An anonymous petroleum source stated that the total investment of developing Abu Sennan Concession in the Western Desert, which is dependent to the General Petroleum Company, reached to $2.5 million.
Burullus Gas Company plans to drill three development wells at the West Delta Deep Marine (WDDM) project valued at $250 million.
The Chairman of Badr El Din Petroleum company (BAPETCO), Salah Abdel Kerim said that the rate of production of his company reached 114,000 barrels of oil equivalent per day (boe/d) including more than 38 barrels o ...
SDX’s South Disouq and West Gharib production in H1 2020 exceeded the company’s 2020 guidance with 6,980 barrels of oil equivalent per day (bbloe/d), noting a 97% increase than H1 2019.
The CEO of Nirouchlor Company, Vahid Namnik, said that the comoany’s exports to Europe reached to 5,000 tons despite the restrictions imposed due to coronavirus.
The National Oil Corporation (NOC) has posted export revenues of $45.5 million for crude oil, gas, and condensates in June, which is the lowest figures from the year so far.
Brazil’s state-run oil company, Petrobras, has published its Q2 2020 results, indicating a slow down in production compared to Q1 2020.
Norwegian Petroleum Directorate (NPD) has announced that Norway failed to reach the original production figures for June by 4.1%.
Kuwait and Saudi Arabia have plans in place to resume oil production at the Neutral Zone at jointly-operated Khafji and Wafra oilfields on July 1.
The General Petroleum Company announced that it managed to add 1,500 barrels of crude oil to its daily production despite the current circumstances and challenges for production increase.
