Oil | Egypt Oil & Gas - Part 39
Omani Blend Crude Bolsters Ambitious Dubai Mercantile Exchange
The Dubai Mercantile Exchange (DME) announced today that Oman’s Ministry of Oil and Gas has become the first customer of its recently launched ‘DME Auctions’ platform, reported the Omani Oil and Gas Review. The Omani ...
Algeria to Focus Next Year on Developing From Older Oil Fields
Algeria will focus next year on maximizing output at its mature fields, and seek out foreign partners with the technology to explore offshore opportunities as part of its strategy to increase output, a senior energy o...
Nigeria’s Crude Exports Record a High
Nigeria exported 64.86 mmbbl, or 2.09 mmbbld, of oil including condensates in July, in comparison to 1.98 mmbbld in June, data released by state oil company Nigerian National Petroleum Corporation showed, Platts repor...
Shell Adds Ultra Deep Water Facility to Gulf of Mexico
Royal Dutch Shell’s newest oil-production vessel, named the Turritella, set sail from Singapore this week for the world’s deepest underwater oil field, located in the Gulf of Mexico. The ship is set to become the four...
Nigerian Oil Workers to Resist Mass Sack
In spite of the negative impact of the drop in global oil prices on economies of most oil producers, like Nigeria, oil workers have warned petroleum companies to desist from using that as a reason to sack workers, Pre...
Morocco: the New Investment Hub for Oil and Gas
Morocco has succeeded in becoming the new investment hub for oil and gas, according to Amina Benkhadra, Director General of the Moroccan National Hydrocarbons and Mining Company (ONHYM), YourOilandGasNews.com reported...
Oil Ministers of Egypt, Jordan, Iraq Sign MoU
Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, Jordanian Minister of Petroleum and Mineral Resources, Ibrahim Saif, and the Iraqi Oil Minister, Adel Abdul Mahd, signed a memorandum of understand...
Uganda, Kenya Joint Pipeline to be Better Option
East Africa’s race to export its first oil will eventually be a tie between neighbors Kenya and Uganda because both need to share a pipeline rather than compete for different routes, a producer in the region said. “Th...
