production | Egypt Oil & Gas - Part 38

GPC Succeeds to Get Initial Production of 600 bbls/d in Amer- 81 Field

With investments of about $ 1.5 million, the General Petroleum Company (GPC) succeeded in drilling one of the oldest fields in the Gulf of Suez at a depth of 2256 meters, it is the development well Amer-81. The well w...

GPC Starts Initial Extraction from Al-Hamd Field with 1,500 bbls/d

The General Petroleum Company (GPC) started its first extraction from Al-Hamd field at the Gulf of Suez concession area with a production rate of about 1500 barrels per day (bbls/d), according to a report issued by Ge...

Sukari Ramps up Production by 53% in Q1 2021

The Sukari gold mine ramped up production by 53% in Q1 2021 compared to Q4 2020, amounting the total production to 104,047 ounces (oz), according to a press release . Centamin, the operating company of the mine, added...

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) and to continue its fruitful cooperation with the Egypti...

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 resulted from coronavirus outbreak, National Iranian Gas Company (NIGC) cited in a statement on its website. Acco...

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

Waha Oil Company, a subsidiary of the Libya’s National Oil Corporation (NOC) will restart the second development  phase of its main El Farag gas field, according to S&P Global Platts. Libya’s El Farag ...

EP Petroecuador to Drill new 13 Wells

Ecuador’s EP Petroecuador has announced that it will drill further 13 wells; eight in Tamboccha and five in Sacha to maintain production at 400,000 barrels per day (bbl\d) during 2021,a press release reported. A...

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, 86% of which is directed to local market, a press release reported. The announcement came during t...

Mexico’s Pemex Announces New Discovery in Tabasco

Mexico’s Pemex announced that the company has discovered a new field in Tabasco which is expected to produce around one billion barrels of oil helping to compensate for the production slump, Bloomberg reported. ...

EGAS: Natural Gas Production to Reach 7.2 bcf/d

The Egyptian Natural Gas Holding Company (EGAS) announced that it will sign three development contracts worth $377.7 million and that the natural gas production rate is planned to reach 7.2 billion Cubic feet of gas p...

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