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.
oil production | Egypt Oil & Gas - Part 6
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 ...
Iraq Aims to Increase Production with Majnon Field Development
The Iraqi Oil Minister, Ihsan Abdul Jabbar, announced that Iraq targets to reach the peak of production to 450,000 barrels of oil per day (bbl/d).
Iraq Plans to Raise Oil Production to 8 mmbbl/d by 2027
Iraqi Oil Minister Ihsan Abdul-Jabbar declared that his country plans to raise its oil production to 8 million barrels per day (mmbbl/d) by the end of 2027.
