production | Egypt Oil & Gas - Part 41
El Molla: Al-Hamra Port to Increase Capacity to 2.6 mmbbl
The Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the total capacity of Al-Hamra port in the Mediterranean will increase from 1.5 million barrels (mmbbl) to 2.6 mmbbl, which can help to tran...
UOG Expects Production Increase in H1 2021
United Oil & Gas PLC (UOG) will increase its production in Egypt to an average of 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), acco...
Qatargas Achieves a Record by Loading the10,000th Cargo of Helium
Qatargas Operating Company Limited (Qatargas) announced that it achieved a record by loading the 10,000th cargo of helium produced from its Helium 2 plant, according to a press release. The company is the operator of ...
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 termina...
Iraq Declines Annual Oil Supplies to Indian Refineries in 2021
Iraq has cut its annual crude oil supplies from Basra to many Indian refineries by 20% for 2021 as part of its commitment to OPEC’s decisions, sources told Reuters. However, this reduction of supplies may erode Iraq’s...
NOC Achieves Petroleum Revenues of $1.115 B in December 2020
The Libyan National Oil Corporation (NOC) has recorded revenues worth $ 1.115 billion from the sales of the crude oil, gas, condensates, petroleum products and petrochemicals during December 2020, a press release repo...
Cryogas-Vysotsk Produces First 1 MMT of LNG
Russian Novatek company announced that its joint venture with Gazprombank, Cryogas-Vysotsk, has produced the first 1 million tons of liquified natural gas (LNG) since the launch of the project in 2019, according to a ...
Ganope to Drill 11 Wells in FY 2021/22
Ganoub El Wadi Petroleum Holding Company (Ganope) plans to drill 11 exploration wells during fiscal year (FY) 2021/22 with investments exceeding $37 million, the head of the company, Alaa El Batal, said adding that th...
