DMEA - Downstream Middle East & Africa

5 October 2023

Bahrain’s Bapco Energies nearing asset monetisation move

4 October 2023

Bahrain’s state oil and gas holding company Bapco Energies said this week that it could announce plans to leverage its assets to raise funds, more than 18 months after it hired advisers to support such a move.

Iran to build new oil refinery in Syria under trilateral deal

2 October 2023

Iran plans to construct an oil refinery in Syria’s Homs Province under a trilateral deal signed with the Syria and Venezuelan governments, IRNA said in a report on October 1.

State media denies Iranian oil minister’s resignation

2 October 2023

Citing “informed sources” in the Iranian Oil Ministry, IRNA said Owji was “following up on the issues related to his ministry,” rejecting reports about his resignations as “false news.”

Chinese firms complete Iraq’s Halfaya gas plant

2 October 2023

Iraq this week launched a gas processing plant at the Halfaya oilfield in Maysan Governorate, following completion of work on the facility by the Chinese developer and its contractor.