Oil | Egypt Oil & Gas - Part 35
IOG, Transocean Sign North Sea Oil Drilling Contract
Independent Oil and Gas (IOG), the North Sea focused oil and gas company, has signed a rig contract with Transocean Drilling procuring the Transocean John Shaw semi-submersible rig to drill an appraisal well on the S ...
Nigeria to Launch Oil&Gas Exploration in Lake Chad Area
The New Nigeria Development Company (NNPC) owned by 19 northern state governments has disclosed plans to commence exploration of oil and gas in the Lake Chad area, in the North-East.
Algeria’s Bir Seba Field Marks its First Oil Flow
Vietnamese oil and gas explorer PetroVietnam Exploration Production Corporation celebrated the first commercial oil flow from Bir Seba, in Algeria.
Nigeria’s New Oil Bill Revises Tax Regime for Investors
Nigeria's government is breaking up a protracted all-encompassing 2012 Petroleum Industry Bill (PIB) to overhaul the state sector, by closing loopholes that breed corruption.
El Molla Signs Two New Exploration Agreements
Tarek El-Molla, Minister of Petroleum and Mineral Resources, signed two new agreements for oil and gas exploration in the Gulf of Suez and Western Desert. The first agreement is for the Haliph area in the Western Des ...
Russia Objects to US Intransigence over Turkey-ISIS Oil Trade
A Russian air strike destroyed an alleged ISIS oil convoy in the northern outskirts of the Aleppo province in Syria.
Vitol to Invest in Libya’s Oil
Vitol Group, the world’s biggest independent oil trader, and Litasco SA are approaching a trade deal with the Libya's Tripoli-based National Oil Corporation (NOC) in a few days to supply billions of dollars worth of ...
Angola, Congo Brazzaville’s Oil Production Outline Met
The Angola's Oil Ministry has announced that the oil production at the outlined level of 40,000bpd, according to the 2012 joint oil exploration agreement between Angola and Congo Brazzaville, has been met.
