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Total achieves first oil at giant Egina field

Nigerian unit of French oil major, Total, said on December 29, 2018, it commenced production from the Egina field, located in around 1,600 meters of water depths, 150 kilometers off the coast of Nigeria.

read more... 03/01/2019

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Energean signs $900m gas deal with IPM

The Greek operator of Israel's offshore Karish and Tanin fields will supply the Beer Tuvia company with 5.5 BCM of gas over 19 years.

read more... 03/01/2019

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BP to develop 15 trillion-cubic-foot West African gas field

BP said on Friday it will move forward with plans to develop the Greater Tortue Ahmeyin gas field located in ultradeep waters shared by Senegal and Mauritania.

read more... 26/12/2018

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Total To Launch Oil Exports From New Nigerian Field In February

Just as OPEC and partners will have started the new round of production cuts to reduce oversupply, France’s Total is set to begin exports from the new ultra-deep Egina oil field offshore Nigeria in February 2019, at an initial rate of just over 100,000 bpd, Bloomberg reported on Thursday, quoting a copy of a loading program for the new grade it had seen.

read more... 21/12/2018

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Daily (20.12.2018): WTI crude jumped by 4.2% on Wednesday, due to stronger demand and a strike on Libya’s oil field

Oil prices recovered on Wednesday, as demand for refined products strengthened. Consequently, Brent crude soared by 1.7% to $57.24 a barrel. Moreover, the strike on the Libya’s El-Sharara oilfield supported WTI crude, which traded 4.2% higher at $48.17 a barrel.

read more... 20/12/2018

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