Oil | Egypt Oil & Gas - Part 87
OPEC Expects US Shale to Decrease in Coming Year
US shale oil producers could reduce output late this year if low oil prices continue, according to a new report from the Organisation of Petroleum Exporting Countries (Opec).
GE Investments to Help Saudi ‘Vision 2024’ Diversification Plan
GE has announced $100 million in new programmes that will further the company’s localisation efforts, build innovation capacity, and create jobs in advanced manufacturing and software analytics.
Chile’s ENAP to Build 90 Km Pipeline in Egypt’s Western Desert
A subsidiary of Chile's state owned oil company ENAP plans to spend $30 million to build a 90 km oil pipeline in the Western Desert, the country's ambassador announced on the recent economic summit in Sharm El Sheikh.
$21 Billion Worth of Oil Deals Signed by Egypt
Egypt signed two oil and gas deals worth a total of $17 billion Saturday on the sidelines of the economic conference, and another $4 billion deal is scheduled to be signed Sunday.
Eni Signs $5 Billion Agreement for Oil and Gas Development in Egypt
The Egyptian Minister of Petroleum and Mineral Resources Sherif Ismail and Eni's CEO Claudio Descalzi signed Saturday a Head of Agreement, aiming at the development of the oil and gas resources of the Country while p ...
Libya in Risk of Collapse Due to Battles for Oil
In the first of a series of exclusive reports from Ruth Sherlock in Libya, the resource-rich country's oil minister warns that it will run out of money in 18 months as post-Gaddafi anarchy threatens to turn it into " ...
Oando Energy To Start Oil Production Field in Nigeria
Oil and natural gas exploration company Oando Energy Resources Inc. announced the construction of infrastructure for Qua Iboe field in Nigeria is finished and commercial production has begun, according to a press rel ...
Egyptian Petroleum Ministry Announces Increased Production by Petrobel
Press Release, In light of the petroleum sector’s policy of speedy execution of new natural gas field development projects and linking them to production to meet the growing needs for domestic consumption, the fourth ...
