Output | Egypt Oil & Gas - Part 4
Iran to Raise Oil Output Capacity
Iran has plans to raise its crude oil production capacity by 3mb/d, Trade Arabia reported, citing a top official of the National Iranian Oil Company (NIOC). According to Hellenic Shipping News, the NIOC’ Deputy Head f...
Iran to Boost West Karoun Output by 10%
Iran is looking to raise production capacity from joint fields with Iraq by more than 10% in the first quarter of the next fiscal year that begins in March, a senior oil official said, Financial Tribune reported. The ... Iran’s Crude Output Reaches 3.9mb/d
Iran’s oil output is currently close to 3. 9mb/d, according to Oil Minister, Bijan Zanganeh, Hellenic Shipping News informed. Speaking on the sidelines of a government cabinet late January, Zanganeh indicated that Ira...
Libya’s Oil Output Recovers Following Power Cuts
The National Oil Corporation’s (NOC) Member, Jadallah Al-Okli, said Libya’s oil output has healed after days of power outages and several logistic hurdles that led to its drop recently. According to him, Libya’s oil p...
Angola Cuts Output Following OPEC Deal
Angola has become the latest OPEC member to announce the beginning of production cuts as part of the group’s deal to curtail production in a bid to lift oil prices, Oil Price reported. Angolan state oil company ...
Angola LNG Plant Resumed Output
The Angolan liquefied natural gas (LNG) export facility has resumed production after being taken offline in late December 2016, Reuters reported. Angola LNG’s spokesperson, Barbara Freitas-Daniels, said the plant has ...
Angola Led Africa’s Oil Production
Angola will close 2016 as the lead oil producer in Africa, having surpassed Nigeria by reaching an average of 1.7mb/d, Prensa Latina reported. The figure exceeds the previous record of 1.5mb/d. Pumping has increased b...
Nigeria’s Oil Reserves Reached 27b Barrels
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, has announced that the country’s oil and gas reserves, which had fallen at the height of militant attacks on infrastruc...
