oil production | Egypt Oil & Gas - Part 23
Nigeria to Start Output from Otakikpo Oil Field
Africa-focused Lekoil is expected to begin commercial oil production from Nigeria’s Otakikpo marginal field during October, following the completion of the Otakikpo-003 well.
Saudi Arabia to Consider Reducing Oil Output
Saudi Arabia has offered to reduce oil production if rival Iran agrees to cap its output at the current level 3.6mb/d, in a major compromise ahead of talks in Algeria by the end of September.
Ghana to Push Oil Output to 240,00b/d by 2020
Ghana could become the fourth biggest oil producer in sub-Saharan Africa by 2020 once two new offshore fields come on stream, to push total output above 240,000b/d.
MENA Assets Boost Pertamina’s Oil Outputs
Upstream assets in Algeria, Iraq and Malaysia have pushed oil and gas production by Indonesia's Pertamina Internasional Eksplorasi and Produksi (PIEP) to surpass its target in 2016 by 15%.
South Sudan to Open New Oil Facility in Palouch
South Sudan plans to establish a new oil facility by the end of 2016, with the aim of amplifying daily production in the country.
Nigeria Lost 130,000b/d of Crude Output in August
Nigeria suffered the biggest decline among members of the Organization of Petroleum Exporting Countries (OPEC) with 1.468mb/d of crude oil in August.
Al-Jahra SE-1X Oil Well Starts Production
The production of Al-Jahra SE-1X oil well located in Abu Sennan concession in Egypt's Western Desert starts
Iraq Produced 4.638mb/d of Crude in August
The Iraqi Oil Marketing Company (SUMO) announced that the country's crude oil production in August remained steady at 4.638mb/d compared with 4.632mb/d in July.
