production | Egypt Oil & Gas - Part 74

production | Egypt Oil & Gas - Part 74

Egypt to Produce 5bcf/d of Gas

Egypt's production of natural gas will increase to 5bcf/d in the 2017/2018 fiscal year, from it's current level of 4.35bcf/d.

El Molla Talked Oil,Gas with Military Scholars

Egyptian Minister of Petroleum, Tarek El Molla, met with scholars from Naser Military Academy and explained that oil and gas industry plays a major role in national security.

India to Invest $15b in Nigeria’s Oil, Gas

The Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, has negotiated a $15b investment with the Indian government for the oil and gas sector.

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.

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