Oil | Egypt Oil & Gas - Part 38
China and Mozambique to Develop New Oil Projects in Africa
China Petroleum Engineering and Construction (CPECC) and ENH Logística (ENHL) of Mozambique have established a partnership to develop oil projects in Mozambique.
Bapetco Links 38mcf of Gas to Production from the New Abyad Well
Bapetco has added an exploratory well in its Abyad fields in the Western Desert to production, at a rate of 38 mcf of gas and 1,000 barrels of condensate a day.
Mozambique to Launch Tender for Research and Exploration
Mozambique will launch a new tender in 2017 for the research and exploration of oil and gas.
West Libya’s National Oil Declares Force Majeure at Zueitina Port
Libya’s Petroleum Facilities Guard halted crude shipments from Zueitina port indefinitely amid an escalating conflict between the divided country’s rival governments, putting the OPEC member’s oil exports at risk.
President Sisi Ratifies $2.2b Oil, Gas Exploration Contracts
Egypt’s President Abdel-Fattah El-Sisi ratified six oil and gas exploration contracts worth a combined $2.2b on Tuesday, the Ministry of Petroleum said.
BG Acquisition Still Good Sense, Despite Low Oil Price, says Shell
Royal Dutch Shell said on Tuesday that its planned acquisition of BG Group still makes financial sense, despite low oil prices, which analysts say are likely to continue for some time.
EGPC to Issue New Bid Round in December
Sources at the Egyptian General Petroleum Corporation (EGPC) have informed Egypt Oil & Gas that a new bid round will be announced at the end of December 2015.
Angola Exploring Oil Investments from India
Angola's vice president Manuel Domingos Vicente has returned from a recent visit to New Delhi, where he took part in bilateral talks with the Indian minister of Oil and Natural Gas, Dharmendra Pradhan.
