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BP: New North Africa Chief
...me online in March 2017. Together with a 10% stake in Eni’s giant Zohr field (see p6) WND helped boost BP’s net Egypt gas output to a record 952mn cfd for 2019. The North Africa total was 1.14bn cfd including 86mn cfd from Algeria. Oil output was 49,000 b/d (34,000 b/d Egypt, 15,000 b/d Algeria). Bu...
Volume: 63Issue: 21Published at Fri, 22 May 2020 -
Korea’s Hyundai Signs Up To $2.45bn Iraq Seawater Project
...sra’s oil fields to boost production. While not yet finalized, this is a major step forward for a project that has struggled to get off the starting line, with Baghdad initially hoping for 2017 start up (MEES, 7 June 2013). Talks are ongoing with ExxonMobil and PetroChina for the South Iraq In...
Volume: 62Issue: 21Published at Fri, 24 May 2019 -
Petroceltic Renamed Sunny Hill
...ES, 8 April 2016). The firm’s key asset is the 3.5bcm/y Ain Tsila project in Algeria, where start-up is scheduled for 2022 (MEES, 15 March). Its other North Africa assets are in Egypt where it produced 79.8mn cfd of gas from three concessions in the onshore Nile Delta in 2017. The firm is also em...
Volume: 62Issue: 21Published at Fri, 24 May 2019 -
Sonatrach Goes West
...servoir but without disclosing further details. Such opportunities may be a long time coming given that Tindouf is over 500km from the nearest producing gas field, Reggane, which entered service at the end of 2017. ...
Volume: 62Issue: 21Published at Fri, 24 May 2019 -
Libya: Security Situation Worsens
...most 20,000 b/d for Q1, up from 2018’s 7,600 b/d and 2017’s 12,100 b/d. While there was no damage to the Zella field or its facilities, the assault highlights the security challenges facing Libya’s lifeline oil sector. It also comes on the back of a 29 April rocket attack on the frequently shut-in 30...
Volume: 62Issue: 21Published at Fri, 24 May 2019