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.
production | Egypt Oil & Gas - Part 34
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.
Egypt Approves Extending SDX’s PSA of West Ghairb to 2031
SDX company announced that it has received the final approval from the Egyptian authorities to extend its Production Services Agreement for oil production from Meseda and Rabul oil fields in West Gharib concession ...
GUPCO to Invest $562 MM in FY 2020/21
The Chairman of Gulf of Suez Petroleum Company (GUPCO), Mohamed El Meligy, stated that the company has allocated $562 million its planning budget for the fiscal year (FY) 2020/2021 for investments to implement pro ...
Iran’s Azar Joint Field Total Production Records 36 mmbl
The executor of Azar joint field’s development project, announced that the Iranian Azar joint field has recorded total production of 36 million barrels (mmbl).
Neptune Energy Starts Drilling Operations in Dugong Well
Neptune Energy along with its partners announced that it has started drilling operations in the Dugong appraisal well in Norweigan sector of the North Sea.
