Shell Reduces Assets Value Up to $4.5 B
Shell reduced the value of its oil and gas assets by $3.5 billion to $4.5 billion to adjust to a more vulnerable outlook in Q4 2020.
gas production | Egypt Oil & Gas - Part 2
Khor Mor Achieves Gas Production Record of 430 mmcf/d
Dana Gas achieved a production record from Pearl Petroleum’s Khor Mor Gas Plant of 430 million cubic feet per day of gas (mmcf/d) on December 15 in the Kurdistan Region of Iraq (KRI).
Iran to Start Gas Production from Phase 11 in 2022
Iran will start to produce natural gas from Phase 11 of the South Pars gas field during H2 of the next Iranian calendar year beginning on March 21, 2021 at a cost of $50 million
China to Increase Natural Gas Production in 2020 by 1.1%
China’s state-run oil and gas company, Sinopec, has announced that it plans to produce more than 30 billion cubic meters (bcm) of natural gas in 2020.
Gazprom Sets Record Gas Production at the Leningradskoye Field
Following a set of tests at Gazprom’s Leningradskoye field, the commercial gas inflow reached the heights of 1 million cubic meters per day (mcm/d).
CNOOC Commences Production at Liuhua 29-1 Gas Field
China National Offshore Oil Corporation (CNOOC) announced on November 2 that the Liuhua 29-1 gas field has commenced production.
Iran Increases Natural Gas Production by 9% YoY
Iran has shown a 9% year-on-year (YoY) increase in the production of gas and gas condensates in the first six months of the current Iranian year (March 21, 2020-September 21, 2020).
Production Capacity at South Pars Increased by 200 MCF
Iran’s largest gas field, South Pars, has increased its capacity by 200 million cubic feet (mcf) after the completion of phase 22’s three new wells becoming operational.
Gas Production at Groningen Gas Field to drop to 9.3 bcm
Gas production at the Groningen field in the Netherlands has been capped by the Dutch gas sector regulator at 9.3 billion cubic metres (bcm) for the year ending October 2021
BP Oman to Launch 500-million-cubic feet gas project
BP Oman has announced plans to ramp up gas production by a massive 500 million cubic feet per day (mcf/d) from its Ghazeer development in Block 61 by the end of 2020.
