gas production | Egypt Oil & Gas - Part 3

Gas Production at Groningen Gas Field to drop to 9.3 bcm

Natural 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) until October 2021, according to Reuters. Current production at the ...

BP Oman to Launch 500-million-cubic feet gas project

BP Oman has announced that it is set to launch a 500 million cubic feet per day (mcf/d) project from its Ghazeer development in Block 61, according to The Oman News Agency. This project will effectively increase natur...

Russia’s Oil Production Nearing Compliance with OPEC+ Cuts

Russia’s oil production fell to between 8.59 – 8.69 million barrels per day (mmbbl/d) in May, nearing Moscow’s previous pledge of reducing production to 8.5 mmbbl/d, according to Reuters.  Under the OPEC+ agreem...

PDO Oil, Gas Production Reaches Record Levels in 2019

Petroleum Development Oman (PDO), Oman’s largest oil producing company, achieved record production of 1.210 million barrels of oil equivalent per day (mmbbl/d) in 2019, an increase from 2018’s 1.205 mmbbl/d, according...

Kazakhstan Achieves 102.6% of Oil Production Plan

Kazakhstan’s Minister of Energy, Nurlan Nogayev, reported that Kazakhstan produced 31.3 million tons of oil between the months January-April, which amounts to 102.6% of the production plan, according to the government...

Libya’s NOC to Increase Faregh Field Production

Libya’s National Oil Corporation (NOC) announced on November 11 the completion of its operational tests for the second development phase of Faregh field, according to Reuters. This will raise the gas production ...

Rashpetco, Burullus Gas Complete 9B Phase

Rashid Petroleum (Rashpetco) and Burullus Gas Company have successfully completed drilling the remaining from a total of six wells in the 9B phase of the West Delta Deep Marine (WDDM), according to a statement by the ...

Kuwait to Boost Natural Gas Production

Kuwait plans to boost gas production in the upcoming years in order to limit import expenses, Arab Times reported. Kuwait’s plan is aiming to produce around a billion cubic feet of gas per day (bcf/d) from non-associa...

Iran to Increase South Pars Gas Production to 630 mcm/d

Iran plans to boost gas production from the South Pars field, the world’s largest gas field, to 630 million cubic meters per day (mcm/d) up from 580 mcm/d by mid-March, SHANA reported. “Iran currently extracts 5...

Egypt to Offer First E&P Bid Round for Red Sea

Egypt will launch the first oil and gas exploration and production (E&P) bid round in the Red Sea before the end of 2018 upon seismic reflection data processing, said Minister of Petroleum Tarek El Molla, accordin...

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