oil production | Egypt Oil & Gas - Part 2

Aramco Expected to Provide Complete Oil Volumes to Some Asian Refiners in July

Despite Saudi Arabia’s announcement of cutting oil output from 10 million barrels per day (bbl/d) to 9 million bbl/d in July, Aramco said it will send full nominated volumes of crude oil to number of North Asian c ...

Egypt to Boost Oil Production by 11% in 2023

Egypt is working to increase its oil production by 11% in 2023 to reach 650,000 barrels per day (bbl/d) from 587,000 bbl/d.

Nigeria Set to Commission Dangote Refinery

Amid hopes of an end to Nigeria’s repeated fuel shortages, Dangote Petroleum Refinery will be commissioned. But the country’s main obstacle for achieving full production is the lack of crude supply.

Nigeria’s Production Decline Due to the Shutdown of Onshore Operations

Nigeria’s government data has shown that its oil production continued to fall down during September due to a halt in onshore production, Bloomberg reported.

PetroSafe, GUPCO Conduct Community Consultation Session on Environmental Impact of North Safa Field Development

PetroSafe along with the Gulf of Suez Petroleum Company (GUPCO) have conducted a community consultation session to study the environmental impact of developing the North Safa field located in the Gulf of Suez.

Capricorn Announces WI Production in Egypt Averaged 35,500 boe/d in H1 2022 

Capricorn announced that its working interest (WI) production from Egypt averaged~35,500 barrels of oil equivalent per day (boe/d) in H1 2022.

NOC Working to Ramp Up Production at Alfaragh Field

Libya's National Oil Corporation (NOC) has been hard at work to raise the production capacity of Alfaragh field, aiming to increase the average daily output to 149 million standard cubic feet of gas and 9000 barre ...

Iraq’s Oil Production Increases by Almost 70,000 bbl/d in July

According to data from the state-owned marketer SOMO seen by Reuters on Wednesday, Iraq produced 4.584 million barrels of crude oil per day (mmbbl/d) in July, up 69,000 from June.

OPEC+ Approves Modest Rise in Oil Output

At a time when high oil prices and unstable energy supplies have been exacerbated by Russia's war on Ukraine, OPEC and its allies decided to slow production growth in September.

Iraq Has the Capacity to Increase Oil Production by 200,000 bbl/d

An executive of Iraq's Basra Oil Co. (BOC) told Reuters on Friday that Iraq can increase its oil production by 200,000 barrels per day (bbl/d) this year if asked.

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