production | Egypt Oil & Gas - Part 72
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.
Tunisia Publishes All Oil Agreements Since 1960
Tunisian Minister of Energy and Mining, Mongi Marzouk, announced that the Tunisian Agency for Oil Activities officially began publishing documents of all oil agreements that were signed in the country since 1960.
Egypt to Issue LNG Cargoes Tender
Egypt is set to issue a tender seeking 10 LNG cargoes to be delivered in July and August.
El Molla Foresees Increase in Natural Gas Production
Egypt's Oil Minister, Tarek El Molla, said that the country will increase its natural gas production to between 5.5 and 6bcf/d by the end of 2019. Egypt currently produces 3.9bcf/d of natural gas.
Tullow Ghana Production Down by More Than 50%
Amid unresolved technical issues at Tullow’s floating storage and offloading (FPSO) vessel in the giant Jubilee oilfield offshore Ghana, production is less than half of what it should be.
