Kuwait and Saudi Arabia’s Agreement Ends Neutral Zone Dispute
Kuwait and Saudi Arabia agree to resolve the conflict over the Neutral Zone.
Kuwait and Saudi Arabia agree to resolve the conflict over the Neutral Zone.
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.
Rockhopper Exploration plc is currently producing 340 barrels per day (b/d) of oil from its existing ASH-1ST2 well at Abu Sennan concession.
The Libyan National Army (LNA) announced on Wednesday that it had restored Libya's 70,000-barrel-per-day (b/d) El Feel oil field from armed groups of the Government of National Accord (GNA).
Dana Gas’s average production during the first nine months of 2019 increased by 8% to 67,100 barrels of oil equivalent per day (boe/d), driven mainly by a 23% increase in production in the Kurdistan Region of Iraq ...
Libya is generating 1.25 million barrels per day (b/d) of oil and plans to increase production to 1.5 million b/d in 2020, the head of the state National Oil Corporation (NOC), Mustafa Sanalla, said.
Kuwait’s Burgan Company for Well Drilling, Trading, and Maintenance has reported an 84.6% year-on-year (YoY) profit decline during Q2 of fiscal year (FY) 2019/20.
The International Monetary Fund (IMF) has declared Iraq's oil production and oil fields unaffected by the nationwide protests.
Saudi Arabia’s oil production dropped by 660,000 barrels per day (b/d) in September, compared to August, reaching around 9.13 million b/d after an attack on its energy installation.
The Ministry of Petroleum invests one trillion Egyptian pounds in the Oil and Gas production projects and EGP 460 billion in petrochemicals and refining projects.