production | Egypt Oil & Gas - Part 41

Nigeria Under Producing to Make up for Poor Compliance

Nigeria’s State-owned Nigerian National Petroleum Company (NNPC) chief, Mele Kyari, has announced in an online conference that current daily oil production over complies with its promised cuts in the OPEC+ agreeme ...

New Petroleum Discovery in Abu Sennan

The Chairman of Borg Al Arab Petroleum Company announced that his company has achieved a new petroleum discovery in Abu Sennan concession after drilling Al Salemia Well -5 at the Western Dessert.

South Disouq Raises SDX Production by 117% in Q1 2020

SDX company announced that its entitlement production recorded 8,061 barrel of equivalent per day (boe/d) which is increased by 117% during the first quarter (Q1) of the fiscal year (FY)2020, compared to 3,715 boe ...

Venezuela’s PDVSA Creates New Unit for Oil Terminals

Venezuela’s state-run oil company Petroleos de Venezuela (PDVSA) has created a new unit to run its oil terminals.

 Libya’s Oil Production Down to 95,000 bpd

National Oil Company’s (NOC) total oil production inside Libya is down to 95,077 barrels per day (bpd) as of April 28.

Eni Cuts Back on 2020 Targets

Italian company Eni has adjusted the company’s financial outlook for the coming year and has announced capital expenditure (Capex) cuts of 2.3 billion EUR for 2020.

Saudi Arabia Crude Oil Exports Falls to 7.2 mmbbl in February

Saudi Arabia’s crude oil exports in February slipped to 7.2 million barrels per day (mmbbl) from 7.29 mmbbl in January.

Libya Records $4 Billion Losses of Oil Revenue Since January

A blockade of oil and gas facilities in Libya has resulted in severe financial losses totalling $4,087,913,653 since mid January.

Oman Standard Petrol Production Declines 25% in January

A data released from the Omani National Center for Statistics and Information (NCSI)  demonstrated that the production of standard grade petrol (M-91) by Omani refineries has declined by 25% at the end of January ...

Inpex to Lift More Abu Dhabi Equity Oil

Japan's largest upstream company Inpex is expected to lift more Abu Dhabi equity oil in April in line with the United Arab of Emirates' (UAE) policy of increased oil production of up to 4 billion barrels per day ( ...

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