Oil | Egypt Oil & Gas - Part 25
UK Oil and Gas Firms Plan to Cut More Jobs
About 32% of UK's oil and gas companies, more than four in 10, are planning to cut more jobs in 2016 in response to the downturn in the industry.
Nigerian President Cancels Visit to Oil-Producing Niger Delta
Nigerian President Muhammadu Buhari has cancelled at the last minute a visit planned to the oil-producing Niger Delta, which has been hit by a wave of militant attacks.
Saudi Aramco Sings Oil Supply Deal with Polish PKN
Saudi Aramco announced its entry into the Baltic market after signing a contract with Poland's biggest refiner, PKN Orlen, for Aramco to supply PKN with 50,000bp/d starting in June.
Technip Inked $500 Deal for Libyan Offshore Platform
French company Technip inked a deal worth $500m with a consortium that includes Libya's National Oil Company (NOC) and Italy's oil and gas major ENI to refurbish the offshore oil platform for the Bahr Essalam oil fie ...
Kuwait Looks to Solar for Enhanced Oil Recovery
In its searching for alternative methods to maximise production at a cheaper price, Kuwait Oil Company (KOC) said it was in discussions with companies to use solar for enhanced oil recovery (EOR).
CNPC to Construct Second China-Russia Oil Pipeline
China National Petroleum Corp. (CNPC) will start laying a second domestic oil pipeline in June to allow for increased Russian crude supplies to flow to China’s northeastern city of Daqing.
Kenya Creates 17 New Oil Exploration Blocks
Kenya has created an extra 17 new oil exploration blocks, bringing its total to 63, and aims to auction them in a licensing round in 2017.
Non-Opec Producers Cutting Back Oil Output
Oil output from producers outside the Organisation of Petroleum Exporting Countries (OPEC) is falling faster than expected, helping the market to rebalance.
