Mexico Changes Bid Round Approach
After disappointing results from its last action round, the Mexican government is sprucing up the terms of its new auction for oil and gas blocks off the coast,
production | Egypt Oil & Gas - Part 77
East Libya to Punish Oil Firms Backing Rival Government
Libya's internationally recognised government plans to boost oil production five-fold and will punish companies working with a rival cabinet striving to control the divided North African nation's crude deposits.
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.
