gas production | Egypt Oil & Gas - Part 7
Oman Extends BP’s Khazzan Gas Field Agreement
Global oil giant BP has signed a deal with the Omani government and the state-owned Oman Oil company to develop the second phase of the Khazzan gas field project in the license area of Block 61, extended under the am ...
Oman Still Going for Growth Despite Oil Prices, Says Kuwaiti Bank
Despite a sizeable fiscal deficit this year and the next due to decline in oil prices, Oman is likely to avoid deep cuts in spending as the real GDP grows by 4% in 2015 before moderating to 3.7 per cent in 2016, a re ...
Hans-Hermann Ecke at the Helm of DEA Egypt’s Gas Plans
Egypt’s daily gas production is expected to increase by approximately 25% after the start of production in West Nile Delta Development project, German utility DEA announced.
Lukoil Iraq Production Up Inspite of Oil Price Slump
The Russian company says it received a letter from Iraqi authorities to reduce cost in West Qurna-2 field due to slump in oil prices
Update: 100% of West Nile Delta Gas to Go to National Grid, says BP
The West Nile Delta (WND) agreement, signed in March 2015, enables BP and its partner to develop five trillion cubic feet of gas resources and 55 million barrels of condensate in the North Alexandria and West Mediter ...
Egypt’s Gas Production Will Not Increase in FY 2015/2016
Gas production in the next fiscal year (FY) 2015/2016 will not increase, according to a senior official at Egyptian Natural Gas Holding Company (EGAS).
Jericho Further Invests in Oklahoma
Jericho Oil Corporation announced it signed a letter of intent to purchase a 50 percent working interest in 2,050 acres of land in Oklahoma, according to a press release. The new land will bring Jericho's acreage up ...
Norway’s Energy Sector Receives Positive Forecast
Wood Mackenzie’s annual review of Norway’s upstream oil and gas sector reveals a largely positive picture.
