Regional News: Mediterranean/N. Africa
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Gulfsands Ousts CEO, Names Waterford Nominee as Chairman
Tuesday, April 14, 2015 Gulfsands removes Mahdi Sajjad as chief executive after investor pressure.
Libya's AGOCO Producing 317,000 Bpd, Brega Oil Port Still Closed
Monday, April 06, 2015 AGOCO is producing 317,000 barrels per day (bpd), the highest level in the last two years, the company's spokesman says.
Apache's New Technology Yields 'Strong' Drilling Results in Egypt
Tuesday, March 31, 2015 Apache reports strong appraisal- and development-drilling results from Egypt following the previously announced discovery of two new oil fields in the Western Desert.
NOC Data: Libya Boosts Oil Output Despite Turmoil
Friday, March 27, 2015 Libya, struggling with militant attacks and two governments vying for control of the country, has boosted oil production to around 622,000 bpd, a report from NOC says, higher than previously expected.
Cyprus Draws Norway Parallel After Latest Gas Quest Failure
Thursday, March 26, 2015 Cyprus' president sought to draw a parallel with oil-rich Norway after the latest failure in the Mediterranean island nation's quest for gas.
Libya's State Oil Firm NOC Operating Independently, Says Rival Government
Tuesday, March 24, 2015 Libya's state oil firm NOC based in the Tripoli is operating independently, says a minister of a rival government of the North African that controls the capital city.