The OPEC+ countries will not be able to increase their collective oil production levels in the second half of 2019 without having a detrimental effect on oil prices, according to oil and gas intelligence firm Rystad Energy
Exploration & Production
Dana Gas commences drilling operations at Egypt concession area
Dana Gas PJSC, a Sharjah-based natural gas company, has announced it has commenced drilling operations on 20 May at its Merak-1 well, offshore Egypt
No oil in Kekra-1 prospect
Italian major Eni, as operator, together with the USA supermajor ExxonMobil and local players PPL and OGDCL as partners, drilled the Kekra-1 prospect
Oil and gas exploration sector regains its mojo
Wood Mackenzie said its eleventh annual exploration survey – in which 258 senior energy leaders participated – reveals that the oil and gas industry is optimistic in 2019, profits have returned and prospects look good
Mazarine Energy and ETAP discover oil in SMG-1 in North Africa
Mazarine Energy Tunisia BV and partner Entreprise Tunisienne d’Activités Pétrolières (ETAP) have discovered oil-bearing reservoir in exploration well Sidi Marzoug-1 (SMG-1) in the 4012 sq km Zaafrane permit in Central Tunisia
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