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RWE DEA, THE gas and oil exploration and production unit of German utility RWE, said Monday it will jointly invest US$9bn in the development of two offshore gas fields in Egypt with project operator BP.WE DEA, THE gas and oil exploration and production unit of German utility RWE, said Monday it will jointly invest US$9bn in the development of two offshore gas fields in Egypt with project operator BP.

ENI HAS STARTED gas production from the Tuna field, within the Temsah Concession, which is located in the Mediterranean off the coast of Egypt. By the end of its ramp-up period in September, this project will produce 4.5 mn scm/day of gas which will contribute about 8,500 boe/day to Enis equity share production.NI HAS STARTED gas production from the Tuna field, within the Temsah Concession, which is located in the Mediterranean off the coast of Egypt. By the end of its ramp-up period in September, this project will produce 4.5 mn scm/day of gas which will contribute about 8,500 boe/day to Enis equity share production.

FOLLOWING PRESIDENT GOODLUCK Jonathans approval of new prices for gas-to-power, oil companies that supply gas to the Power Holding Company of Nigeria (PHCN) are planning to meet with the power utility company to revise previous agreements on gas supply.OLLOWING PRESIDENT GOODLUCK Jonathans approval of new prices for gas-to-power, oil companies that supply gas to the Power Holding Company of Nigeria (PHCN) are planning to meet with the power utility company to revise previous agreements on gas supply.

UK INDEPENDENT DOMINION Petroleum said an independent audit showed mean prospective resources of 1.1bn barrels of oil or 7 Tcf of gas in its Alpha prospect on Block 7, offshore Tanzania.

p>UK INDEPENDENT DOMINION Petroleum said an independent audit showed mean prospective resources of 1.1bn barrels of oil or 7 Tcf of gas in its Alpha prospect on Block 7, offshore Tanzania.

OMV HAS ANNOUNCED a new gas-condensate discovery following the successful drilling of the Ritma-1 exploration well in the Nawara Production Concession in southern Tunisia.

p>OMV HAS ANNOUNCED a new gas-condensate discovery following the successful drilling of the Ritma-1 exploration well in the Nawara Production Concession in southern Tunisia.

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