Pharos Production Mounts to 5,979 bbl/d in Egypt
Pharos Energy’s Egypt production has amounted to 5,979 barrels of oil per day (bbl/d) in H1 2020.
oil production | Egypt Oil & Gas - Part 12
Production Restarts at Wafra Oilfield
Crude oil production resumed on July 1 at the Wafra oilfield, which is a joint venture between Kuwait and Saudi Arabia.
GPC Increases Oil Production to 60,000 bbl/d
The General Petroleum Company (GPC) increased its production to reach 60,000 barrels of oil per day (bbl/d).
Oman Warns Crude Oil Customers of 10% Cuts for September
Oman has informed its crude oil customers that it will cut around 10% in allocations for September loading and delivery
Transglobe Egypt Production Records 12,506 bbl/d in June
Transglobe’s oil production rates in Egypt recorded 12,506 barrels of per day (bbl/d) in June (until June 19) compared to 12,544 bbl/d in Q1 2020.
UAE Oil Output Capacity Reaches 4.2 mmbbl/d in April
The UAE, OPEC’s third largest producer, recorded a daily production of 4.2 million barrels of oil per day (bbl/d) in April before the record OPEC+ agreement.
Iraq Requests BP to Cut Production by 10%
Iraq has requested that supermajor BP cut its crude production by 10% at the southern field of Rumaila as Iraq ramps up efforts to comply with OPEC+ cuts.
Yemen Has Plans to Raise Production by 25%
Yemen’s energy minister of the country’s internationally-recognised government, Aws Abdullah al-Awd, announced that Yemen has plans to ramp up production by 25% to 75,000 barrels of oil per day (bbl/d).
Iran’s First Well in Sivand Oil Field to Turn Operational
Iranian Offshore Oil Company (IOOC) has completed drilling operations for the first well at the Sivand offshore oilfield and the well is expected to become operational in the not so distant future.
Kazakhstan to Compensate for May Overproduction
Kazakshtan’s Energy Minister, Nurlan Nogayev, has confirmed that Kazakhstan will offset overproduction in May by lowering output in August and September.
