Mediterranean/N. Africa News


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Libya, Nigeria at 'High Risk' of Oil Sector Disruption
Monday, February 19, 2018 Libya and Nigeria are at 'high risk' of oil sector disruption, especially towards the end of 2018, according to oil and gas analysts at BMI Research.

OPEC Considers Moving the Goalposts - Here's Where They Might Go
Friday, February 16, 2018 The 24-country alliance wants to reduce oil stockpiles to their five-year average.

Oil Posts a Weekly Rise as Stocks Recover, Dollar Flounders
Friday, February 16, 2018 Oil posted its first weekly increase since last month.

How to Move up the Ladder in Oil, Gas
Thursday, February 15, 2018 Rigzone readers outline the best way to move up the ladder in the oil and gas world.

Kemp: OPEC Pact Likely To Evolve Rather Than Terminate
Wednesday, February 14, 2018 Ministers from OPEC have been anxious to counter speculation about an early end to production curbs.

Egypt Says Signs Seismic Survey Deal With Schlumberger
Wednesday, February 14, 2018 Egypt has signed a deal with Schlumberger to conduct a seismic survey in the Gulf of Suez.

Executives: Algeria's Sonatrach, Italy's Saipem Agree To End Disputes
Wednesday, February 14, 2018 Sonatrach and Saipem sign an agreement to end their legal disputes over four gas projects.

BP Announces Start-Up of Atoll Phase One
Tuesday, February 13, 2018 BP begins gas production from the Atoll Phase One project offshore Egypt.

Erdogan Tells Cyprus Not To Test Turkey Over Gas Standoff
Tuesday, February 13, 2018 Tempers flaring up in eastern Mediterranean over exploration rights.

As KOGAS Goes Into LNG Arbitration, Others May Follow
Tuesday, February 13, 2018 KOGAS' recent move could herald a shake-up of the region's LNG market as other buyers follow suit.

IEA: Surge In Global Oil Supply May Overtake Demand In 2018
Tuesday, February 13, 2018 The rise in global oil production, led by the US, is likely to outpace growth in demand this year, IEA says.

Standoff In High Seas As Cyprus Says Turkey Blocks Gas Drill Ship
Monday, February 12, 2018 Cyprus accuses the Turkish military of obstructing a ship contracted by Italian oil company Eni.

OPEC President Says Shale Won't Thwart Plan to Clear Glut
Monday, February 12, 2018 Surging output of US shale oil won't be a 'huge distorter' of efforts by global crude producers to clear a glut, according to OPEC's president.

Booming Asian Gas Demand Ripples All the Way to Norway
Monday, February 12, 2018 Asia's rapacious thirst for liquefied natural gas is sucking supplies from surprising places.

ExxonMobil's Reserves Jump 19% On Growth In US Shale, UAE
Friday, February 09, 2018 ExxonMobil says its oil and gas reserves surged 19% last year, thanks to growth in US shale, the United Arab Emirates and Guyana.

How to Create Your Environmental Engineer Resume
Friday, February 09, 2018 Here are some resume tips to help recent college graduates get a job as an environmental engineer.

New Eni Discovery 'Confirms' Extension of Zohr Like Play in Cyprus EEZ
Thursday, February 08, 2018 Eni has made a 'promising' gas discovery offshore Cyprus, which it says confirms the extension of a 'Zohr like' play in the country's exclusive economic zone.

Algeria's Sonatrach To Invest $56 Bln From 2018 To 2022 - CEO
Thursday, February 08, 2018 Algerian state energy firm Sonatrach will invest $56 billion from 2018 to 2022, its chief executive said on Thursday.

US Gas Drillers Are Missing Out on Asia's Oil-Driven Boom
Thursday, February 08, 2018 If you're pumping natural gas in the US, you're probably missing out on Asia's boom.

BLOG: What Not to Do as a Job Applicant
Thursday, February 08, 2018 Recruiters share some of the wildest things they've heard and experienced from job candidates.

Oil Hits 7-Week Low On Expectations Of Higher US, Iran Output
Thursday, February 08, 2018 Oil prices fall to their lowest in seven weeks.

Oil World Turns Upside Down as US Sells Oil in Middle East
Wednesday, February 07, 2018 The United Arab Emirates isn't the most obvious customer for Texan oil.

Experts Predict Brent Trends in 2018: A Wrap Up
Tuesday, February 06, 2018 Rigzone outlines the price direction and drivers of Brent crude oil in 2018.

ONZ-7 Results Confirm Sebou Permit can be 'Highly Cash Generative'
Tuesday, February 06, 2018 The latest results of the ONZ-7 well onshore Morocco confirm that the Sebou permit has the potential to be 'highly cash generative' for SDX Energy Inc, according to the company's president and CEO, Paul Welch.

Analysts Expect Brent Crude Price to Continue Rising Over Next Few Years
Monday, February 05, 2018 Oil and gas analysts at BMI Research expect the value of Brent Crude oil to continue rising over the next few years, according to a new report published by the company.

