Egypts economic prospects are expected to be negatively impacted by import controls, inflation resulting from a substantial weakening of the Egyptian pound, and the implementation of aggressive monetary policy tightening measures
Exploration
Tendeka appoints new global advisor for production enhancement
Global completions specialist, Tendeka, has appointed Paul Clark as global advisor for production enhancement
Perenco Congo and partners commission four wells in Boatou
Perenco Congo has announced the commissioning of four wells having obtained a new 20-year operating permit for Boatou
TotalEnergies signs well intervention and integrity contract with Expro for Tilenga
Energy services provider, Expro Group Holdings NV has announced a five-year well intervention and integrity contract with TotalEnergies EP Uganda for the multi-well Tilenga project
OPEC+ lowers production targets for 2024
OPEC+ maintains production targets for 2023, lowers for 2024, as Saudi Arabia announces additional 1 mn barrels per day voluntary cuts in July