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US Slashes Tunisia Financial Aid
...18 and a 65% decrease on 2017’s $194mn, according to US Agency for International Development (USAID) data. Since coming into office in 2017 US President Donald Trump has repeatedly called for a decrease in US foreign economic aid. ...
Volume: 62Issue: 35Published at Fri, 30 Aug 2019 -
Petrofac Scandals Weigh On Project Pipeline
...gust 2017). The London-listed firm also bagged a $1bn EPC deal in March to develop Algeria’s 2.2tcf Ain Tsila gas-condensate field (MEES, 15 March) – another key client seemingly unphased by Petrofac’s diminishing reputation. In Abu Dhabi it last month won FEED work for the Belbazem offshore pr...
Volume: 62Issue: 35Published at Fri, 30 Aug 2019 -
Turkey: Iran Imports Down
...is was before relations between the two supposed allies deteriorated further as US president Trump reveled in Turkey’s recent economic woes (MEES, 17August). Iraq was the biggest supplier to Turkey for June with 157,500 b/d, the most since May 2017. Iran was top supplier for the first five months of...
Volume: 61Issue: 35Published at Fri, 31 Aug 2018 -
Egypt: Eni Strikes Gas
...serves.” Local media report that Eni is in talks with Shell to tie back the latest discovery to the latter’s 450mn cfd Obayed gas processing plant. Egypt is a key focus of Eni’s global upstream efforts with the giant offshore Zohr field coming onstream at the end of 2017 (MEES, 13 July). ...
Volume: 61Issue: 35Published at Fri, 31 Aug 2018