THE SHELL PETROLEUM Development Company of Nigeria (SPDC) has begun producing oil and gas from the Gbaran-Ubie project in the Niger Delta, providing an important new source of energy for export and domestic markets.
ENI HAS PUMPED first gas from the Tuna field, in the Temsah concession, off Egypt.
PETROBEL HAS STARTED gas production from the Tuna field in the Temsah concession off Egypt’s Mediterranean coast.
DANA PETROLEUM HAS agreed to acquire a 50 per cent interest from BG International in the El Manzala Offshore Area Concession in the Mediterranean Sea, offshore Egypt. The transaction is subject to regulatory approvals.
BP, RWE DEA, and EGPC have signed an agreement for a nine billion dollar gas field development project in two West Nile Delta concessions offshore northern Egypt.