Tag: agreements
-
Malaysia’s Petronas signs production sharing agreements in 9 exploration sites
The Malaysian company Petronas, which specializes in oil exploration and production, is looking forward to strengthening its local investment portfolio. What drives it to enter into new partnerships from time to time to carry out exploratory activities, and then raise its production, and eventually revive its treasury. Malaysia aims to put its oil and gas…
-
ADNOC supports “Make in the UAE” with 23 agreements, with investments of $4.6 billion
The Abu Dhabi National Oil Company (ADNOC) has signed agreements with 23 companies, with investments amounting to 17 billion dirhams ($4.63 billion) as part of its strategy to support local manufacturing in the UAE. The agreements signed with a number of local and international companies come as part of investments worth AED 70 billion ($19…
-
Two agreements to share oil production at two promising sites in Uganda
Oil production projects in Uganda are in full swing, as part of the relentless efforts made by the government in the East African country. In order to enhance the productivity of the sector to keep pace with domestic demand, and to achieve a surplus for export. In light of these efforts, Kampala gave the green…
