Fields | Egypt Oil & Gas

Equinor’s Strike-Affected Fields Resume Production

After a strike by members of the Norwegian Organization of Managers and Executives (Lederne) was called off, the Gudrun, Oseberg South, and Oseberg East fields have started production.

LUKOIL, Gazprom’s JV Secures License for Vaneyvisskoye, Layavozhskoye Fields

Gazprom announced that it has transferred its subsoil use license for the area that includes the Vaneyvisskoye and Layavozhskoye fields to its joint venture (JV) with LUKOIL; Layavozhneftegaz LLC (LVNG LLC).  

LUKOIL Achieves 100 bcm of Natural Gas Production from Uzbekistan Projects

LUKOIL announced that it has achieved  cumulative natural gas production of 100 billion cubic meters (bcm) from its projects  in Uzbekistan since 2004. 

Russia’s Novatek Acquires E&P Licenses for Two Subsoil Areas

Novatek company announced that it has acquired, through an auction, the geological survey, exploration, and production (E&P) licenses for two subsoil license areas including the Arkticheskoye and Neytinskoye field ...

Iran’s NIOC Signs 8 Oil Contracts with Local Companies worth $1.2 B

The National Iranian Oil Company (NIOC) has signed eight oil contracts with local companies to boost and maintain production at the Iranian fields at a cost of $1.2 billion.

BAPETCO Produced 120 boe/d in 2017/18: Company Head

Badr El Din Petroleum Company's (BAPETCO) production increased to 120 barrels of oil equivalent per day (boe/d) during fiscal year (FY) 2017/18.

EPROM Receives Offer to Operate in Iraq Gas Field

The Egyptian Projects Operation and Maintenance Company received an offer in 2017 to operate Siba natural gas field in Iraq in partnership with the Egyptian Maintenance Company.

Rosneft to Explore and Develop Fields in Iraq’s Kurdistan

Rosneft and the government of Kurdistan signed production sharing deals for five oil blocks.

Shell Expects Oil, Gas Output in Brazil to Quadruple by 2020

Royal Dutch Shell, Europe's largest oil company, expects to make robust investments in Brazil's offshore resources, hoping to quadruple oil and gas output of the country by 2020, while predicting that oil prices woul ...

El Paso Agrees to Sell All Its Oil and Gas Fields in Egypt

El Paso Corp. (EP) , the pipeline company being bought by Kinder Morgan Inc. (KMI), has agreed to sell its oil and natural-gas fields in Egypt to an unidentified buyer, reducing its first-quarter results by about $62 ...

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