production | Egypt Oil & Gas - Part 36

Russia Signs Oil Production Agreement for Boosting Priobskoye Filed Production

Rosneft Company along with the Russian Ministry of Finance and the Ministry of Natural Resources and the Environment has signed an investment agreement for boosting oil production in the Priobskoye field in the fo ...

Qatar Petroleum to Develop Giant NFE’s LNG Project

Qatar Petroleum (QP) company announced that its has signed an agreement for developing the North Field East (NFE) project, which is the world’s largest liquefied natural gas (LNG).

Nigeria to Obtain $500 MM Signature Bonuses from Marginal Oil Fields

The Nigerian Head of the Department of Petroleum Resources (DPR), Sarki Auwalu, said that he expected that Nigeria will obtain $500 million from the signature bonus of marginal oil fields.

Equinor Achieves New Oil Discovery in Troll Concession

Equinor company and its partners DNO Norge, Petroro and Wellesley Petroleum have achieved the first oil discovery in 2021 at Rover North near Troll area.

El Molla: Al-Hamra Port to Increase Capacity to 2.6 mmbbl

The Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that Al-Hamra port in the Mediterranean region will increase its oil production from 1.5 to 2.6 million barrels (mmbbl), which represent 73.3 ...

UOG Expects Production Increase in H1 2021

United Oil & Gas PLC (UOG) will increase its production in Egypt to be average 2,300 and 2,500 barrels of oil equivalent per day (bbloe/d) for H1 2021, while in 2020 its production reached 2,195 (bbloe/d).

Qatargas Achieves a Record by Loading the10,000th Cargo of Helium

Qatargas Operating Company Limited (Qatargas) announced that it achieved a record by loading the10,000th cargo of helium produced from its Helium 2 plant.

Libya’s NOC Resumes Production from Faregh Field

The Libyan National Oil Corporation (NOC) announced that it has resumed the production from Faregh field which is operated by Waha oil Company after its shutdown nearly a year ago due to the closure of the oil ter ...

Iraq Declines Annual Oil Supplies to Indian Refineries in 2021

Iraq has declined its annual crude oil supplies from Basra to many Indian refineries by 20% for 2021 as a part of its commitment to OPEC’s decisions.

NOC Achieves Petroleum Revenues of $1.115 B in December 2020

The Libyan National Oil Corporation (NOC), has recorded revenues reached $ 1.115 billion from the sales of the crude oil, gas, condensates, petroleum products and petrochemicals during December 2020.

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