DMEA - Downstream Middle East & Africa

Category
Oil & Gas

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Overview

In a region which has shown both extensive investment and increased instability over the past few years, MEA merits a significant degree of technically minded and industry-focused coverage.

While DMEA details mid- and downstream company activity throughout the Middle East and Africa, it also contains information of tender announcements and awards, allowing our customers to be kept aware of what their competitors are up to as well as informing them of new opportunities.

DMEA is a fully digital publication and can be read via PDF, PageSuite or via our NewsBase App.

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Uganda set to announce winning bid for Hoima refinery in November

19 October 2023

Uganda is expecting to announce a winner in November from four groups of bidders competing for the proposed 60,000 barrel per day (bpd) Hoima oil refinery, according to comments made by Energy Minister Ruth Nankabirwa on October 17.

Suez Canal Economic Zone signs green project agreements worth $14.75bn

19 October 2023

Egypt’s Suez Canal Economic Zone (SCZone) signed multiple energy agreements worth $14.75bn according to a statement released by the Egyptian cabinet on Tuesday, opening new possibilities for sustainable energy in the region.

QatarEnergy and Shell sign deals to supply LNG to Netherlands

19 October 2023

State-owned QatarEnergy and IOC partner Shell this week signed two long-term sale and purchase agreements to supply up to 3.5mn tonnes per year of LNG from Qatar to the Netherlands.

Iran calls for industrial investment in natural gas storage

17 October 2023

The National Iranian Gas Co. (NIGC) has called on large industries to invest in the aboveground storage of natural gas, as the country seeks to improve its ability to manage and respond to fluctuations in energy demand effectively.

Iran’s petchem output to hit 78mn tonnes this year, says NPC chief

16 October 2023

Iran is expected to produce 78mn tonnes of petrochemical products by the end of the current Persian calendar year (March 19, 2024), the CEO of the National Petrochemical Co. (NPC) said.

Middle East instability threatens regional LNG exports

12 October 2023

The ongoing conflict between Hamas and Israel is casting a shadow over Israel's natural gas exports, but the broader concern in the global natural gas market hinges on the potential for the conflict to escalate further.

Nigeria brings back fuel subsidies

12 October 2023

The president of PENGASSAN, Festus Osifo, has announced that Nigeria is reinstating fuel subsidies.

Bunkering to resume at port of Mombasa

12 October 2023

The refuelling of cargo vessels at the port of Mombasa in Kenya is set to resume in October following an announcement by the Kenya Ports Authority and Kenya Revenue Authority stating they had closed various loopholes previously used to dodge taxes.

Saudi Arabia creates EV infrastructure company

12 October 2023

Saudi Electricity Co. (SEC) and the country’s Public Investment Fund (PIF) launched a company to develop electric vehicle charging infrastructure in Saudi Arabia on Sunday, 8 October.

Excessive energy consumption costs Iran $100bn annually, speaker says

11 October 2023

Iran’s Parliament Speaker, Mohammad-Baqer Qalibaf, said that excessive energy consumption was taking a heavy toll on the country, inflicting an annual loss of some $100bn.

Iran to expand crude processing with ‘strategic’ push for petro-refineries, say MP

11 October 2023

Iran is making a “strategic” push toward building more petroleum refineries, a lawmaker said, after the parliament gave the go-ahead to the Oil Ministry to seek foreign investments to expand the country’s crude processing capacity.

Iraq sets itself up for new gas imports

10 October 2023

The Iraqi government is stepping up efforts to diversify its gas import options as the country works to capture associated gas and develop standalone assets.

Iran MPs allow Oil Ministry to seek foreign refinery investments

10 October 2023

Iran's parliament has granted the Oil Ministry the authority to go into partnership with foreign companies for the construction of new refineries in the country.

San Leon Energy gets $187mn investment from TRAM, ups stake in Nigerian crude transport company

10 October 2023

AIM-listed San Leon Energy has received an investment of up to $187mn from US-based Tri Ri Asset Management (TRAM), which it said on Tuesday, October 10 it has used to raise its stake in Energy Link Infrastructure.

COMMENT: Oil markets on tenterhooks as Hamas attack on Israel stokes contagion fears

10 October 2023

Global oil markets face the possibility of a price spike following the surprise attack by Hamas militants on Israel, which has seen hundreds killed and the start of a new war that could potentially threaten energy flows in the region.

Iran to raise polymer output by 36% by 2025

9 October 2023

Iran plans to raise its annual polymer production capacity by 36% in less than two years to get a bigger share of the Middle East’s 36mn-tonne pie, a senior manager at Aryasasol Polymer Co. said,

Natural gas could power Africa’s industrialisation process and end the region’s huge energy poverty

6 October 2023

Africa must be allowed to exploit its vast natural gas reserves so that it can undergo a wholesale industrialisation process and so that energy can be brought to millions of homes.

Fuel theft continues in Nigeria

5 October 2023

Fuel smuggling in Nigeria continues to rise despite the removal of subsidies in Nigeria four months ago, a policy that was supposed to severely hamper organised crime in the country’s oil and gas sector.

Edited by

Frazer Simm

Editor

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