The General Petroleum Company (GPC) increased its crude-oil output to 57,000 barrels per day (b/d) for the first time since the company started operations, Egypt Oil & Gas reports. The increased production is due ...
Iraq’s oil production is expected to reach 5 million b/d by the end of 2017, while associated gas production is expected to record 1.3 billion standard cubic feet, according to Iraq’s Oil Minister, Jabar Ali Al-Luaibi...
Managing Director of the state-owned National Iranian Oil Company (NIOC), Ali Kardor, said that, according to the preliminary estimates, Iranian daily oil production reached 4m barrels in late April 2017, reported Hel...
Iranian Oil Minister, Bijan Zanganeh, said that OPEC members are considering further oil output cuts but should wait until the effect of the current reduced level of production is made clear. Zanganeh said “We a...
The United Arab Emirates Energy Minister, Suhail bin Mohammed al-Mazrouei, said that he saw no need for an extraordinary meeting of the Organization of the Petroleum Exporting Countries (OPEC) ahead of regular talks i...
Petrofac has agreed a five-year relationship with Kuwait Oil Company (KOC) for the provision of specialist technical training and competency development services. The contract, which is valued at more than $35m, was s...
Iraq’s Deputy Petroleum Minister for Production and Exploration, Karim Hattab, said that the ministry plans to increase the exporting capacity of Amaya terminal in Basra to nearly 1mb/d, adding that the Basra Oi...
South Sudan has invited more oil companies to invest in exploration, production and distribution, in line with the country’s plan to double the daily output, China Internet Information Center reported. Petroleum Minis...
Iraq will increase its oil production from one of its oldest oil fields in the south by 20.000b/d. Deputy Petroleum Minister for Exploration and Production, Karim Hattab, said that production capacity from the Leheils...
South Sudan Petroleum Minister announced that the country is planning to drill 30 new wells in 2017 and significantly enhance its oil output as it chases a peak 350,000b/d target by mid-2018, Reuters stated. South Sud...