oil production | Egypt Oil & Gas - Part 17

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.

Syrian Petroleum Company Loses 252M Barrels of Crude in H1 2018

The Syrian Petroleum Company lost around 252 million barrels of oil in the first half of 2018 due to delays, production failures and theft.

OMV Begins Offshore UAE Oil Production

Austrian OMV has started oil production from the SARB and Umm Lulu fields off the coast of Abu Dhabi, and expects to produce 25,800 barrels per day (b/d) before the end of 2018.

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