Production Increase | Egypt Oil & Gas - Part 2

SIDPEC Reaches Highest Polyethylene Production Since 2014

The Ethylene facility in SIDPEC has stopped working for a while and is now working again normally.

Iraq’s West Qurna 1 Raises Production to 465,000 b/d

The West Qurna 1 oilfield has reached a production capacity of around 465,000 barrels per day (b/d), from a previous level of 440,000 b/d.

Iraq to Boost West Qurna 1 Oilfield Production

Iraq plans to increase the production capacity of West Qurna 1 oilfield to 490,000 barrels per day (b/d) in the next few days, according to a senior official.

Libya Plans to Double Oil Production by 2023

Libya plans to increase oil output from its existing fields to 1.4 million barrels per day (b/d) by the end of 2019 and 2.1 million b/d by 2023.

Iraqi Genel Energy to Boost Production in 2019

The Iraqi-focused producer Genel Energy plans to increase production in 2019 through the exploration of three more wells in Kurdistan’s Taq Taq field.

Saudi Crude Exports to Remain Below 7 mb/d

The Saudi Arabian Ministry of Energy has announced that crude exports will remain below 7 million barrels per day (mb/d) and crude production will stay under 10 mb/d during April 2018.

Iraq, BP to Boost Oil Production

Iraq has signed a memorandum of understanding (MoU) with UK’s BP in order to increase the output capacity of Kirkuk oil fields, which were returned by government forces in October 2017.

Petroleum Sector Boosts Output in H1, Consumption Falls

The Egyptian petroleum sector increased oil and natural-gas output in the first five months of 2017 to reach 28.138 million tons.

Egypt Boosts Petrochemicals and Fuel Production

Egyptian oil and gas sector is aiming to boost petrochemical production and petroleum products to 40 million tons during FY 2017/2018.

Egypt to Boost Crude Oil Production

Ministry of Petroleum plans to boost daily production of crude oil and condensates to 36 million tons.

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