The Nigerian National Petroleum Corporation (NNPC) will begin drilling in Chad Basin in early 2017, after the acquisition and processing of more than 1,900 sq. km of new 3D seismic.
Iraq will make three new suggestions at a meeting in Vienna of OPEC oil ministers at the end of the November to implement an agreement to restrain crude supply in order to push up prices.
Algeria's Sonatrach achieved record high crude oil exports in October of 2.77m tons of oil equivalent, as opposed to the company’s usual monthly export volumes of 1.9m to 2m tons of crude oil per month.