crude oil | Egypt Oil & Gas - Part 8
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, according to the National. The original agreement expired at the end o...
Kuwait’s Neutral Zone Oil Production to Reach 250,000 BBL/D
The Kuwaiti production of crude oil from the Neutral Zone shared with Saudi Arabia is expected to reach around 250,000 barrels per day (bbl/d) after re-commencing operations by the end of 2020, according to Khaled Al-...
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, according to Mubas...
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, according to Zawya. The country’s crude oil exports fell in September by 3%, reaching 6.67 ...
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. GPC added...
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, Reuters reported. Iran began the field’s discovery i...
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 ...
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 on October 25, according to the company’s spokesman, Reuters reported citing ...
