IOOC Aims for Enhanced Productivity at Forouzan Field
The Iranian Offshore Oil Company (IOOC) has introduced new look measures to try and enhance oil production at Forouzan offshore field.
The Iranian Offshore Oil Company (IOOC) has introduced new look measures to try and enhance oil production at Forouzan offshore field.
Canadian producers are rigorously producing extra crude in an attempt to try and offset a dire year for the Canadian oil industry.
Brazil’s state-run oil company, Petrobras, has announced that production in 2020 should surpass previously disclosed estimates as production is ramped up at offshore oilfields.
General petroleum Company (GPC) stated that it allocated EGP150 million for implementing 8-inches pipeline project to exploit the produced gases from “North West” field in the Eastern desert.
Libya’s daily oil production continues to see a meteoric rise since the resumption of operations, with oil production rising to 500,000 barrels of oil per day (bbl/d).
Mexican state-run oil company Pemex expects to steadily increase liquids production over the next few years to reach 2.296 million barrels per day (bbl/d) by the end of 2024.
The Sultanate of Oman’s oil production in August declined by 7.5% which roughly equates to 190.91 million barrels of oil (mmbbl).
Saudi Arabia, the world’s largest oil producer, has reduced its crude oil production by 104,000 barrels of oil per day (bbl/d) when compared with August’s figures.
Norwegian oil workers expanded their ongoing strike on Monday, leading to the potential shutting off of oil and gas production at six offshore fields.
Libya, Africa’s largest oil-producing nation, has ramped up oil production to 295,000 barrels of oil per day (bbl/d) following the lifting of the blockade.