Oil | Egypt Oil & Gas - Part 20
Nigeria Seeks $10b is Petroleum Assets Sale
Nigeria will sell off 15% of the Nigerian National Petroleum Corporation's (NNPC) and Nigeria LNG Limited's (NLNG) oil and gas assets to help revive the country's economy, with an expected yield of $10b.
South Sudan to Open New Oil Facility in Palouch
South Sudan plans to establish a new oil facility by the end of 2016, with the aim of amplifying daily production in the country.
Lekoil to Produce 10,000b/d from Oil in Nigeria’s OML 11
Lekoil Limited has declared the successful well tests of C5 and C6 zones in the Otakikpo Marginal Field in Oil Mining Lease (OML) 11 in Nigeria.
Kenya Dropped Petrol Prices
Kenya's Energy Regulatory Commission (ERC) announced an immediate drop in fuel rates that will extend until mid-October.
Ghana Manufactured Manifold for TEN Oil Exports
Ghana's Belmet 7 has completed gas export manifold for UK's Tullow Oil and loaded onshore at the Takoradi Port for both Jubilee and TEN oil fields offshore at the West Cape Three Point in the western region.
Shell to Start Drilling Offshore Tanzania
Shell is making preparations to commence exploration drilling offshore Tanzania before the of end 2016.
Nigerian Renewed Crackdown on Oil Theft
The Nigerian Navy arrested 11 suspected oil thieves and destroyed 13 ‘Cotonou boats’ laden with suspected stolen crude oil.
Power Plants Consume 3.7bcf/d of Gas
During the last week of August, gas consumption of electricity power plants in Egypt has recently decreased from 4bcf/d to 3.7cf/d, as temperatures started to decline.
