oil production | Egypt Oil & Gas - Part 23
Sudan’s Oil Output Declined
Sudan's oil production has dropped to between 95,000 to 100,000b/d, while the country has partially lifted fuel and electricity subsidies as part of an economic reform package aimed at cutting government spending.
Total to Produce Oil Offshore Congo in 2017
Total expects first production from Congo Republic's offshore Moho Nord field to add an extra 100,000b/d when it starts early 2017.
Nigeria’s Oil Output to Grow by 22%
Nigeria expects its oil production rate to grow by 22% by the end of 2016 to reach 2.2mb/d from current levels.
Sankofa-Gye Nyame to Produce Oil 2017
Oil production from Ghana’s Sankofa-Gye Nyame oil field, is expected to commence in the second quarter of 2017 while production of gas is expected to begin in the second quarter of 2018.
Nigeria to Start Output from Otakikpo Oil Field
Africa-focused Lekoil is expected to begin commercial oil production from Nigeria’s Otakikpo marginal field during October, following the completion of the Otakikpo-003 well.
Saudi Arabia to Consider Reducing Oil Output
Saudi Arabia has offered to reduce oil production if rival Iran agrees to cap its output at the current level 3.6mb/d, in a major compromise ahead of talks in Algeria by the end of September.
Ghana to Push Oil Output to 240,00b/d by 2020
Ghana could become the fourth biggest oil producer in sub-Saharan Africa by 2020 once two new offshore fields come on stream, to push total output above 240,000b/d.
MENA Assets Boost Pertamina’s Oil Outputs
Upstream assets in Algeria, Iraq and Malaysia have pushed oil and gas production by Indonesia's Pertamina Internasional Eksplorasi and Produksi (PIEP) to surpass its target in 2016 by 15%.
