Oil | Egypt Oil & Gas - Part 10

Lukoil Achieves New Oil Discovery in Mexico

Lukoil company announced a new discovery of an oil field within the Yoti West structure at Block 12 offshore Mexico. The company elaborated that the preliminary estimates indicate that the initial oil in place reaches...

World Bank Supports Egypt’s Push to Be Regional Energy Hub

In a meeting with two delegations from the World Bank, Minister of Petroleum and Mineral Resources Tarek El Molla stated that the World Bank’s participation in the East Mediterranean Gas Forum (EMGF) as an observer is...

Iraq Oil Exports Record Over 92 M Barrels in September 2021

Iraq oil exports reached 92.4 million barrels during September 2021 achieving revenues estimated at $6.71 billion, the Iraqi Ministry of Oil stated in a press release referencing data from the State Oil Marketing Comp...

LUKOIL’s Production from West Siberian Fields Reaches 2 billion tons

LUKOIL company stated that its production from West Siberian fields has reached 2 billion tons of oil since the beginning of the commercial development, a press release issued by LUKOIL announced. This milestone came ...

China’s Oil Products Exports Down 28% in July

China’s oil product exports dropped 28% to 4.64 million tons (mmt) –MoM– in July due to oil companies’ quotas shortage, according to S&P Global Platts reporting data released by the General Administration of Custo...

TransGlobe Produces 10,727 boe/d from Egypt’s Assets in Q2 2021

TransGlobe Energy company announced that it recorded an average production of 10,727 barrels per day (bbl/d) from Egypt’s assets during Q2 2021, a press release reported. The company attributed that to the impro...

Libya’s NOC Achieves Record Revenues in June

Libyan National Oil Corporation (NOC) announced that it has achieved net revenues exceed $2.13 billion in June, according to a press release posted on the company’s Facebook page. The company attributed these results ...

Tethy Share of Production from Oman Blocks Amounts to 346,890 Barrels of Oil in May

Tethy company announced that its share of oil production from Blocks 3, 4 in Oman in May amounted to 346,890 barrels of oil, corresponding to 11,190 barrels per day (b/d) of oil, according to a press release. The stat...

Eni Announces New Oil Discovery in North Sea

Eni through Vår Energi, jointly owned by Eni (69.85%) and HitecVision (30.15%) has announced new oil discovery in production licence 554 in the North Sea by drilling the exploration well 34/6-5 S in the Garantiana Wes...

ExxonMobil Makes New Oil Discovery Offshore Guyana

ExxonMobil announced that it has made a new discovery at Longtail-3 in Guyana. The well is located approximately two miles south of the Longtail-1 well, according to a press release. The company elaborated that it enc...

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