oil production | Egypt Oil & Gas - Part 27
Russian ERIELL to Drill 25 Wells in West Qurna, Iraq
A leading Russian oilfield services group, ERIELL, has just signed a contract with Lukoil Middle East to drill 25 production wells at the West Qurna-2 oilfield
The Shale Boom Is Over For Now
The meteoric rise in U.S. oil production has ended, easing a global glut and driving a rebound in crude prices from below $50 a barrel, according to crude trader and hedge fund manager Andrew J. Hall.
Eni Achieves Record Production in Western Desert
Eni reached a record level of production of 70 thousand b/d in the Western Desert of Egypt, doubling its level of production in three years. Eni announced in a statement.
Apache Makes Two New Egypt Finds, Publishes Production Figures
Apache Corporation reported Tuesday strong appraisal- and development-drilling results from Egypt following the previously announced discovery of two new oil fields in the Western Desert.
Lukoil Iraq Production Up Inspite of Oil Price Slump
The Russian company says it received a letter from Iraqi authorities to reduce cost in West Qurna-2 field due to slump in oil prices
Libya To Boost Production to 180,000 b/d From Sarir, Messla Fields
Libya aims to boost production at the southeastern Sarir and Messla oilfields feeding the Hariga terminal to 180,000 barrels a day, a spokesman for the state operator said on Wednesday.
Saudi Crude Exports Decline from December Peak
Opec heavyweight Saudi Arabia's crude oil exports dropped in December by 362,000 b/d to 6.934 million b/d from 7.296 million b/d in the previous month, official data showed on Wednesday.
Khamenei Lashes Out at Sanctions, Threatens Export Response
Iran’s Ayatollah Ali Khamenei warned that the OPEC member will stop exporting oil and natural gas if international sanctions against it stay in place, the official IRNA news agency reported, citing a speech he made i ...
