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.
oil production | Egypt Oil & Gas - Part 13
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.
Khalda Petroleum Puts NU-10 Well to Production
Khalda Petroleum Company has streamlined well NU-10 with an average oil production of 1,350 barrels per day (bbl/d).
Russia’s Oil Production Nearing Compliance with OPEC+ Cuts
Russia’s oil production fell to between 8.59 - 8.69 million barrels per day (mmbbl/d) in May, nearing Moscow’s previous pledge of reducing production to 8.5 mmbbl/d.
Norway’s Oil Production Increases by 4.5% in April
Norway’s crude oil production rose by 4.5% month-on-month from March to 1.78 million barrels per day (bpd), beating official forecasts by 1.8%.
El Molla Directs NOCs to Increase Production Rates
The Minister of Petroleum and Mineral Resources, Tarek El Molla, directed the oil companies to search for all the available chances and exploit them in increasing production rates.
Oman’s Blend Crude Oil Exports Drop by 2.41% in April
The Sultanate of Oman’s average daily exports of Oman Blend crude oil in April was down 2.41%, totalling 894,139 barrels of oil per day (bbl/d).
Kazakhstan Achieves 102.6% of Oil Production Plan
Kazakhstan’s Minister of energy, Nurlan Nogayev, reported that Kazakhstan had produced 31.3 million tons of oil between the months January-April, which amounts to 102.6% of the production plan.
