oil production | Egypt Oil & Gas - Part 10

Equinor to Increase Production at Sverdrup to 500,000 bbl/d

The Johan Sverdrup field is set to increase capacity to reach around 500,000 barrels of oil per day (bbl/d), a 30,000 bbl/d increase from its current capacity.

Libya’s Oil Production Exceeds 1.2 mmbbl/d

 Libyan oil production has now reached a new high after the country recorded 1.215 million barrels per day (bbl/d), as the OPEC member’s oil industry recovers faster than expected.

UAE Crude Reserves Record 97.8 B bbl

The United Arab Emirates (UAE) has announced that the country’s crude oil reserves stood at 97.8 billion barrels of oil (bbbl) in 2019.

Libya’s Oil Production Exceeds 1 mmbbl/d

Libya’s National Oil Corporation (NOC) has announced on November 7 that the crude oil production has reached 1,036,035 mmbbl/d.

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.

Canada Ramping Up Production to End Year on a High 

Canadian producers are rigorously producing extra crude in an attempt to try and offset a dire year for the Canadian oil industry.

Petrobras Expects Higher 2020 Output Than Previously Predicted

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.

GPC Allocates EGP150 Million for “North West” Pipeline Project

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 Production Increases to 500,000 BBL/D 

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).

Pemex Expects Production to Rise to 2.3 mmbbl/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.

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