oil production | Egypt Oil & Gas - Part 5

TotalEnergies Announces the Sanction of Ballymore Field in Gulf of Mexico

TotalEnergies announced its approval on developing the Ballymore fiedl, located 120 kilometers off the coast of Louisiana in the U.S. Gulf of Mexico. 

Libya Announces Forced Closure of Brega Oil Port

The National Oil Corporation (NOC) of Libya announced that the fourth wave of closure which affects stating the force majeure on the oil port of Brega.

Iraq Shows Support for OPEC’s Decision to Increase Oil Production

The Iraqi Ministry of Oil confirmed it commitment to the decision of the Organization of the Petroleum Exporting Countries (OPEC) as well as its allies to increase oil production.

NISOC Production Grows by 600,000 bbl/d During Raisi Administration 

The CEO of the National Iranian South Oil Company (NISOC) announced that its fields' production has grown by 600,000 barrels per day (bbl/d) under the Raisi administration.

Petrobras Discovers New Oil Well in the Campos Basin

Petrobras a anounced that it had discovered a new oil accumulation in the pre-salt in the southern portion of the Campos Basin, in a wildcat well in the Alto de Cabo Frio Central block. 

Libya’s NOC Meets with TotalEnergies, ConocoPhillips on Increasing Oil Production

The Chairman of Libya’s National Oil Corporation (NOC) Mustafa Sanalla, has held discussions on how to ramp up the production rates of Waha Oil Company with TotalEnergies CEO Patrick Pouyanné and ConocoPhillips CE ...

WEPCO to Ramp Up Oil Production by 120% in 2022/23

The Western Desert Operating Petroleum Company (WEPCO) announced that it targets increasing oil production rates by 120% reaching to 6,000 barrels per day (b/d) during the fiscal year (FY) 2022/23.

Wintershall Dea Exits Gulf of Suez Concession

Wintershall Dea has announced its exit from the Gulf of Suez concession as it decided to focus on natural gas production as a part of its Energy Transition Pathway.

Iraq Oil Ministry: Total Enters Development of Four Projects Worth $27 B

The Iraqi Oil Ministry Spokesman Assem Jihad stated that Total company is investing in four development projects in Iraq worth $27 billion. 

OPEC Allows Oil Production Increase by 0.4 mmbl/d in February

During the Organization Petroleum Exporting Countries (OPEC) and non-OPEC Ministerial Meeting (ONOMM), the members reaffirmed their decision to adjust the monthly oil production by 0.4 million barrels per day (mmb ...

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