Angola | Egypt Oil & Gas - Part 3

Angola to Reduce July Crude Exports by Nearly 9%

Angola has released its preliminary export schedule for July, showing that Angola is set to reduce exports for July by 9% in comparison to June, according to Reuters.   Angola is set to export 37 crude oil cargoes in ...

Sonangol’s Production from Iraq’s Qaiyarah Reaches 40,000 b/d

Angola’s Sonangol announced that its production from Iraq’s Qaiyarah oilfield has reached around 40,000 barrels per day (b/d), Zawya reported citing Reuters. Sonangol stated that it targets to increase the production ...

EMC to Renew Contract for LNG Factory in Angola

The Egyptian Maintenance Company (EMC) successfully sealed a contract for providing operational support for a liquefied natural gas (LNG) factory in Angola for the fifth consecutive year in 2017, Egypt Oil & Gas r...

Russia Beats Out OPEC Competitors in Chinese Market – Again

Russia maintained its position as the top crude oil exporter to China for the seventh month in a row, Reuters reports. Angola and Saudi Arabia maintained their positions as China’s second and third largest suppliers, ...

Nigeria’s Oil Production Increased by 274,000b/d

The Organization of Petroleum Exporting Countries(OPEC) announced last week that Nigeria’s crude oil production increased by 274,000b/d in April, Premium Times reported. According to Naija247 News, OPEC said that the ...

Angola Takes 2 Cargoes Out of May Exports

In line with its plan to support the Organization of Petroleum Exporting Countries’ (OPEC) move to limit production, Angola’s state-run Sonangol has reduced its May exports by taking two cargoes out of circulati...

Saudi Arabia Remains as China’s Biggest Oil Supplier

Saudi Arabia maintained its spot as China’s top oil supplier in February 2017, two months into the first OPEC output cuts in almost a decade, despite a near 13% fall in shipments from 2016, Reuters reported. Chi...

West Africa Loading Program Emerge

US Chevron has booked the Besiktas Bosphorus tanker to take West African crude to Israel loading early April, according to Reuters shipping data. A trader said that the tanker would load at the Djeno port in the Repub...

Chevron Starts Production at Angola’s Mafumeira Sul

Chevron Corporation announced that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project offshore Angola, Busine...

Angola’s Sonangol to Deploy Two New Oil Rigs

Angola’s Sonangol is in talks with oil majors about deploying two new oil rigs it commissioned from South Korea’s Daewoo Shipbuilding and Marine Engineering in 2013, Reuters reported. According to Sandaq, ...

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