oil production | Egypt Oil & Gas - Part 7
Iraq Shows Support for OPEC’s Decision to Increase Oil Production
The Iraqi Ministry of Oil confirmed its commitment to the decision of the Organization of the Petroleum Exporting Countries (OPEC) as well as its allies to increase oil production, Iraq News Agency (INA) reported. The...
NISOC Production Grows by 600,000 bbl/d During Raisi Administration
The CEO of the National Iranian South Oil Company (NISOC) announced that its field production has grown by 600,000 barrels per day (bbl/d) under the Raisi administration, Shana news agency stated citing IRNA. NISOC CE...
Petrobras Discovers New Oil Well in the Campos Basin
Petrobras announced that it has discovered oil in the pre-salt in the Campos Basin’s southern portion, in a wildcat well within the Alto de Cabo Frio Central block. The well 1-BRSA-1383A-RJS (Alto de Cabo Frio C...
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 CEO Rya...
WEPCO to Ramp Up Oil Production by 120% in 2022/23
The Western Desert Operating Petroleum Company (WEPCO) announced that it targets an increase in oil production rates by 120% to reach 6,000 barrels per day (bbl/d) during the fiscal year (FY) 2022/23, the Ministry of ...
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. The company elaborated that its work in Egypt will c...
Iraq Oil Ministry: Total Enters Development of Four Projects Worth $27 B
Iraqi Oil Ministry Spokesman Assem Jihad stated that Total is investing in four development projects in Iraq worth $27 billion. Furthermore, Total is investing in 600 million feet of gas in two phases and one solar Gi...
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 (mmbl/d)...
