Oil production

Algeria: Anadarko expresses willingness to renew its production contracts

Posted on March 12, 2019March 12, 2019 by Mozambique Resources Post

The US group Anadarko, the largest producer of crude oil among Sonatrach’s partners, expressed willingness to renew its production contracts in Algeria and reinforce its activity there, a senior official from Sonatrach told APS.

Africa: Can Angola Learn from Nigeria’s Marginal Oil Production

Posted on January 21, 2019January 22, 2019 by Mozambique Resources Post

What Angola can learn from Nigeria as it creates remarkable opportunities for marginal oil production.The Nigerian experience with marginal oil field development had measurable success, with 24 licenses awarded to 31 companies, some as sole operators and others as joint-ventures.

Africa Oil & Gas: Angola expects to produce 1.5 million barrels of oil per day in 2018/2022

Posted on June 21, 2018 by Mozambique Resources Post

Angola’s National Development Plan (NDP) for the 2018/2022 period, which prioritizes human development and well-being, outlines that oil production will reach an annual average of 580.9 million barrels or 1.5 million barrels per day, the minister of Economy and Planning said on Wednesday in Luanda.