production | Egypt Oil & Gas - Part 70
Gabon Resumed Production at Avouma 2-H Well
Vaalco Energy’s Avouma 2-H well on the Avouma platform offshore Gabon in the Etame Marin Permit has resumed production at a stable rate, with the well producing approximately 1,850b/d of oil.
Kenyan Exports to Start Mid 2017
Kenyan President, Uhuru Kenyatta, said that Tullow Oil Plc will drill eight additional exploration wells in the country’s North Lokichar region. Exports will commence three months later, with the crude being transpor ...
Nigerian Oil Output to Continue Its Decline in 2017
According to a report by the Energy International Administration, the statistical arm of the United States’ Energy Department, Nigeria’s crude oil production is expected to remain depressed through 2017 as a result o ...
Gazprom Brought Four Iraqi Oil Wells Online
Russia's Gazprom Neft brought four new wells, with a combined output of 30,500 b/d, into production at Badra Field in Iraq, pushing the field’s total output to 3mt.
Nigeria’s Oil Output,Export Losses Continues
The Nigerian Petroleum Minister, Ibe Kachikwu, said that the country’s losses in oil production due to militant attacks have hit 900,000 b/d. The African nation continues to lose about $274m as the US and India cut t ...
Iran Exported 2.74mb/d of Crude in July
With $645m investments to revitalize Iran's oil recovery rates, the National Iranian Oil Company (NIOC) reported that the Islamic Republic is pumping 3.62mb/d of crude oil, with 2.74mb/d in exports during July.
Sasol Expands Oil, Gas Output in Mozambique, Gabon
Energy and chemicals group Sasol has increased its natural gas, condensate and crude oil production in Mozambique and Gabon.
OPEC Revenues to Fall 15% in 2016
OPEC's 2016 oil export revenues will probably fall 15% to $341b, down for the third straight year and possibly the lowest in more than a decade.
