crude oil production | Egypt Oil & Gas - Part 2

Nigeria’s Oil Production Increased by 274,000b/d

OPEC announced last week that Nigeria’s crude oil production increased by 274,000b/d in April.

Nigeria’s Oil Production Reaches 2mb/d

The boost in production comes in line with Nigeria’s plan to increase its crude oil output to 3mb/d in the near future.

Tehran Chamber of Commerce Supports New Oil Contract Model

The Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) is to back the newly-developed oil contracts model.

Iran’s Resistance Economy HQ Approves New Oil, Gas Contracts

Resistance Economy Headquarters, a top government economic advisory body, approved Iran's new oil and gas contracts after some amendments had been done.

Tarek El Molla: EGPC Forging Ahead with Iraq Project

The Egyptian General Petroleum Corporation (EGPC) plans to start crude oil production in South Iraq’s “9” zone by the beginning of 2016. EGPC has a 10% stake of Kuwait Energy in the privileged area.

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