production | Egypt Oil & Gas - Part 33

Al-Sisi Supports Eni’s Endeavors to Expand Activities in Egypt

President Abdel Fattah Al-Sisi expressed his support for Eni’s endeavors to expand its investments in Egypt in the field of exploration and production (E&P) to continue the fruitful cooperation between Egypt and E ...

Iran’s Annual Sweet Gas Production Increases by 6%

Iran has achieved 6% increase in the annual production of sweet gas despite the lockdowns and obstacles being resulted from coronavirus outbreak.

Libya’s Waha Oil to Restart 2nd Development Phase of El Farag Gas Field

Libya's Waha Oil Company, a subsidiary of the National Oil Corporation (NOC) will restart the second development  phase of its main El Farag gas field.

EP Petroecuador to Drill new 13 Wells

EP Petroecuador has announced that it will drill further 13 wells and maintain production at 400,000 barrels per day during 2021.

MIDOR Refines 36.5 mmbbl in 2020

MIDOR refined 36.5 million barrels of oil (mmbbl) in 2020, and produced 4,600 tons of high quality petroleum products, directing 86% of these products to local market, the press release reported.

Mexico’s Pemex Announces New Discovery in Tabasco

Pemex CEO, Octavio Romero Oropeza, announced that the company has discover a new field in Tabasco which is expected to produce around one billion barrels of oil helping to compensate the production slump.

EGAS: Natural Gas Production to Reach 7.2 bcf/d

The Egyptian Natural Gas Holding Company (EGAS) announced that it plans to sign three development contracts worth $377.7 million in and complete drilling ten wells in Delta and the Mediterranean (FY) 2021/2022.

PetroEcuador to Boost ITT Fields Production

PetroEcuador is planning to increase production from its Ishpingo-Tambococha-Tiputini (ITT) oilfields located in the Eastern Amazon Oriente Basin, after completing the 2022 drilling campaign.

Cheiron to Acquire 50% of Shell Egypt Onshore Upstream Assets

Cheiron Petroleum Corporation has agreed to purchase 50% of Shell’s upstream oil and gas interests in the Western Desert, according to press release. The remaining 50% of the interests will be purchased by Cheir ...

Equinor Further Development in Asgard Field

Equinor Company with its partners decided to further develop the Asgard field and implement the Asgard B- low pressure project with an investment NOK 1.4 billion.

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