oil production | Egypt Oil & Gas - Part 7

Iran’s NIOC Sets Plan to Resume Oil Production

The Deputy Director of Production at the National Iranian Oil Company (NIOC), Farrokh Alikhani announced that his company has prepared a precise plan to resume oil production to the pre-sanctions levels in one wee ...

Petrosannan Boosts Oil, Natural Gas Production in FY 2020/21

Petrosannan Company, a joint venture (JV) between Naftogaz of Ukraine (NJSC) and the Egyptian General Petroleum Corporation (EGPC) has increased its oil and natural gas production by  20% and 40%, respectively dur ...

OPEC+ to Increase Production in July 2021

The Organization of Petroleum Exporting Countries and its allies (OPEC+) plans to increase oil production in July 2021, however Saudi Arabia’s energy minister kept the market guessing about whether the group will ...

MoP Awards UOG New Development Lease in Abu Sennan

The Minister of Petroleum and Mineral Resources, Tarek El Molla, awarded United Oil and Gas (UOG) Company a development lease that covers the ASD-1X discovery in Abu Sennan.

Pharos Produces 4,010 bbl/d from El Fayum Concession

Pharos Energy production from El Fayum averaged 4,010 barrels of oil per day (bbl/d) starting January 1 to April 30.

Iran’s NISOC to Boost its Oil Production

The National Iranian South Oil Company (NISOC) aimed to boost its oil production which has about 351 billion barrels of proven crude oil in its reservoirs, which equates to nearly 100 billion barrels of recoverabl ...

Canada’s Suncor Targets Emissions Reduction by One-third

Suncor plans to cut its emissions by one-third while boosting its oil production to a new level, according to Reuters.

Dana Gas Increases Production by 2% YoY

Dana Gas’s total production has averaged around 64,900 barrels of oil equivalent per day (bbloe/d) indicating a 2% increase compared to 63,650 bbloe/d in Q1 2020.

TransGlobe Production Amounts to 11,009 bbl/d in April

TransGlobe Egypt production averaged around 11,009 barrels of oil per day (bbl/d) in April and recorded 10,238 bbl/d throughout Q1 2021.

Naftogaz Ramps up Oil Production by 20% in Egypt’s Western Desert

Naftogaz Group ramped up oil production from its assets in the Western Desert of Egypt by more than 20% or 600 barrels per day (bbl/d), a press release reported.

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