Egypt’s Khalda Petroleum Company (Apache) uncovered 7 new oil and gas discoveries in the country’s Western Desert area during the fiscal year 2015/2016, in addition to drilling 50 new wells and completing ...
Abu Qir Petroleum CEO, Adel Hegazy, stated that North Abu Qir3 area’s 500bcf gas reserves and 20mb oil reserves are expected to push the company’s gas production to reach 300mcf/d and oil production to 700...
Ministry of Petroleum and Mineral Resources has released a report, which stated that placing four Nidoco exploratory wells on production line in the Abu Madi West license zone, in the Nile Delta, has increased country...
Iran has announced that it needs $20b in investment, paid in $600m monthly installments, to launch the remaining phases of its South Pars Gas Field project in the Bushehr province, in order to be able to complete the ...
Kish gas field near the southern Iranian island of Kish will produce 9 bcm of gas per year when its development plan is finished. According to the Iranian media, Iran Economy Council has made a decision in its latest ...
By Dina Khrennikova and Stephen Bierman With Siberia’s aging oil fields slowly running dry, Russia is turning to a natural gas by-product to help maintain crude production and meet President Vladimir Putin’s target of...
British oil company BP expects to invest around $12 billion with its partners as part of a finalised West Nile Delta concession deal to develop 5 tcf of gas resources and 55 million barrels of condensates. The supply ...