Oil | Egypt Oil & Gas - Part 40
Angola Seeks Collaboration on Oil, Gas with Nigeria
The government of Angola has called on the Nigerian business community to take advantage of investment opportunities that abound in their country, This Day Live reported. Angola’s ambassador to Nigeria, Dr EJ Qu...
Saudi Carbon Capture Project to Boost Recovery Rates
Saudi Arabia’s first carbon capture and storage pilot project, located at its Ghawar oilfield, may boost oil recovery rates by 20% points, oil minister Ali al-Naimi said, reported Reuters. “This pilot will...
Nigeria Approves $2.1b Payment to Oil Marketers
Nigeria’s government has approved the payment of . 1b to oil marketers as outstanding payment for fuel subsidy claims, the state-run Nigerian National Petroleum Corporation (NNPC) said on Wednesday, Reuters repo...
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, reports MacauHub, quoting an article from Chinese stat...
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, reported Al-Borsa. Company chairman Emad Hamdi said that...
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. José Branquinhoin from the National Institute of Petroleum Resources (INP) said the institute’s strategy was to launch inte...
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, Blo...
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 in a statement according to Ahram Online. The first four agreemen...
