In its quarterly report, Dana Gas, the Middle East's largest natural gas company, announced that its net profit increased by 125% in Q1 2022, reaching $54 million or 2.8 fils per share, compared to $24 million or ...
The company's working interest output in Egypt for 2022 is expected to average between 1,500-1,650 barrels of oil equivalent per day (boe/d) net; including production from current wells, which have historical decl ...
The Libyan National Oil and Gas Company (NOC) announced the force majeure on the Al-Sharara oil field.
Production is the main pillar of the company and the secret of its strength, as the amount of production during 2021 reached about 2.7 million tons, an increase of 12.5% over 2020.
According to the company's production Summary, TransGlobe's production from Egypt reached a year-to-date (YTD) average of 10,045 barrels of oil equivalent per day (boe/d). In Egypt production was impacted by poor ...
Neptune Energy has announced a drilling contract has been awarded to KCA Deutag for the Z17 well located in the Adorf carboniferous gas, in northwest Germany.
Tharwa Breda Petroleum Services Company (TBPSCO) announced that it has produced 222 wellheads during 2021, achieving an increase in its revenues by 53% compared to 2020.
Shell revealed that it has started production at PowerNap, a subsea development in the US Gulf of Mexico, which is a tie-back to the Olympus production hub in the Mars Corridor.
SONATRACH announced that it has successfully completed its a West Oglet En Nasser-2 (WOEN-2) delineation well in the Touggourt Est I perimeter, located north of the Hassi Messaoud field in Algeria.
The Iraqi Ministry of Oil announced that it has connected 28 new wells to the production line at Magnon field.
