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Exploration

BG International, subsidiary of Shell, has signed a Farm Out Agreement (FOA) with KUFPEC (Egypt) Limited (KEL), subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC), under which KEL will acquire a 40% stake in Block 3 (NorthEast El-Amriya) in the Egyptian Mediterranean Sea 

Fertiglobe, the strategic partnership between ADNOC and OCI Global, the seaborne exporter of urea and ammonia; nitrogen fertiliser producer in the Middle East and North Africa (MENA) region, and an early mover in sustainable ammonia, has signed a non-binding memorandum of understanding (MoU) with AD Ports Group, a facilitator of global trade, logistics and industry, to explore logistics and supply chain opportunities for storing and shipping urea and ammonia at ports in Egypt and the UAE 

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