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Libyan Hariga oil port resumes work

  WAM Oil exports from the eastern Libyan terminal of Hariga have resumed after a pay protest by guards ended, but production at the major eastern oil field of Sarir would remain suspended, officials said on Wednesday. Port director Yassin Ahmed said a Maltese-flagged tanker had docked at Hariga after guards had been promised two years of unpaid wages, and ...

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Barclays begins process to sell Egyptian unit

  Reuters Barclays has begun a formal process to sell its Egyptian unit, with at least two banks from the Middle East and North Africa region expressing interest in the business, sources familiar with the matter said. The UK-based lender is offloading its Africa unit as part of a plan by Chief Executive Jes Staley to simplify its structure and ...

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Saudi Aramco inks contracts to build Fadhili gas project

  Reuters State oil giant Saudi Aramco signed four engineering contracts to build its Fadhili gas processing project, the company said on Wednesday. The project is worth more than 50 billion riyals ($13.3 billion) and, when completed in 2019, will be the first programme in the kingdom to treat gas from both onshore and offshore fields. The company signed a ...

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