offshore | Egypt Oil & Gas - Part 16
Eni Discovers Gas at Congo Offshore Zone
The Italian energy company Eni has discovered gas at an offshore zone in Congo. The block has potential of 250-350m barrels of oil equivalent and over 300,000 cub m of gas per day.
Nigeria to Deal Directly With Refiners, Cancels Bids
Nigeria will start selling and buying oil and gasoline directly to cut out middlemen and curb graft, the new managers of the Nigerian National Petroleum Corporation announced on Tuesday.
Chevron Announces Field Online between Congo and Angola
Chevron Overseas (Congo) has started oil and gas production from the Lianzi Field, located in a unitized offshore zone between the Democratic Republic of Congo and the Republic of Angola.
South Africa Benefits from Oil Price Drop with Statoil’s Help
South Africa’s trade deficit narrowed to $65m in September as lower oil prices curbed imports, said the Pretoria-based South African Revenue Service.
Zohr Improves Egypt’s Worldwide Ranking
A source at the Petroleum Ministry told Egypt Oil & Gas that Eni's recent giant gas discovery "Zohr", with 30 tcf of gas reserves, will raise Egypt's worldwide petroleum ranking to 12 instead of 18, reported Egypt Oi ...
Senegal Consortium Expanding Drilling Prospects for SNE Block
FAR and its Senegal joint-venture partners Cairn Energy, ConocoPhillips and Petrosen are planning to transform the SNE (SEN, 32/11) Field off Senegal into a development hub
BP Commits $229M to Three Offshore Blocks with Eni and Total
BP Plc announced on Wednesday that it had been awarded three new offshore exploration blocks in Egypt with a total investment commitment of $229 m from BP and its partners
Omani Offshore Company Sells Engineering Unit at a Loss
Oman’s Renaissance Services plans to sell its Topaz Engineering unit, reported The National, and at a loss of $5.5 m to Chalmers Holdings, a Dubai-based marine and offshore outfit.
