production | Egypt Oil & Gas - Part 75
Angola’s Oil Production Goal for 2016 ‘Overly Optimistic’
Angola is unlikely to produce 2 million barrels of oil per day in 2016, said the office of economic and financial studies of the Portuguese bank BPI, adding that this is “an overly optimistic goal."
Ganope Production Increased to 31,000 B/D
According to Abu Bakr Ibrahim, Chairman of Ganope the company has made a total of 27 agreements, in addition to 5 new agreements currently being finalized, reported Egypt Oil & gas (EOG).
Sherif Ismail: Exploration Activity Important to Egyptian Economy
Prime Minister Sherif Ismail said that optimizing the usage of natural resources, boosting exploration activities, increasing local production, as well as reserves ensure maximizing the value added to the national ec ...
US Shale Production Drops
US shale fields across the country reported production drops of a combined 80,000 b/d, the EIA
Eni to Increase Production from Noras Field by 300 MCF/D
Italian energy giant Eni intends to add about 300 mcf/d to the Noras field in the Western Desert.
Egypt to Double Natural Gas Production by 2018
A study by the Egyptian Center for Economic Studies (ECES) forecasts that due to recent gas discovery, Egypt will be able to double its natural gas production by 2018.
IEOC to Connect Mega Egyptian Gas Discovery to Port Said
IEOC, a subsidiary of Eni, will extend a 195km pipeline from Zouhr well Block 9 to the city of Port Said, reported Egypt Oil & Gas (EOG). Work on the pipeline will begin with development operations early next year. Eni to Start Development of Shorouk Block in January
Development operations in the natural gas field off the country’s Mediterranean coast will start in January 2016, said Lapo Pistelli, V-P of the Italian company.
Algeria to Raise Gas Output by 13% by 2019
Algeria plans to increase natural gas output by 13% by 2019 to reverse a decline in energy production in recent years that has hit its export earnings and spending policy, the energy ministry saidPage 75 of 81
