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. The field was forced to close by a group of individuals who put pressure on workers in the Al-Sharara oilfield and...
TotalEnergies Wins PSC for Two Pre-Salt Oil Fields in Brazil
TotalEnergies along with its co-venturers announced that it has won production sharing contracts (PSC) for the Brazilian Atapu and Sépia pre-salt oil fields, the company said in a statement. It elaborated that the PSC...
Iraq Oil Exports Record 92.4 mbbl During September
Iraq Oil Exports have reached to 92.422 million barrels (mbbl) during September 2021, achieving revenues worth $6.8 billion, Iraq’s Oil Ministry reported in reference to State Oil Marketing Organization (SOMO) d...
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), Shana News Agency reported. West Karoun concession contains several oil fields shared by Iraq and Western Iran. T...
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 across the country, made by Kuwait Oil Company (KOC), according to statement ...
Rosneft to Sell Some of Russia’s Brownfields to Local Companies
Sova Capital and BCS brokerages said that Rosneft company plans to sell some of its underperforming oil fields to local companies, according to Reuters. Sova Capital said that Rosneft plans to sell some of its brownfi...
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 and...
Egypt’s Crude Oil Production to Increase 50,000 b/d YOY
Egypt’s petroleum sector is planning to boost crude oil production by 40,000-50,000 barrels per day (b/d) during the fiscal year (FY) 2019-20, an official source in the Egyptian General Petroleum Corporation (EGPC) to...
