EACOP) consortium expects to wrap up arrangements for funding its $4bn project by the end of November.

ARIA Commodities to build four new downstream facilities in Hamriyah Free Zone

20 September 2022

UAE-based ARIA Commodities has announced plans to invest AED154mn ($41.93mn) in the construction of four new downstream and petrochemical facilities in the Hamriyah Free Zone (HFZA) in Sharjah.

East Pipes invites shareholders to vote on capital increase

19 September 2022

Saudi Arabia’s East Pipes, a manufacturer of steel pipes for oil, gas and water transportation, said on September 19 that it had invited its shareholders to vote on a proposed capital increase.

Nigeria touts multiple gas export options

16 September 2022

Nigerian officials are talking up plans to export gas via pipelines to Morocco and Algeria and in the form of LNG – and are pledging to send more gas to Europe in the coming winter.