Oil | Egypt Oil & Gas - Part 8

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.

China’s Oil Products Exports Down 28% in July

China’s oil product exports have fallen 28% to 4.64 million tons (mmt) month on month (MoM) in July due to oil companies’ quotas shortage.

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

TransGlobe Energy company announced that it recorded average production of 10,727 barrels per day (bbl/d) during Q2 2021.

Libya’s NOC Achieves Record Revenues in June

Libyan National Oil Corporation announced that it has achieved net revenues exceeds $2.13 billion in June.

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

Tethy company declared that it has produced oil from Block 3, 4 in Oman amounted to 346,890 barrels of oil corresponding to 11,190 barrels per day (b/d) of oil.

Eni Announces New Oil Discovery in North Sea

Var Energi, which is owned jointly by Eni and HitecVision announced a new oil discover in production license 554 in the North Sea.

ExxonMobil Makes New Oil Discovery Offshore Guyana

ExxonMobil announced that it has made a new discovery at Longtail-3 in Guyana.

India Seeks Long-term Oil Supply from Guyana

India seeks a long-term contract to import oil from Guyana which is located in South America.

Libya’s NOC Revenues Surpass $2 b in March

Sales of crude oil, gas, condensate, petroleum products, and petrochemicals have resulted in a bit over $2 billion of the Libyan National Oil Corporation’s (NOC) revenues in March.

Qatar Sends First Oil Cargo to UAE After Restoring Ties

Qatar has exported first oil cargo to a Persian Gulf neighbor since the United Arab Emirates along with other three Arab countries agreed to restore ties with Doha in January, according to Bloomberg 

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