The Kingdom of Saudi Arabia (KSA) pumped 10.72mb/d of oil, a record-high in November and up from 10.625mb/d in October. This came as the Organization of Petroleum Exporting Countries (OPEC) pushed for a global deal on...
Kuwait will begin heavy oil production by the end of 2018, with roughly 10,000 to 15,000 b/d at Ratqa refinery, KUNA reported. Kuwait Oil Company’s (KOC) CEO, Jamal Jaafar, noted that the heavy oil production will gra...
Gas production has resumed at Libya’s eastern Abu Tifl field and 12,000b/d of oil will starting pumping by mid-November 2016, reported Ecofin Agency News. The oil will be pumped to the port of Zuetina, one of four ter...
The Sudanese Oil and Gas Minister, Mohamed Awad Zayid, said that the country’s current oil production has dropped to between 95,000 to 100,000b/d, in the wake of the falling global oil price. He added that Sudan’...
French Total’s Africa President for Exploration and Production, Guy Maurice, said that the company expects first production from Congo Republic’s offshore Moho Nord field to add an extra 100,000b/d when it start...
Nigeria’s Oil Minister, Emmanuel Ibe Kachikwu, said that Nigeria expects its oil production rate to grow by 22% by the end of 2016 to reach 2.2mb/d from current levels, Reuters reported. The Organization of the Petrol...
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, Esi Africa reported. The Ghana...
Africa-focused Lekoil is expected to begin commercial oil production from Nigeria’s Otakikpo marginal field, located in Oil Mining Lease (OML) 11 in Rivers State during October, following the completion of the Otakikp...
Saudi Arabia has offered to reduce oil production, if rival, Iran, agrees to cap its output at the current level of 3.6mb/d. This is a major compromise from the Kingdom ahead of production freeze talks in Algeria by t...
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, Reuters reported. Ghana’s Tweneboa-Enyenra-Nto...