Algerian Sonatrach to drill 290 wells in 2017 in comparison with 265 in 2016, while increasing Furthermore, the state energy producer plans to increase output of natural gas and crude oil by 20% until 2020, as new pr ...
Africa-focused firm Victoria Oil and Gas said that drilling has started on two development gas wells in Cameroon. The wells will cost $40m and the drilling campaign will be wrapped up in the second quarter of 2017.
Saudi Aramco signed an agreement to form a new joint venture (JV) in Saudi Arabia to manage and operate onshore drilling rigs with the Anglo Energy company, Nabors.
Zion Oil & Gas is moving closer to starting drilling operations in Northern Israel as it compiles with two key conditions set by Israel’s Petroleum Commissioner.
Eni and BP are planning to extract 350mcf/d of natural gas from the Baltim South West exploration prospect in the East Nile Delta by the end of the current fiscal year.
The Egyptian Natural Gas Holding Company (EGAS) Chairman, Mohamed El Masry, has announced that his company has completed drilling the fourth well in Zohr natural gas field, in the Mediterranean Sea.
The CEO of Italian oil and gas company Eni, Claudio Descalzi, has announced that exploratory drilling off Cyprus’ southern shore will be initiated in 2017.