Xodus Group Hires General Manager for First Egypt Office
Monday, February 05, 2018 Xodus Group appoints a general manager for its first office in Egypt as the company 'aims to build on its track record in the country and target upcoming new contracts'.

Applicant Tracking Systems: The Good, Bad & Misunderstood
Monday, February 05, 2018 Rigzone gets oil and gas recruiters and HR personnel to weigh in on their use of the ATS and how it affects the recruiting process for employers and job candidates.

Next-Wave LNG Terminals Get Smaller To Offer Flexible Supply Deals
Monday, February 05, 2018 The liquefied natural gas market is growing every year, but the terminals that ship and receive the fuel are shrinking.

Oilfield Services Companies 'On An Upswing'
Friday, February 02, 2018 Oilfield services companies around the globe will face stronger demand for their services in 2018, according to a new report from BMI Research.

Egypt With Eni to Fast-Track Zohr Gas Output, Minister Says
Wednesday, January 31, 2018 Egypt is working with Eni to fast-track output at Zohr and end the country's need to import LNG as early as this year, Oil Minister Tarek el-Molla said.

Crude Gains First Time This Week After Gasoline Supplies Drop
Wednesday, January 31, 2018 Oil rose for the first time this week as a surprise decline in US gasoline supplies helped ease concerns about lackluster demand.

Oil, Gas 'Might Need a Tesla' to Attract Best Talent
Tuesday, January 30, 2018 The oil and gas industry might need to see the emergence of a company like Tesla to attract the best talent to the sector.

Kemp: US Oil And Gas Drilling Costs Rise As Rig Count Climbs
Tuesday, January 30, 2018 US shale producers are facing rising costs for everything from drilling rigs to pressure pumping equipment and labour.

Oil Prices Have Limited Upside
Tuesday, January 30, 2018 The 40% increase in oil prices since August is likely to stimulate a strong production response.

Oil Falls A Second Day On Stock Market Sell-Off, US Output
Tuesday, January 30, 2018 Oil prices slid for a second day, driven by ongoing evidence of rising US crude output.

Google, Facebook 'Wouldn't Have a Clue' How to Run Oil, Gas Industry
Monday, January 29, 2018 Companies like Google and Facebook wouldn't have a clue about how to run the oil and gas business, according to Rapidan Energy Group CEO Bob McNally.

Oil Is Looking Unstoppable as Hedge Funds Take Bets to New High
Monday, January 29, 2018 Hedge funds reported record wagers on continued price increases for both US and global oil benchmarks, along with gasoline and diesel.

Oil settles lower after dollar strengthens, rising U.S. output
Monday, January 29, 2018 Oil prices settled lower, pressured by a strengthening dollar and rising US crude output.

Shell Buying Spree Cranks Up Race For Clean Energy
Friday, January 26, 2018 Royal Dutch Shell has spent over $400 million on a range of acquisitions in recent weeks, from solar power to electric car charging points.

Sharp Rise in Oil, Gas Industry Confidence in 2018
Thursday, January 25, 2018 There has been a sharp rise in industry confidence in 2018, according to a new study by DNV GL, a technical advisor to the oil and gas sector.

BLOG: Are Rigzone Readers For or Against the Rise in Renewables?
Thursday, January 25, 2018 Are Rigzone readers for or against oil and gas companies strengthening investment in renewable energy?

Noble Energy Says To Expand Israel Activity Amid Natgas Success
Wednesday, January 24, 2018 Noble Energy plans to expand in Israel ahead of the 2019 start of production at the large Leviathan natural gas site.

Big Oil Flush With Cash Again, But No Party Yet
Wednesday, January 24, 2018 The world's top oil companies are expected to generate more cash in 2018 than at any other time this decade, but it isn't party time yet.

SDX Energy Makes Gas Discovery at Moroccan Well
Tuesday, January 23, 2018 SDX Energy makes a gas discovery at its ONZ-7 development well, located on the Sebou permit in Morocco.

What to Look for in Oil, Gas in 2018
Tuesday, January 23, 2018 Brian Williams of Carl Marks Advisors shares insights on what the industry can expect regarding E&P investment, M&A deals and trends for 2018.

Big Oil Said to Plan Tenfold Expansion of Cost-Cut Collaboration
Tuesday, January 23, 2018 The world's largest energy companies plan to significantly widen a two-year effort to standardize the kit they use to pump oil and gas.

Oil Jumps As Brent Tops $70, With Inventory Data On Tap
Tuesday, January 23, 2018 Oil rose more than 1%, with benchmark Brent crude hitting $70 a barrel for the first time in a week.

Oil Market 'Heading In The Right Direction' - Iraq
Monday, January 22, 2018 The global oil market is stabilising as crude inventories are falling, Iraqi Oil Minister Jabar al-Luaibi says.

Big Global Oil Projects Are Starting to Get Off the Ground
Monday, January 22, 2018 The global oil industry's backlog of big drilling projects is starting to shrink as prices improve.

Oil Rises on Saudi-Russian Alliance Talk After Market Hesitates
Monday, January 22, 2018 Oil closed higher after Saudi Arabia and Russia signaled production cuts may be extended into 2019.

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