oil fields | Egypt Oil & Gas

Libya Shuts Down Al-Sharara Field Amid Wave of Oilfield Closures

The Libyan National Oil and Gas Company (NOC) announced the force majeure on the Al-Sharara oil field.

TotalEnergies Wins PSC for Two Pre-Salt Oil Fields in Brazil

TotalEnergies along its co-venturers announced that it has won production sharing contracts (PSC) for the Brazilian Atapu and Sépia pre-salt oil fields.

Iraq Oil Exports Record 92.4 mbbl During September

Iraq Oil Exports have reached to 92.422 million barrels (mmbl) during September 2021, achieving revenues worth $6.8 billion.

Iran to Develop West Karoun Oil Fields, Eyes 1 mb/d Output Increase

Iran plans to develop 11 oil fields in West Karoun to boost output by 1 million barrels per day (mb/d).

Kuwait Makes Three New Oil Discoveries

The Kuwaiti Minister of Oil, Electricity and Water, Mohammed Al-Faris announced the discovery of three new oil fields in different regions of the country for Kuwait Oil Company (KOC).

Rosneft to Sell Some of Russia’s Brownfields to Local Companies

Sova Capital and BGS brokerages announced that Rosneft company plans to sell its old depreciated oil fields  to local companies.

Syria’s Raqqa Begins Restoring Destroyed Oil Fields

The head of Al-Tabqah oil field management, Ali Ibrahim, said that the recovery works have started at liberated oil and gas sites in Raqqa province in northern Syria, as well as in the area between the governorate ...

Egypt’s Crude Oil Production to Increase 50,000 b/d YOY

Crude oil production is targeted to reach approximately 710,000 barrels per day (b/d) by June 2020, up from 650,000 - 660,000 in H1 2019.

Algeria, Libya to Co-Manage Oil Fields on Borders

Algeria’s Sonatrack has packed a deal with the Libyan National Oil Corporation (NOC) to jointly operate a number of crude oil fields located between the two countries’ borders.

Iraq to Boost Production of Southern Oil Field

Iraq will increase its oil production from one of its oldest oil fields in the south by 20.000b/d

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