crude oil | Egypt Oil & Gas - Part 6

ADNOC Renews Storage Deal with Japan

The Abu Dhabi National Oil Company (ADNOC) renewed and expanded an agreement with Japan to store and trade crude in Asia’s second-biggest economy.

Kuwait’s Neutral Zone Oil Production to Reach 250,000 BBL/D

Kuwait’s Minister of Oil, announced that production from the Neutral Zone is expected to reach 250,000 barrels per day (bpd).

Saudi Crude Oil Exports Reach its Highest Level in October

Saudi Arabia’s crude oil exports have significantly increased by around 388,000 barrels per day (b/d) to reach 7.057 million barrels per day (mmbbl/d) in October, up from 6.669 mmbbl/d in September.

Saudi Crude Oil Production Falls 0.7 MM b/d

Saudi Arabia's total crude oil output dropped by 0.660 million barrels per day (b/d) in September to 9.129 million b/d.

GPC Puts NES-16 Well on Production

The General Petroleum Company (GPC) announced that it has discovered a new oil payzone in Abu Rawash D and drilled NES-16 well, pointing out that this step is considered a new step of its kind in the region.

Iran Discovers Field with 53 B Barrels of Crude Oil

Iran has discovered a new oil field with proven reserves of around 53 billion barrels of crude oil, Iranian President Hassan Rouhani announced on November 10.

Abu Dhabi Sees Boost in Oil, Gas Reserves

Abu Dhabi’s Supreme Petroleum Council (SPC) approved the launch of a new pricing mechanism for the Abu Dhabi National Oil Company's (ADNOC) onshore crude oil and Murban. Furthermore, it announced an increase in oi ...

Kuwait Operates LPG Processing Unit in Mina Al-Ahmadi Refinery

Kuwait National Petroleum Company (KNPC) began the operations of a liquefied petroleum gas (LPG) processing unit in Mina Al-Ahmadi refinery.

MOC 2019 Opens at the Bibliotheca Alexandrina Conference Centre

Mohamed Saafan, the First Undersecretary for Oil Affairs in the Ministry of Petroleum and Mineral Resources, has delivered the opening speech of the Mediterranean Offshore Conference and Exhibition (MOC 2019) on b ...

Oman’s Crude Oil Production Reaches 29.18 MM Barrels in September

Oman’s total production of crude oil and condensates reached around 29.18 million barrels, with a daily average of around 972,750 barrels in September.

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