oil production | Egypt Oil & Gas

Fourth Vessel Set to Depart for Guyana in Q1 2025, Boosting Oil Output by 250,000 bbl/d

The fourth floating production storage and offloading (FPSO) facility is expected to depart for the South American country in the first quarter of 2025, said John Hess, CEO of US oil producer Hess Corporation, dur ...

Exxon-led Consortium Reaches 500 Million Barrels in Guyana’s Stabroek Block, Eyes 1.3 Million Daily by 2027

ExxonMobil said on Wednesday it had reached 500 million barrels (mmbbl) of oil production from Guyana’s Stabroek block since 2019, with aim to increase production capacity to over 1.3 mmbbl of oil per day by 2027 ...

Egypt Explores Cooperation Opportunities in Geothermal Energy with Baker Hughes

Egyptian General Petroleum Corporation's Chairman Salah Abdel-Karim has met with Baker Hughes' EVP for Oilfield Services and Equipment, Amerino Gatti, accompanied by his delegation to explore innovative solutions ...

CNOOC Starts Oil Production at Bozhong 19-2 Oilfield Development Project

CNOOC commenced production at Bozhong 19-2 Oilfield Development Project with an estimated peak production of approximately 18,000 barrels of heavy crude oil per day. Located in central Bohai Bay, the project has a ...

Ganope Announces Q1 2024 Exploratory Drilling Program with $150M Budget

The Chairman of South Valley Egyptian Petroleum Holding Company (Ganope), Ashraf Bahaa stated that company is now working on the second phase of collecting 3D seismic survey data at the Red Sea, noting that on the ...

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.

Iranian Oil Production Increases to 3.3 mmbbl/d: Owji

Iran's Oil Minister Javad Owji has stated that the country's oil production has increased recording 3.3 million barrels per day (mmbbl/d), Shana reported.

Sirte Oil Company Announces Successful Drilling of the Exploratory Well J3- NC101

Sirte Oil Company has announced the successful drilling for its exploratory well, J3 - NC101 which achieved encouraging results after completing its drilling at depth of 7833 feet.

Falcon Oil & Gas Commences Spudding Shenandoah South Horizontal Well

Falcon Oil & Gas announced the spudding of the Shenandoah South 1H (“SS1H”) horizontal well in exploration permit 117 with its joint venture partner, Tamboran (B2) Pty Limited (“Tamboran B2”).

Oman’s LNG Reserves Record Increase by 7% in 2022

The annual report issued by the Ministry of Energy and Minerals that Oman’s liquefied natural gas (LNG) reserves reached to 24 trillion cubic feet (tcf) in 2022 recording increase by 7% compared to the correspondi ...

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