Oil | Egypt Oil & Gas - Part 35
Ghana Striving for Economic Recovery Seeking Oil Output Boost
Ghana’s President, John Dramani Mahama, has projected country’s oil production to hit 0.5mb/d in 2020 by adding oil from recently discovered reservoirs of Greater Jubilee, made by Eni, to the current output of 1...
Fire on Mexico’s Pemex Platform Kills Three Workers
A fire that broke out on a Pemex offshore Abkatun A Permanente processing platform in Mexico’s oil-rich Bay of Campeche killed three workers and injured at least seven more, Reuters reported. One of the dead wor...
IMF is Ready to Lend to African Oil Producers, No Requests Made
The International Monetary Fund (IMF) said it stands ready to help sub-Saharan Africa’s oil exporters cope with plunging crude prices and growing fiscal pressures but has not received any new funding requests fr...
South Sudan Strikes New Deal with Sudan on Oil Transit Charges
South Sudanese government announced that it has reached an understanding with the government of neighbouring Sudan from which it seceded in 2011 to reduce charges for transporting crude oil to the international market...
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 o...
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 state companies in the petroleum sector. Vice Chairman of Egyptian Maintenance Company (EMC...
Foreign Oil Investments in Egypt Total $7.5b in FY 2016-2017
Foreign energy companies investments in exploration, and development in Egypt’s oil sector in the next fiscal year amount to around $7b, according to Daily News Egypt. An official with the Ministry of Petroleum said t...
Kuwait Oil Deploys Cisco Security Solutions Against Hackers
Kuwait Oil Company has selected Cisco security solutions to better protect its installations from cyber-attacks, reported Trade Arabia. The company has already installed Cisco Network Admission Control (NAC) from the ...
