production | Egypt Oil & Gas - Part 13
Madbouly: Resumption of Zohr Gas Field Operations Expected to Boost Egypt’s Economy
Prime Minister Mostafa Madbouly announced that the Zohr gas field is expected to regain its production levels by mid-2025. This development could significantly benefit Egypt by lowering its import bill and stimulating...
Petrobras Starts Production Operations at Mero Filed in Brazil
Petrobras has commenced production operations at the FPSO Marechal Duque de Caxias (Mero 3) in the Mero field, located within the pre-salt Santos Basin, Brazil. This floating production, storage, and offloading (FPSO)...
PMS Completes Major Development of GUPCO’s Offshore October Field to Boost Crude Production
Petroleum Marine Services (PMS) Company announced that it successfully completed the development of offshore October field affiliated to Gulf of Suez Petroleum Company (GUPCO). The company said that it implemented the...
Badawi Unveils Key Petroleum Sector Milestones and Ambitious Plans for 2025
Minister of Petroleum and Mineral Resources Karim Badawi announced that the petroleum sector is currently producing 1.4 million barrels of oil equivalent per day (mmboe/d). He noted that new production was added durin...
CNOOC Begins Production at Xijiang Oilfield Blocks Ahead of Schedule
CNOOC has commenced production at its Xijiang 30-2 Oilfield Xijiang 30-1 Block Development Project located in eastern South China Sea, ahead of schedule. The project, with an average water depth of about 98 meters, is...
Sinopec’s East China Shale Oil Field Pumping at 1,600 Tons a Day
Sinopec, China’s state-owned oil and gas giant, has announced that it is now pumping 1,600 metric tons per day (mmt/d) of shale oil at its pilot project in Jiyang, east China, an increase from the 100 tons it wa...
Agiba Petroleum Company Investments Reach $417 M in FY 2023/24
Agiba Petroleum Company Chairman Tharwat El Gendy highlighted the key business indicators for fiscal year (FY) 2023/24, noting that the company’s total investments for the year amounted to approximately $417 million. ...
GPC Demonstrates Stellar Performance, Total Production Reaches 35 M boe in 2023/24
General Petroleum Company’s (GPC) Chairman Mohamed Abdel Mageed reviewed the company’s most important milestones during fiscal year (FY) 2023/24, pointing out that total production (including GPC and affil...
