Tag: agreement
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Will the largest deal in the history of the Iranian oil industry with Russia become a binding agreement? (article)
Read in this article These agreements are expected to enhance Iran’s energy infrastructure and production capabilities Persistent technological limitations and hurdles make it difficult to implement these ambitions Memorandums of understanding between Iran and Russia provide a platform for improved cooperation in oil exploration and production It is believed that the partnership between Russia and…
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Aramco signs an agreement to establish the first global center for logistics services in Saudi Arabia
Saudi Aramco signed a new agreement with DHL, the global logistics services company, to establish the first global center for logistics services in the region, in the Kingdom. Today, Monday, March 20 (2023), the popular and integrated Saudi company in the field of energy and chemicals announced the signing of a shareholder agreement to establish…
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Does the Saudi-Iranian agreement support cooperation in the field of energy? (article)
Read in this article • Saudi Arabia plans to invest in Iran’s energy infrastructure • Iran relies heavily on oil and gas as a primary source of income • Investment in Iran can happen quickly when diplomatic relations between the two countries are normalized • Saudi Arabia does not wish to enter into a conflict…
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Russian oil derivatives are witnessing an agreement on the ceiling of their prices
The countries of the European Union, the Group of 7, and Australia agreed on the new price ceiling for Russian oil derivatives, which is scheduled to enter into force starting tomorrow, Sunday, February 5 (2023). And the countries, which met on Friday night, February 3, announced that they had reached an agreement on a new…
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Mafraq field in the Sultanate of Oman wins a joint operating agreement
The Swedish company Maha Energy announced the signing of a joint operating agreement for Block 70 – which includes the Mafraq oil field – in the Sultanate of Oman, more than a month after the Omani authorities approved the deal. Maha Energy – through its wholly owned subsidiary Maha Energy Oman – concluded the agreement…
