Oil | Egypt Oil & Gas - Part 33
Libya Sees New Pipeline Sabotage at Zueitina Port
Another Libyan pipeline south of the Zueitina port leading from oilfields to an export terminal was recently damaged in an attack and is being repaired. It was not clear who carried out the attack, but Islamic State ...
New Promotions in the Petroleum Sector
The Minister of Petroleum and Mineral Resources, Tarek El Molla, approved the following list of transfers and promotions for the heads of state companies in the petroleum sector.
Foreign Oil Investments in Egypt Total $7.5b in FY 2016-2017
Foreign energy company investments in research, exploration and development in Egypt’s oil sector in the next fiscal year amount to around $7b.
Kuwait Oil Deploys Cisco Security Solutions Against Hackers
Kuwait Oil Company has selected Cisco security solutions to better protect its installations from cyber-attacks.
Egypt Pushed Mediterranean Bid Round to End of FY
Egypt will offer an international tender for new oil and gas exploration blocks in the Mediterranean and Nile Delta, according to EGAS head Khaled Abdel Badie.
Libyan Oil Output Remains Under 400,000 Barrels per Day amid Instability
Libya’s crude oil production remains less than 400,000 barrels per day, the National Oil Corporation (NOC) said on January 12th.
GUPCO Breaks it’s All Time Production Record
Gulf of Suez Petroleum Co. (GUPCO) announced its success in breaking the company’s all time production record, by increasing its levels to 84,000 b/d of oil and 2,300 b/d of condensates. In addition the company also ...
Africa’s PetroCurrencies Hit by Low Oil Prices
Africa's petrocurrencies have been hit by low oil prices, plaguing economies of Angola, Nigeria, and Algeria, most notably. Angola’s currency fell to an all-time low, Nigeria has imposed strict capital controls, and ...
