oil production | Egypt Oil & Gas

Iraq Makes Progress in Oil Production, Associated Gas Investments

The Iraqi Ministry of Oil announced the increase of daily oil production at the Nasiriyah oil field to 80,000 barrels, after putting nine wells online, according to Iraq News Agency.

Production at the field ...

OPEC+ to Increase Oil Output by137,000 bbl/d in November, Amid Steady Global Market Conditions

Eight OPEC+ member countries—Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman—have agreed to raise oil output by 137,000 barrels per day (bbl/d) in  November 2025. The Group increased out ...

OPEC+ to Raise Oil Production by 137,000 bbl/d in October

The eight OPEC+ countries have decided to continue to increase oil production in October by 137,000 barrels per day (bbl/d), which is lower than the increases of  September and August of by about 555,000 bbl/d, ac ...

BAPTECO Produces 53,000 BOE/D, Drills 18 New Wells in Fiscal Year 2024/2025

Badr El Din Petroleum (BAPTECO) has produced an average of 53,000 barrels of oil equivalent per day (boe/d) this year, drilled 18 wells and carried out 79 well workover and recompletion operations with total inves ...

Badawi Expands Cooperation with Chile’s Enap Sipetrol in Petroleum, Mining Sectors

Karim Badawi, Minister of Petroleum and Mineral Resources, met with Roberto Ebert, Ambassador of Chile to Cairo, along with a delegation from the Chilean ENAP Sipetrol, which has current investments in Egypt, to d ...

ExxonMobil Begins Production from Yellowtail Project Offshore Guyana

US ExxonMobil has commenced production from Yellowtail, its fourth oil development in Guyana’s offshore Stabroek block, four months ahead of schedule. The company reported an initial average production of 250,000 ...

OPEC+ to Raise Oil Production by 547,000 bbl/d in September 2025

The eight OPEC+ member countries decided to raise oil production by 547,000 barrels per day (bbl/d) in September 2025 from the August 2025 required production level. This adjustment was the result of the steady gl ...

OPEC+ May Approve Additional Oil Production on Sunday

OPEC+ member countries are predicted to approve more oil production on Sunday, noting that the members are still discussing the final increase for September.

TotalEnergies Starts Production from Mero-4 Oil Field Offshore Brazil

French integrated energy company TotalEnergies announced on Sunday first oil production from the fourth development phase of the Mero-4 field on the Libra block in the pre-salt are of the Santos Basin, Brazil. Thi ...

OPEC+ to Introduce Another Output Increase in June

OPEC+, a collaboration between OPEC and other oil-producing nations led by Russia, will introduce a 411,000 barrels per day (bbl/d) hike in its production in June, mirroring the surge it adopted in May.

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