Iraq to Raise Crude Oil Production to 6.5 mb/d

• Monday, 2nd April 2018
• by Editorial Team

The Iraqi cabinet approved a plan to increase the county’s oil production capacity to 6.5 million barrels per day (mb/d) by 2022, Reuters reported. Iraq’s oil capacity in January was close to 5 mb/d. The n...

Kuwait to Invest $79b in Oil Projects

• Monday, 10th July 2017
• by Dr. Mahinaz El-Baz

Kuwait Oil Company (KOC) is willing to pump about $79b of investments over the next five years as part of its plans to increase the production capacity to 4mb/d from 3.1mb/d, Trade Arabia stated. The planned projects ...

Assiut Oil Refinery Seeking EGP 750m for Restructuring

• Sunday, 8th May 2016
• by Egypt Oil & Gas

Assiut Oil Refinery has addressed banks to obtain a loan worth EGP 750m to finance its structuring plan and increase production capacity, Al Mal News informed. The project, according to feasibility study, aims at prod...

UAE Still Expanding, but Optimizing Offshore Investments

• Wednesday, 11th November 2015
• by Egypt Oil & Gas

The inaugural Adipec Offshore and Marine Conference, produced and managed by dmg events, kicked off on November 9 in a purpose-built dedicated waterside theatre, the first-of-its-kind in the region, reported Trade Ara...