production capacity | Egypt Oil & Gas

ADNOC Drilling to Boost UAE’s Oil Production Capacity

The Abu Dhabi-listed ADNOC Drilling Company is ready to boost the United Arab Emirates’ (UAE) oil production capacity beyond the planned 5 million barrels per day (bbl/d) by 2027, should official approval be granted, ...

Iraq’s East Baghdad-Rashidiya Field Reaches 8,000 bbl/d Capacity

The East Baghdad-Rashidiya field has reached a production capacity of approximately 8,000 barrels per day (bbl/d) of crude oil and 15 million cubic feet per day (mmcf/d) of dry gas, according to a statement from Iraq&...

El Molla Inspects Suez Methanol Derivatives Plant in Damietta

Minister of Petroleum and Mineral Resources Tarek El Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta Port. During the visit, El Molla highlighted the importance of accelera...

Iraq to Increase Production Capacity of North Refinery

The Iraqi Ministry of Oil is planning to re-operate North refinery and increase its production capacity to 150,000 barrels per day (b/d), a press release reported. Deputy Minister for Refining Operations Hamed Younis ...

ADNOC L&S Secures Two New VLCCs

Abu Dhabi National Oil Company Logistics & Services (ADNOC L&S) acquired two more Very Large Crude Carriers (VLCC), bringing the total number of VLCCs added to its fleet in 2021 to eight, according to a press ...

Iraq to Raise Baiji Refineries to 280,000 bbl/d

Iraqi Oil Minister, Ihsan Abduljabbar, has announced that the ministry is planning to raise the production capacity of Baiji refineries to 280,000 barrels of oil per day (bbl/d), according to Shafaq News. Abduljabbar ...

ADNOC Increases Efforts to Sell Fuel to China 

Abu Dhabi National Oil Company’s (ADNOC) main refinery is pushing for fuel sales in China after the Chinese economy is starting to show signs of recovery from the coronavirus, according to Bloomberg. The Ruwais refine...

Attacks on Aramco Not to Affect IPO Plans

The attacks on Saudi Aramco’s installations on September 14 will have no effect on its listing plans in the stock market, Amin Nasser, Aramco’s CEO, said in a conference in London, Reuters reported. Aramco’s Abq...

Al-Manar Group Plans to Boost Exports to 10%

Al-Manar Group plans to boost its exports to 10% in 2019, as the company increases its lubricant production capacity and supplies them to a number of new Arab and African markets. Egypt’s economic reform steps, includ...

Iraq to Raise Production Capacity: Minister

The Iraqi oil ministry aims to increase the country’s oil production capacity and further support foreign oil companies to overcome bureaucratic hurdles, the new oil minister Thamer Ghadhban said on October 31, accord...

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