UAE's SNOC Announces Start of Gas Production at Mahani Field

Sharjah National Oil Corporation (SNOC) logo
Sharjah National Oil Corporation (SNOC) logo
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UAE's SNOC Announces Start of Gas Production at Mahani Field

Sharjah National Oil Corporation (SNOC) logo
Sharjah National Oil Corporation (SNOC) logo

UAE's Sharjah National Oil Corporation (SNOC) and partner ENI announced on Sunday the start of gas production at the recently discovered Mahani field in Sharjah, UAE state news agency WAM reported.

SNOC and Italian energy giant Eni announced the discovery of Mahani last year, a new find of natural gas and condensate onshore in Sharjah, and the first in the emirate since the early 1980s.

Production would start at the Mahani-1 gas well in the Mahani field in Area-B in Sharjah, WAM reported.

"The announcement comes within one year of the discovery of gas in the Mahani field, which represents the first new onshore discovery in Sharjah in 37 years," it said.



France Signs Deals to Help Egypt’s Economy in Volatile Regional Climate

 Egypt's President Abdel Fattah al-Sisi (R) and French President Emmanuel Macron (L) attend the Egypt-France Business Forum, in Cairo, on April 7, 2025. (AFP)
Egypt's President Abdel Fattah al-Sisi (R) and French President Emmanuel Macron (L) attend the Egypt-France Business Forum, in Cairo, on April 7, 2025. (AFP)
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France Signs Deals to Help Egypt’s Economy in Volatile Regional Climate

 Egypt's President Abdel Fattah al-Sisi (R) and French President Emmanuel Macron (L) attend the Egypt-France Business Forum, in Cairo, on April 7, 2025. (AFP)
Egypt's President Abdel Fattah al-Sisi (R) and French President Emmanuel Macron (L) attend the Egypt-France Business Forum, in Cairo, on April 7, 2025. (AFP)

France and Egypt signed strategic partnership agreements on Monday, in areas covering health, transport and energy, which French President Emmanuel Macron said would help shore up Egypt's stability amid volatility in the region.

"Egypt is a strategic partner for our country," said Macron, speaking alongside Egypt's President Abdel Fattah al-Sisi at a news conference in Cairo.

"I would thus like to reaffirm France's commitment to ensuring the stability of Egypt given the context of a worsening climate in the region and as the Egyptian economy faces challenges," added Macron.

Macron said he continued to back talks between Egypt and the International Monetary Fund and the European Commission.

The IMF approved last month the disbursement of $1.2 billion to Egypt, which has been grappling with high inflation and shortages of foreign currency.

Macron added France's overseas aid development body would sign 260 million euros ($284.5 million) worth of loans and grants for Egypt in areas such as transport, health, water and energy.

Macron and Sisi also both reaffirmed their calls for a ceasefire to the fighting in Gaza and for the release of Israeli hostages.