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.
Kazakshtan’s Energy Minister, Nurlan Nogayev, has confirmed that Kazakhstan will offset overproduction in May by lowering output in August and September.
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 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 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%.
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.
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’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.
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.
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).
