DMEA - Downstream Middle East & Africa

13 July 2023

Fire at Iran's Bandar Abbas refinery

12 July 2023

Iran's Aftab Oil Refining Co. (AORC) is dealing with a fire that broke out at its Bandar Abbas refining complex in the southern Iranian port city. State media outlet IRNA reported that eight firefighters had been injured while dealing with the blaze.

ENOC and QatarEnergy sign condensate supply deal

12 July 2023

The UAE’s ENOC Group and QatarEnergy have announced a 10-year agreement for the supply of condensates to ENOC Group, starting from this month.

Sonatrach, TotalEnergies sign $739mn gas production deal, Algeria

11 July 2023

Algeria’s Sonatrach and French firm TotalEnergies have signed contracts focused on boosting gas production under an existing agreement worth $740mn. The deals were signed by Sonatrach CEO Toufik Hakkar and his counterpart Patrick Pouyanne in Algiers.

Edison CEO says EastMed gas pipeline still in play

10 July 2023

Nicola Monti, CEO of Italy’s Edison Group, said last week that the proposed EastMed Gas Pipeline, which would stretch from the gas fields in the East Mediterranean to Crete, Greece and on to Italy, is still a viable project.

UTM Offshore and partners to construct floating LNG plant in Nigeria

6 July 2023

Julius Rone, the chief executive, revealed in a meeting with Nigerian President Bola Tinubu in Abuja that their project's goal is to produce 1.5mn tonnes per year of LNG for international trade.

Iran set to launch six new petrochemical plants worth $2.7bn

6 July 2023

Iran’s National Petrochemical Co. (NPC) has announced that six petrochemical projects look set to begin – part of a push to grow the country's oil sector.