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.
production | Egypt Oil & Gas - Part 18
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 ...
bp Launches Strategy for HyVal in Spain’s Valencia Region
bp launched the green hydrogen cluster of the Valencia region (HyVal). The public-private joint program is planned, which is led by bp, aims to produce green hydrogen at bp’s refinery by 2030 by gradually developi ...
UOG Encounters 22 Meters of Net Oil Pay While Drilling ASH-8 Well
United Oil & Gas (UOG) announced that it has encountered 22 meters of net oil pay while spudding the ASH-8 development well ("ASH-8") in the Abu Sennan license, onshore Egypt.
Wintershall Dea Talks Performance, Carbon Management in 2023 Annual Conference
Wintershall Dea’s total output, except from Russia, recorded at 321,000 barrel of oil equivalent per day (boe/d) in 2022. The company is further targeting moderate production growth to achieve 350,000 – 400,000 bo ...
Petrobel, Petroshrouk Announce Investment Targets for FY 2023/24
Belayim Petroleum Company (Petrobel) Chairman Khalid Mowafi announced that his company targets investments in its budget plans for fiscal years (FY) 2022/23 and 2023/24 worth more than $800 million per year.
