Egypt was one of the first countries that began drilling early in 1885, and this has shaped the economic development and future of the country ever since. Recent discoveries in Egypt’s gas industry have enhanced the growth of the energy sector, captivating strong interest from oil companies on a national and international level.
“The end of the oil era is still far away,” according to Christophe de Margerie. His prediction serves as the inspiration for this year’s Russian Petroleum Technical Conference, to be held 26-28 October in Moscow.
Douglas-Westwood, a UK-based headquartered provider of energy business strategy, research and commercial due-diligence services, comments on "Offshore Drilling Contractors Facing Uncertainties" in the latest edition of DW Monday.
The participant companies of the Sakhalin-1 consortium are pleased to note that all the works for the start of the commercial oil production at the Arkutun-Dagi field were conducted in strict compliance with the approved schedule, determined technological specifications and subject to all the industrial and ecological safety legislations. Berkut platform started first oil supplies.
Total has started gas and condensate production from the West Franklin Phase 2 project in the Central Graben area of the UK North Sea. The project will supply 40,000 barrels of oil equivalent per day (boe/d) to the Elgin/Franklin hub.
Total has completed the flare out of the Ofon field on Oil Mining Lease (OML) 102 offshore Nigeria. The associated gas of the Ofon field is now being compressed, evacuated to shore and monetized via Nigeria LNG.