natural gas production | Egypt Oil & Gas

Venezuela Awards Gas License to bp, XRG, and UCC

Venezuela has awarded a license to British Petroleum (bp), UAE-based XRG, and Qatar-based UCC Holding to explore and develop the second phase of the Loran offshore natural gas field, as Caracas seeks to attract foreig...

Rashpetco to Double Natural Gas Production by FY 2029/30

Rashid Petroleum Company (Rashpetco) unveiled a five-year strategic plan (2025–2030), which encompasses Rashpetco and its subsidiaries: Burullus Gas Company and West Mina Gas Company. The plan aims to double its curre...

Egypt’s Natural Gas Production to increase by 2027: Madbouly

The government’s regular monthly payment of accumulated arrears for foreign partners would encourage them to return to produce at the previous high output levels, boosting Egypt’s natural gas supply by 202...

Shell Approves Aphrodite Gas Project Offshore Trinidad

Shell announced approving the final investment decision on the Aphrodite gas project offshore Trinidad and Tobago, Reuters reported citing the company. The project is set to start production in 2027, with expected pea...

Oman Sees 5.1% Drop in Oil Production, 4.9% Rise in Natural Gas Imports, Production in 2024

Oman reported a 308,422,100 barrels of oil exports by the end of December 2024, a slight drop from 310,331,200 barrels recorded in the same period last year, according to Oman news agency. The country reached total oi...

bp Targets to Increase Production from Two New Wells in Ravin Field to 200 mmcf/d

Minister of Petroleum and Mineral Resources Karim Badawi, accompanied by several petroleum leaders, has inspected the development operation for the West Delta fields in the Mediterranean, especially the offshore drill...

Wintershall Dea Announces First Natural Gas Production at East Damanhur

Wintershall Dea has announced that together with the partners that it achieved first natural gas production from its ED2-X well at East Damanhur block in the onshore Nile Delta. The company added that the well secures...

Oman’s Oil Exports Reach 178.9 mmbbl by end of July 2023

Data released by the National Centre for Statistics and Information (NCSI)showed that the total amount of exported oil recorded 178,956,300 barrels at the end of July 2023. It elaborated that the oil production reache...

Oman’s Natural Gas Production Records Increase to More Than 26 bcm by End of June 2023

The total Oman local output of natural gas has reached 26.19 billion cubic meters (bcm) until the end of June 2023, increasing by 2.3% compared to the same period in 2022, which amounted to 25.60 bcm, Times of Oman re...

TotalEnergies, SOCAR Start Gas Production from Absheron Field

TotalEnergies, along with its partner SOCAR, announced that they started production from the first phase of development of the Absheron gas and condensate field located in the Caspian Sea. According to the company’s s...

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