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.
oil production | Egypt Oil & Gas - Part 15
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.
Libya’s NOC Oil Production Drops to 123,537 bbl/d
The Libya’s National Oil Corporation (NOC) announced the drop of oil production to 123,537 barrel per day (bbl/d), as of February 18, with losses exceeding $1.7 billion.
Libya Production Drops to 204,000 BBL/D
Libya’s oil production continues to fall amid tensions in the area.
Production to Resume in Wafra Field
Wafra field, located in the Neutral Zone, will restart its oil production by March, according to Khaled Al-Fadhel, Kuwaiti Oil Minister.
Genel Energy Boosts Production in 2019
Genel Energy, the Iraq-Kurdistan focused energy producer, has succeeded in boosting its production rates in 2019 despite the decline in its revenues because of payment delays from the Kurdistan Regional Government ...
Kuwait and Saudi Arabia’s Agreement Ends Neutral Zone Dispute
Kuwait and Saudi Arabia agree to resolve the conflict over the Neutral Zone.
Kuwait Hopes to Resolve the Neutral Zone Issue
Khaled Al Fadhel, Kuwait’s Minster of Oil, expressed his hopes to resolve the Kuwait-Saudi Arabia Neutral Zone issue by the end of 2019.
