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|23 Aug 19
||Nigeria: LEKOIL acquires participating interest in OPL276
LEKOIL has agreed to acquire from Newcross Petroleum a 45 per cent participating interest in the Production Sharing Contract in relation to the Oil Prospecting Licence 276, covering a territory located onshore in the eastern Niger Delta basin.
|21 Aug 19
||UAE: ADNOC awards contracts for wells and drilling materials with multi-billion-dollar scope as it drives value through smart procurement
The Abu Dhabi National Oil Company (ADNOC) has announced the award of multi-billion-dollar contracts for the procurement of casing and tubing as it drives value through its smart approach to procurement. The contracts have a combined scope of AED 13.2 billion (USD3.6 billion) and the potential to achieve In-Country Value of over 50 percent.
|21 Aug 19
||Egypt: Zohr gas production reaches 2.7 bcfd
Eni has announced that the production from the Zohr field, the largest gas discovery ever made in Egypt and in the Mediterranean Sea, has now reached more than 2.7 billion cubic feet per day (bcfd), about 5 months ahead of the Plan of Development (PoD).