oil production | Egypt Oil & Gas - Part 16

Al Manar Group Increases Production with 40%

Al Manar Group aims to to increase its annual growth rate with 35% to 40% by the end of Q4 of 2019.

Fuel Resumes to Normal Pumping Rate

The fuel pumping rate into market will get back to 20 million liters a day, after it has been increased with almost 10% to reach 25 million liters during Eid al-Adha.

Egypt’s Crude Oil Production to Reach 690,000 b/d

Tarek El Mola, the Minister of Petroleum announced that average crude oil production reached 630,000 barrels per day (b/d) and that the petroleum sector aims to reach 690,000 b/d by the end of this fiscal year (FY ...

Egypt’s Oil, Gas Production Hits Record Level at 1.9 M boe/d

Minister of Petroleum Tarek El Molla announced that the Egyptian petroleum sector has recorded its highest ever production rate at 1.9 million barrel of oil equivalent per day (boe/d) of oil, gas, and condensates. ...

Saudi Arabia, Kuwait to Resume Producing Oil from Neutral Zone

Resuming production from the Neutral Zone's oilfields will increase the production of Saudi Arabia and Kuwait to 500,000 b/d

Iraqi Genel Discovers Oil at Taq Taq Field

The well, located in Iraq’s Kurdistan Region, has been linked to the production phase with an initial capacity of around 3,100 b/d.

Qatar Petroleum Acquires 35% Stake in Eni’s Mexican Offshore Oil Fields

Qatar Petroleum has signed a deal with Eni to acquire a 35% stake in three of the Italian company's Mexican offshore oilfields.

Iraqi Halfaya Oilfield Production to Reach 370,000 b/d: Official

The oil production from Halfaya oilfield in Iraq has increased by 100,000 barrels per day (b/d) and the total production has reached 370,000 b/d.

ADNOC to Boost Oil Production Capacity to 5M b/d by 2030

The Abu Dhabi Oil Company (ADNOC) has revealed plans to boost its production capacity to 5 million barrels per day (b/d) by the end of 2030.

Iraqi Completes Repairs at Ajil Oilfield

Iraq has completed repairs at the Ajil oil field which was torched by Islamic State militants in 2015, the country's oil minister said on October 9.

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