Showing posts with label
Oil & Gas Memorandum of Understanding (MoU).
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Showing posts with label
Oil & Gas Memorandum of Understanding (MoU).
Show all posts
Ora Coren
Jan 02, 2020 5:07 AM
The memorandum of understanding will be the first commercial agreement linked to the giant energy project
Energean, the British-Greek company that controls the Israeli Karish and Tanin natural gas fields, will sign a memorandum of understanding Thursday with the Public Gas Corporation of Greece in the first commercial agreement connected with the projected EastMed pipeline.
Greek media reported that the deal to provide Energean gas will be signed shortly before Prime Minister Benjamin Netanyahu and Greek and Cypriot leaders sign an agreement in Athens on Thursday to develop the pipeline.
This will also be a show of force against Turkey, which has effectively agreed with Libya to divide much of the East Mediterranean.
2019-07-27 01:56:41|Editor: Mu Xuequan
CAIRO, July 26 (Xinhua) -- Egypt and the United States signed on Friday a memorandum of understanding (MoU) to boost bilateral cooperation in the oil and gas industry.
The MoU was signed in Cairo by Egyptian Minister of Petroleum and Mineral Resources Tareq al-Molla and U.S. Secretary of Energy Rick Perry, according to a statement released by the Egyptian Petroleum Ministry.
The agreement is meant to facilitate the exchange of technical information, consultancy services and the transfer of technology in the fields of oil and gas exploration, production and refining, as well as petrochemicals, the statement said.
