Eni, the Italian energy giant, started the production of natural gas from the Merakes East Field located in the Kutei basin, offshore Indonesia. The field is expected to produce up to 100 million standard cubic feet per ...
The UAE is pushing ahead with ambitious upstream development plans, including working towards Adnoc’s goals of reaching 5mn b/d crude production capacity by 2027 and gas self-sufficiency by 2030. This has put state dri...
The Egyptian Natural Gas Holding Company (EGAS) and Harbour Energy have signed an agreement to expand exploration and production operations onshore Disouq gas field in the Nile Delta concession area. The agreement would ...
Chariot Limited, an energy group focused on Africa, announced on May 14 that Energean plc has returned its Moroccan offshore interests to Chariot. The transfer includes Energean’s full stake in a subsidiary that held 4...
Opec began the unwinding of voluntary production cuts last month but the impact on actual production was limited. Output edged up by just 10,000 b/d to 26.98mn b/d, largely because previous unfettered overproduction by a...
Low break-evens keep the Marcellus on top Source link
The Ministry of Petroleum and Mineral Resources (MoPMR) has announced compensation for citizens whose fuel pumps were damaged due to gasoline that was found to be defective after testing. The decision came after a recent...
The decision to accelerate the tapering of Opec+ production cuts in May and June means that Saudi production will be considerably higher than initially expected over summer. Saudi Arabia’s Opec+ allocation rises to 9.3...
The Egypt Upstream Gateway (EUG) organized a specialized workshop to discuss promising exploration opportunities and undeveloped discoveries on the investment map. It reviewed 13 investment opportunities currently offere...
The Egyptian Natural Gas Holding Company (EGAS) has signed a 10-year charter agreement with global leader in marine energy infrastructure Höegh Evi for the deployment of Hoegh Gandria as a floating storage and regasific...
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