oil production | Egypt Oil & Gas - Part 14

TransGlobe Egypt’s Production Record 12,111 bbl/d in April

TransGlobe Egypt’s production averaged around 12,544 barrels per day (bbl/d) in Q1 2020, while recording approximately 12,111 bbl/d in April 2020.

Petroamozonas Restarts Operations in its Oil Fields 

Ecuador’s Petroamazonas EP has restarted operations in oil fields Sacha, Drago, Libertador and Lago Agrio, after the operation of the Trans-Ecuadorian Pipeline System (SOTE) and the Heavy Crude Pipeline (OCP).

Genel Energy Completes 5 Development Wells in Iraq

Genel Energy plc (Genel) announces the completion of five development wells at Tawke PSC in the licence during the quarter, three drilling rigs were released, but the Company-operated workover rig continues to ser ...

NOC Announces Revenues of $1.093 B for March

Libya’s National Oil Corporation (NOC) has announced revenues totalling $1.093 billion in March.

Eni’s Natural Gas Production in Egypt Records 1.217 BCF/D in Q1 2020

Eni’s production of natural gas in Egypt has reached 1.217 billion cubic feet per day (bcf/d) during Q1 2020, decreasing from Q1 2019’s 1.434 bcf/d.

KPC to Coordinate with Clients Concerning Oil Cuts

Kuwait Petroleum Corporation (KPC) is set to cooperate with clients in international markets in an effort to cut its supply of Kuwaiti crude oil in accordance with OPEC oil cuts.

Saudi Arabia Pumps 12 mmbbl for the First Time

Saudi Arabia exceeded more than 12 million b/d for the first time in the Kingdom’s history.

Qarun to Save $12.6 MM by Reduction of Production Costs

Qarun Petroleum aims to save $12.6 million by reduction of production costs in its concession areas in Egypt, during the H2 2019/20.

NOC Production Reach 91,221 bbl/d

National Oil Corporation (NOC) has announced that production as of 17th March has plateaued at 91,221 barrels per day.

Kuwait to Raise Production to 4 MMBBL/D by 2040

Kuwait commenced operations in the country's largest heavy oil project, located in the north, under the framework of raising its production capacity to 4 million barrels per day (mmbbl/d) by 2040.

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