Hydrocarbon | Egypt Oil & Gas

UOG’s ASV-1X Encounters Primary, Secondary Reservoirs in Abu Sennan

United Oil & Gas Plc announced that it has encountered primary and secondary reservoirs while drilling ASV-1X exploration well in the Abu Sennan licence.

Neptune Makes New Hydrocarbon Discovery at North Sea

Neptune Energy has announced a new discovery of hydrocarbons at the Dugong well (PL 882) in the Norwegian sector of the North Sea.

Tunisia’s Nawara Field Begins Production

Tunisia’s Nawara natural gas field started production on February 5.

Algeria Passes New Energy Law

Algeria’s cabinet approved a new energy law that is expected to pump more investments in the vital hydrocarbon sector.

Egypt Strengthens Gas Production

BNP PARIBAS stated in a study that Egypt is a world-class hydrocarbon area with active drilling in four basins.

Eni Confirmed 30tcf Gas Reserves at Zohr

Italian Eni stated that Zohr field's original gas in place is 30tcf, after completing the drilling of the fifth well offshore Egypt.

Tanzania, Uganda to Complete Oil Pipeline in 2020

Tanzania plans to complete construction of a crude oil pipeline from Uganda in 2020 at an estimated cost of $3.5b.

Algeria’s New Economic Model to Counter Oil Revenues Slump

OPEC member Algeria adopted a new economic growth model, as part of the North African nation's efforts to diversify its economy, which has been dependent on hydrocarbons revenues.

India Seeks to Acquire Assets in Oil&Gas Industries in Africa

India announced it was opening negotiations with state-run oil and gas companies from Africa to acquire more assets on the resource-rich continent in downstream industries, hydrocarbon exploration and production, exp ...

Iran, South Africa To Improve Petchem Relations

A delegation from the Iranian Ministry of Petroleum will visit South Africa in Octubre to discuss improving mutual relations, Deputy Oil Minister in Petrochemicals Abbas Sheri Moqaddam.

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