Oil | Egypt Oil & Gas - Part 94
More Gas, Oil from Jubilee Offshore Ghana
Tullow Oil says the deepwater Jubilee field offshore Ghana exceeded its production target last year, averaging 102,000 b/d of oil.
Plunging Oil Prices Hurt Africa Growth
The continued fall of crude oil prices on the international market may impact negatively on Africa's economic growth, the African Capacity Building Foundation (ACBF) said Friday.
Oil Drop Cuts 29% in Saudi Basic Industries Profit
Saudi Basic Industries Corp. (SABIC), the world’s biggest petrochemical maker by sales, reported a 29% drop in fourth-quarter profit as lower oil prices reduced returns from its own products.
Iran Oil Price for Budget Reduced to $40
The Iran government is revising its draft budget to assume a base oil price of $40
Dana Gas: Oil Prices May Delay Debt Payments
UAE-based Dana Gas revealed on Wednesday that it could delay the schedule of receiving the owed debt by the Egyptian government, due to the international decline in oil prices.
GPC Invites E&P Companies to New Bid Round in South Sinai
The General Petroleum Company (GPC) invites companies in the of oil and gas exploration and production (E&P) field to submit offers for undertaking E&P services in GPC concession area in South Sinai; in order to max ...
Libya Increases Production to 300,000-500,000 B/D
The see-saw story of Libya oil production since the revolution has taken another turn with the report from Mabrook Buseif that it is now up, at between 300,000 and 500,000 b/d.
Progress Made on Morocco Drilling Activities
Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in Syria, Morocco, Tunisia and Colombia is pleased to provide the following update on drilling activities in Mo ...
