production | Egypt Oil & Gas - Part 74
GPC to Boost Production by 5,000 b/d
Ahmed Jiddawi, Chairman of the General Petroleum Company (GPC) production department, said that his company has devised a new production plan meant to up production to approximately 5000 b/d of crude oil. This was af ...
North Alexandria Concession to Begin Production Early 2017
Egypt Oil & gas learned that British Petroleum (BP) will begin production at its North Alexandria concession early 2017, rather than mid-2017, as originally planned.
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
Apache Finalizes Studies on Obayyed Shale Gas Reserves
Apache has completed the necessary studies to research and explore shale gas in the Obayyed field in the Western Desert for the first time in Egypt, reported Egypt Daily News.
Libya Oil Production up to 440,000 B/D NOC Says
Libya is producing roughly 440,000 bpd of crude oil, the chairman of the country's National Oil Corporation (NOC) said.
Sisi Meets with Eni’s CEO
According to a press release by Italy's Eni, President Abdel Fattah Al Sisi, and Eni’s Chief Executive Officer, Claudio Descalzi, met in Cairo to discuss Eni's activities in the country.
Chemical Group INEOS Buys 12 North Sea Fields
The Swiss chemicals company INEOS has purchased 12 gas fields in the North Sea, Reuters reported. Petroleum Minister Meets IOCs About Oil and Gas Field Development
Tarek El Molla—Minister of Petroleum and Mineral Resources—held extensive meetings with a number of heads of Arab and foreign companies operating in Egypt including: Emirati Dana Gas, BG Group, Petronas, and Engie (r ...
Nostra Terra Acquires 50% of Transglobe Concession in Western Desert
A partnership between Nostra Terra and Independent Resources have announced the group’s first North Africa acquisition—a 50% stake in Transglobe’s East Ghazalat concessionPage 74 of 81
