Dublin-based oil and gas exploration company Petroceltic is expected to achieve formal government approval for the future development of its headline Isarene/Ain Tsila gas field asset in Algeria by the end of July.

OIL production levels from Tullow Oil’s Ghana-based Jubilee Field — which started producing late last year — have increased to over 70,000 barrels of oil per day (bopd) and are on course to reach the forecast 120,000 bopd level by July.