Oil | Egypt Oil & Gas - Part 15
Oil Ministry Signs Three Exploration Agreements
The Ministry of Petroleum signed three new agreements for oil and natural gas exploration in the northern Sinai Peninsula and the Gulf of Suez on July 11, Egypt Oil & Gas reports. The first $6 million agreement is...
Libya’s Abu Attifel Field Restarted Operations
Libya’s Abu Attifel oil field has resumed operations after pausing for two weeks, Zawya reported citing an engineer and a Libyan oil source. The field had been shut down due to a stand-off at eastern export term...
SDX Starts Drilling Second Well in South Disouq
SDX Energy has started drilling its second appraisal well at Egypt’s South Disouq concession, Egypt Oil & Gas reports. The SD-3X well is part of SDX’s drilling project at the South Disouq concession, in which the ...
Eni Announces Second Oil Discovery in Egypt’s Western Desert
Eni has announced a second light oil discovery on the B1-X exploration prospect located in the South West Meleiha license, located in Egypt’ Western Desert, the company announced in a press release. The well has...
Iran Prepares to Allow Private Companies to Export Oil
Iran is looking towards private companies to export its oil as part of its strategy to counter US sanctions, state media and officials announced on July 1, according to Reuters. “Iranian crude oil will be offered on t...
Congo Republic Becomes OPEC Member
The Republic of the Congo, one of Africa’s major oil producers, has become the newest member of OPEC, Reuters reported. “The conference considered Congo’s request to join the organization and decided to approve its ad...
CAPMAS: Fuel and Petrochemicals Exports Increase
The total value of Egypt’s fuel exports increased by $260 million year-on-year (YOY) in Q1 2018, Amwal Al Ghad reported. Official statistics show that the country exported $1.225 billion worth of oil in Q1 2018, compa...
TGS Completes Red Sea Seismic Survey
TGS has finished collecting data from a 10,000-km 2D seismic survey in Egypt’s Red Sea, Offshore Magazine reported. The company is expected to present the final data in December 2018. The survey was conducted in line ...
