crude oil production | Egypt Oil & Gas

Saudi Arabia to Reduce Oil Production Worth 1% of Daily Global Supply

A Saudi Ministry of Energy Official stated that Saudi Aramco will reduce its crude oil production in June by a voluntary amount of 1 million barrels of oil per day (mmbbl/d) or 1% of daily global oil supply.

WEPCO’s Production Reaches 3,500 bbl/d

Western Desert Operating Petroleum Company’s (WEPCO) production has reached 3,500 barrels per day (bbl/d) after streamlining well Badr 4-6.

Iraq’s Oil Revenues Increase to $5 Billion

Iraq's oil revenues surpassed $5 billion in February through exporting more than 98 million barrels of crude oil (mmbbl).

Jordan Receives 290,000 bbl From Iraq

Hala Zawati, Jordan’s Minister of Energy that in February 2020 they received approximately 290,000 barrels of crude oil at a rate of 10,000 barrels per day (bbl/d) from the Jordan Petroleum Refinery Company.

Khalda’s Investments to Reach $792 MM in FY 2020/21

Khalda Petroleum Company's (Apache) investments are expected to reach $792 million during Fiscal Year (FY) 2020/21.

El Molla Reviews Qarun Budget for FY 2019/20 -2020/21

The Minister of Petroleum and Mineral Resources, Tarek El Molla, headed the general assembly meeting of Qarun Petroleum Company to review the adjusted budget for Fiscal Year (FY) 2019/20, and the planning budget f ...

Libya’s Production Drops to 284,153 BBL/D

Libya’s National Oil Company (NOC) declared that the country's oil production has dropped significantly in the week to January 24, 2020. The country's oil production reached 284,153 barrels per day of crude oil (b ...

Iraq to Increase Crude Oil Production

Iraq plans to increase crude oil production capacity in the next two decades, according to Thamer Al-Ghadhban, Iraq’s Oil Minister.

Abu Dhabi’s Crude Oil Production Grows by 1.4% in 2018

Abu Dhabi’s crude oil production registered around 1.097 billion barrels in 2018, which is an increase of 1.4% compared to 1.081 billion barrels in 2017, according to statistics issued by Abu Dhabi’s Statistics Ce ...

Egypt’s Crude Oil Production to Increase 50,000 b/d YOY

Crude oil production is targeted to reach approximately 710,000 barrels per day (b/d) by June 2020, up from 650,000 - 660,000 in H1 2019.

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