Apache Uncovered 7 New Oil,Gas Discoveries in Egypt
Sunday, 18th September 2016
Egypt's Khalda Petroleum Company (Apache) uncovered 7 new oil and gas discoveries in the country's Western Desert area during fiscal year 2015/2016, in addition to drilling 50 new wells and completing work on 191 wells.
Abu Petroleum Company Confirms Abu Qir 3 Area Reserves
Wednesday, 31st August 2016
North Abu Qir3 area's 500bcf gas reserves and 20mb oil reserves are expected to push Abu Qir Petroleum's gas production to reach 300mcf/d and oil production to 7000b/d of condensates and 270 tone of butane daily.
Egypt’s Gas Production Levels Rose to 300mcf/d
Sunday, 15th May 2016
Ministry of Petroleum and Mineral Resources has released a report, which stated that placing four Nidoco exploratory wells on production line in the Abu Madi West license zone, in the Nile Delta, has increased country's overall output levels to more than 300mcf/d of natural gas and 300,000bl/d of condensates.
Iran Needs $20b for South Pars Gas, Refinery Projects
Thursday, 14th January 2016
Iran has announced that it needs a $20b investment, paid in $600m monthly installments, to launch the remaining phases of its South Pars Gas Field project in the Bushehr province, in order to be able to complete the development within the intended two years.