gas | Egypt Oil & Gas - Part 58
Eni Looks to Increase Oil Output This Year
Italian oil company Eni expects to produce more oil and gas this year as new projects come onstream, it said on Wednesday, after higher output helped it soften the blow of lower crude prices in its first-quarter results.
Kosmos Energy Announces Gas Discovery in Mauritania block
Kosmos Energy announced a play-opening discovery off the coast of Mauritania after testing the Torture West prospect, according to a company press release. The independent oil and gas exploration firm confirmed taht ...
China to Cut Special Subsidies for Shale Operations
China will cut special government subsidies for shale gas developers in the next five years even as the country encourages explorers to produce more clean energy such as natural gas to replace coal.
North Sea Service Companies Cutting Jobs
Amec Foster Wheeler Plc and Petrofac Ltd on Tuesday joined a growing list of London-listed oil and gas support services companies planning to cut jobs in response to the tumble in oil prices.
Africa’s Richest Man Courts Seeks to Boost Nigerian Gas
Aliko Dangote, Africa’s richest man, plans to quadruple the supply of gas to Nigeria by building pipelines that may be backed by Carlyle Group LP and Blackstone Group LP, the world’s two biggest private-equity firms.
Iran Charts Oil and Gas Priorities for Post-Sanction Era
The National Iranian Oil Company (NIOC) announced in a statement on Sunday that it has defined 21 top priority oil sector projects.
Ukraine Needs International Company to Produce Gas
Ukraine is looking for an international operator for a project to produce gas in the country, Energy and Coal Minister Volodymyr Demchyshyn said at the IHS CERAWeek conference in Houston.
BP to Start Investing in Egyptian Gas Project This Year Says CEO
British Petroleum (BP) will start investing in a gas project in Egypt’s Nile Delta this year, Sputnik News quoted Group CEO Robert Dudley as saying.
