oil production | Egypt Oil & Gas - Part 11

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.

Oman’s Oil Production Falls 7.5% in August

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 Oil Production Remains Steady in September

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.

Norway Strikes Threaten to Curtail Norway’s Output by 8%

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’s Oil Output Rises to 295,000 bbl/d

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.

Russia Oil, Gas Production Exceeds OPEC Pact

Russian oil and gas condensate production has edged to 9.93 mmbbl/d in September, slightly exceeding its Organization of Petroleum Exporting Countries’ (OPEC) quota.

Cabinet Emphasizes Petroleum Sector Achievements

The Media Center of the Cabinet issued a report shedding light on the most important achievements that led to Egypt's economic resilience during coronavirus, on top of which are several milestones of the petroleum ...

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