production | Egypt Oil & Gas - Part 17

Iraq to Announce El-Faw Refinery Oil Project Agreement

Iraq, OPEC's second largest oil producer, is planning to launch an investment project in the Southern Faw Peninsula, which is “El-Faw” oil refinery with a production capacity of 300,000 barrels per day, Attaqa rep ...

El Molla, Spanish Ambassador Discuss Oil, Petrochemical Investments in Egypt

Minister of Petroleum and Mineral Resources Tarek El Molla has met with Spanish Ambassador to Egypt Álvaro Iranzo Gutiérrez to dicuss oil and petrochemical investment opportunities in Egypt and its role in energy ...

ExxonMobil Achieved Earnings of $11.4B in Q1 2023

ExxonMobil reported a record first-quarter earnings of $11,430 billion which is more than double from the same quarter a year ago, the same has happened to the earnings per share (EPS) which has increase to $2.79. ...

OPEC+ Sees No Need for Further Oil Output Cuts: Russian Deputy PM

OPEC+, the Group of leading oil producers, saw no need for further oil reductions despite lower-than-expected Chinese demand, but that the organization can always adjust its policy if necessary, according to Russi ...

Wintershall Dea Announces Stable Operational Performance for Q1 2023

Wintershall Dea announced a stable operational performance for Q1 2023 when the company’s daily output recorded 318,000 barrels of oil equivalent (boe/d) for the quarter.

GANOPE Pushes to Boost Crude Oil Output to 40,000 bbl/d

Minister of Petroleum and Mineral Resources Tarek El Molla reviewed the efforts of the South Valley Egyptian Petroleum Holding Company (GANOPE) to bring the total crude oil production of GANOPE and its subsidiarie ...

El Molla Emphasizes Necessity of Increasing Crude Oil Production

Minister of Petroleum and Mineral Resources Tarek El Molla has stressed the importance of meetings that discuss ways of developing and increasing crude oil production and their role in enhancing coordination all r ...

Oil Prices Surge as OPEC+ Suprises Markets with Production Cuts

After the Organization of the Petroleum Exporting Countries and their allies including Russia (OPEC+) shocked the markets by announcing further production cuts of about 1.16 million barrels per day, oil prices inc ...

GASCO’s Natural Gas Exports Increase by 33% in 2022

The Chairman of Egyptian Natural Gas Company, Yasser Salah El Din, stated that the total amount of natural gas transported through the national grid reached 72 billion cubic meters (bcm) and the natural gas export ...

SDX’s 2022 Production Averages 38.5 mmscf/d from South Disouq, 2,033 boe/d from West Gharib

SDX announced that it has achieved average gross production of 38.5 million standard cubic feet per day (mmscf/d) (2,720 barrels of oil equivalent per day (boe/d) net to SDX) from South Disouq concession in additi ...

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