KRG 'MONTHLY' PAYMENT TIMINGS Independents in Egypt have rapidly responded to rising oil prices.

Egypt’s oil output has fallen by 35,000 b/d since peaking at 700,000 b/d in mid-2015. The output record came on the back of sustained high drilling levels – with the country’s oil rig count at around 40 during the whole of 2014. (CONTINUED - 813 WORDS)