oil production | Egypt Oil & Gas - Part 14
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), according to the General Trade Union for Petroleum Workers (GTUPW). According to the report, this would not ...
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, according to Reuters. This 10% cut is part of Oman’s efforts to fully comply with the OPEC+ cuts...
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, according to a statement. Oil production until June decreased mainly d...
UAE Oil Output Capacity Reaches 4.2 mmbbl/d in April
The United Arab Emirates (UAE), OPEC’s third largest producer, recorded a daily production of 4.2 million barrels of oil per day (mmbbl/d) in April before the record OPEC+ agreement, according to The National. UAE’s...
Iraq Requests BP to Cut Production by 10%
Iraq has requested that oil supermajor BP cut its crude production by 10% at the southern field of Rumaila as Iraq ramps up efforts to comply with OPEC+ cuts, according to Bloomberg. The deposit, southwest of the oil...
Yemen Has Plans to Raise Production by 25%
Yemen is planning to ramp up production by 25% to 75,000 barrels of oil per day (bbl/d), Yemen’s energy minister of the country’s internationally-recognised government, Aws Abdullah al-Awd, announced, according to Re...
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 soon, according to the Tehran Times. “We ar...
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, according to Reuters. It has been confirmed that Kazakhstan exc...
