Oil | Egypt Oil & Gas - Part 42
Energean Oil & Gas to Start Seismic Surveys in West Kom Ombo
Energean Oil & Gas, a private E&P company focused on North Africa and the Mediterranean, has appointed AGS–Afro to conduct a 2D seismic survey in its West Kom Ombo concession area. The survey will be in supp...
OPEC Driving US Shale Downturn
The Organization of Petroleum Exporting Countries—OPEC—is driving US oil and gas rigs to some of their lowest levels in a decade, Bloomberg said. The oil cartel ramped up production at the same time as the US in late ...
Total to Bring French Finances to Iran
Stephane Michel, head of Total’s Middle East, exploration and production division announced that his company will finance oil projects and transfer related technical know-how to Iran in the post-sanctions era, r...
Petroleum Products Imports to Increase to $1.3b/Month
Sources at EGPC revealed that the rise in the dollar value will increase the crude oil and petroleum derivatives import bill to reach $ 1.3b a month in comparison to the previous range of . 1b-1.2b, reported Al-Mal. ...
Ghana Revamping Oil and Gas Sector to Up Production
Ghana’s Minister of Energy and Petroleum, Emmanuel Armah-Kofi Buah, said his country would relentlessly grow its oil reserves in order to ramp up and sustain oil and gas production, reported the Ghana Business N...
Schlumberger Earnings Fall by Half
Schlumberger ltd, the world’s largest oil services company, said that its Q3 earnings have fallen by 49%, reported the Wall Street Journal. The French multi-national firm has struggled in the low-price environment for...
Circle Oil Prepares for Well Testing in Morocco
Circle Oil, the North African focused oil and gas exploration, development and production company, informed that the KSR-A well, located within the Ksiri Central production concession of the Sebou permit, onshore Moro...
Chevron: South Africa Does Not Need a New Refinery
South Africa does not need another oil refinery because the slowing economy has curbed demand and the country has ample petrol production, said Shash Rabbipal, the new chairman at the local unit of Chevron, the second...
