oil production | Egypt Oil & Gas - Part 18
Fuel Resumes to Normal Pumping Rate
The rate of fuel being pumped into the market will bounce back to 20 million liters a day, after it has been increased with almost 10% to reach 25 million liters during Eid al-Adha, official sources in the Egyptian Ge...
Egypt’s Crude Oil Production to Reach 690,000 b/d
Tarek El Molla, the Minister of Petroleum announced that the 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 (F...
Egypt’s Oil, Gas Production Hits Record Level at 1.9 M boe/d
The Egyptian petroleum sector has achieved the highest production rate of crude oil and natural gas in its history, as it amounted to about 1.9 million barrel of oil equivalent per day (boe/d) of oil, gas, and condens...
Saudi Arabia, Kuwait to Resume Producing Oil from Neutral Zone
Saudi Arabia and Kuwait are expected to agree on resuming oil production from the neutral zone during 2019, according to Saudi Arabia’s energy minister Khalid al-Falih, Zawya reported. “We hope in 2019 it ...
Iraqi Genel Discovers Oil at Taq Taq Field
Iraq’s Genel Energy detected oil during a well test at Taq Taq field in Iraq’s Kurdistan Region, Pipeline Oil and Gas Magazine reported. The well has been linked to the production phase with an initial capacity of aro...
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, the company announced in a press release. The agreement covers the Amoca, Mitzon, a...
Iraqi Halfaya Oilfield Production to Reach 370,000 b/d: Official
Oil production from Halfaya oilfield in Iraq has increased by 100,000 barrels per day (b/d) to reach 370,000 b/d, an official told Reuters. The boost to Halfaya’s output will increase Missan Oil Company’s total ...
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, Pipeline Oil & Gas Magazine reported. The Abu Dhabi’s Supreme Petroleum ...
