gas production | Egypt Oil & Gas - Part 3

gas production | Egypt Oil & Gas - Part 3

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.

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.

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, a 0.41% increase from 2018’s 1.205 mmbbl/d.

Kazakhstan Achieves 102.6% of Oil Production Plan

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

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.

Rashpetco, Burullus Gas Complete 9B Phase

Rashid Petroleum (Rashpetco) and Burullus Gas Company have successfully completed drilling the remaining six wells within the 9B phase of the West Delta Deep Marine (WDDM).

Kuwait to Boost Natural Gas Production

Kuwait plans to boost gas production in the upcoming years in order to limit import expenses.

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.

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.

Syrian Petroleum Company Loses 252M Barrels of Crude in H1 2018

The Syrian Petroleum Company lost around 252 million barrels of oil in the first half of 2018 due to delays, production failures and theft.

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