Egypt Conducts Seismic Survey on Suez Gulf, Western Desert
Stable production is a positive sign in a time in which oil fields annual production declined by around 20% to 25%.
crude oil | Egypt Oil & Gas - Part 9
Egypt to Renew Importing Iraqi Crude Contract
Iraqi crude oil cargoes contribute to the local market's fuel demands, preventing bottlenecks, Tarek El Molla, Minister of Petroleum, noted.
Petroleum Production Covers 75% of the Market’s Demands
The Egyptian oil and gas sector managed to boost production rates during the second half of 2018 to reach 665,000 b/d of crude oil and condensates, which covers around 75% of the local market's demands.
Egypt Adds 240,000 b/d of Crude Oil in 2018
The Egyptian oil and gas sector added 240,000 barrels per day (b/d) of crude oil to production in 2018, according to a source at the Ministry of Petroleum.
Omani Oil Production Exceeded 30M Barrels in November 2018: Report
Crude oil and condensates production in Oman have exceeded more than 30 million barrels with a daily average of 1.14 million barrels in November 2018.
Egyptian Natural Gas Output to Reach 8 bcf/d in 2021: Ministry Official
Egypt's natural gas production will increase to 8 billion cubic feet per day (bcf/d) by 2021, up 29% from 6.2 bcf/d currently.
KNPC to Increase Refining Capacity to 2M b/d by 2035
Kuwait National Petroleum Company (KNPC) plans to spend around $25 billion to increase the refining capacity to 2 million barrels per day (b/d) by 2035.
Egypt Targets Boosting Crude Oil Production by 10,000 b/d
The Egyptian Ministry of Petroleum and Mineral Resources is aiming to increase crude oil production by 10,000 barrels per day (b/d) by the beginning of 2019.
Egypt’s Production of Crude Oil and Condensates Increases to 660,000 b/d
Egypt’s crude oil and condensates production increased to 660,000 barrels per day (b/d) in October 2018.
Saudi Arabia, Chinese Rongsheng Sign Crude Supply Deal
Saudi Aramco has signed a long-term agreement with Chinese Zhejiang Rongsheng for a supply of crude to the company’s new refinery in eastern China.
