Oil | Egypt Oil & Gas - Part 39
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.
Eni to Produce 70,000 Boepd from Nile Delta
Eni has announced in a press release the success of the appraisal well "Nidoco North West 3," in the Nooros exploration prospect, located in the Abu Madi West license in the Nile Delta.
Islamic State Selling Oil “Through Turkey”
The Islamic State (IS) is selling most of its illegally acquired oil through Turkey and Kurdish areas, according to a former counterterrorism officer with the Central Intelligence Agency, reported Russia Today.
