production | Egypt Oil & Gas - Part 38

El Molla Highlights Petroleum Achievements in Akhbar Al Yom Conference

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has reviewed the significant achievements of the petroleum sector during the period from March up till now despite coronavirus and its consequences. ...

Zeitco’s Production Reaches 8,000 bbl/d

East Zeit Petroleum (Zeitco), a joint venture (JV) between Dana Petroleum Company and Egyptian General Petroleum Cooperation (EGPC), produced 8,000 barrels of crude oil (bbl) from its concession in Egypt, accordin ...

Libya’s Oil Exports to Record a High of to 1.2 mmlb/d in December

Libya’s crude oil and condensate exports are expected to reach 1.24 million barrels per day (mmbl/d) in December, recording the highest level in 13 months.

Kazakhstan to Establish Oil, Gas Engineering Development International Center

Kazakhstan signed an agreement to establish an international center for the development of oil and gas engineering.

UOG Increases Production by 20% in H2 2020

United Oil & Gas PLC (UOG) increased the average production rate in the Abu Sennan concession for H2 2020 by 20% against H1 2020 to reach 2,370 barrels of oil equivalent per day (bbloe/d).

NOC, ENI Discuss Resuming Suspended Projects

The Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, has met the CEO of ENI, Claudio Descalzi to discuss resuming the important projects which are suspended because of the lack of financial budgets ...

SDX Records 90% Production Increase in Nine Months

SDX company recorded increase in its production by 90% during the first nine month of fiscal year (FY) 2020 after reaching to 6,646 barrel of equivalent per day (boe/d) compared to 3,501 boe in the same period of ...

Dana Gas Records Net Profit of $31 MM in Nine Months

Dana Gas Company announced that it generated a net profit of $31 million during the first nine month of 2020 compared to $69 million during the same period of 2019, excluding one-off non-Cash impairments and other ...

BP Commences Natural Gas Production from Qattameya, Atoll Fields

BP company announced starting natural gas production from Qattameya gas field in the North Damietta offshore concession and Atoll-4 fields.

Aramco Maintains $18.75 B Dividends for Q3

Saudi Aramco, the world’s largest oil-producing company, has released its financial results for Q3 2020 with the company pledging to maintain its dividend payment of $18.75 billion.

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