oil production | Egypt Oil & Gas - Part 15
Russia’s Oil Production Nearing Compliance with OPEC+ Cuts
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, according to Reuters. Under the OPEC+ agreem...
Norway’s Oil Production Increases by 4.5% in April
Norway’s crude oil production rose by 4.5% month-on-month from March to 1.78 million barrels per day (bbl/d), beating official forecasts by 1.8%, according to Reuters. The increase in production can be attributed to t...
El Molla Directs NOCs to Increase Production Rates
The Minister of Petroleum and Mineral Resources, Tarek El Molla, directed national oil companies (NOCs) to search for and exploit all available opportunities to increase production rates, a press release reported. Thi...
Oman’s Blend Crude Oil Exports Drop by 2.41% in April
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), according to The Times of Oman. In terms of production, it was reported ...
Kazakhstan Achieves 102.6% of Oil Production Plan
Kazakhstan’s Minister of Energy, Nurlan Nogayev, reported that Kazakhstan produced 31.3 million tons of oil between the months January-April, which amounts to 102.6% of the production plan, according to the government...
TransGlobe Egypt’s Production Record 12,111 bbl/d in April
TransGlobe’s production in Egypt averaged around 12,544 barrels per day (bbl/d) in Q1 2020, while recording approximately 12,111 bbl/d in April , according to a statement. The company’s total production in Q1 20...
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), accordi...
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 servic...
