Iraq Declines Annual Oil Supplies to Indian Refineries in 2021
Iraq has declined its annual crude oil supplies from Basra to many Indian refineries by 20% for 2021 as a part of its commitment to OPEC’s decisions.
production | Egypt Oil & Gas - Part 41
NOC Achieves Petroleum Revenues of $1.115 B in December 2020
The Libyan National Oil Corporation (NOC), has recorded revenues reached $ 1.115 billion from the sales of the crude oil, gas, condensates, petroleum products and petrochemicals during December 2020.
Cryogas-Vysotsk Produces First 1 MMT of LNG
Russian Novatek company announced that its joint venture with Gazprombank, Cryogas-Vysotsk has produced the first one million tons of liquified natural gas (LNG) since the launch of the project in 2019.
Ganope to Drill 11 Wells in FY 2021/22
The Minister of Petroleum and Mineral Resources announced that the Red Sea region will witness intensive exploration and production (E&P) in oil and natural gas activities.
Iran’s NIOC to Issue Bonds Worth Rls 20,000 B to Finance Oil Projects
Masoud Karbasian, the CEO of the National Iranian Oil Company (NIOC) announced that the company said NIOC was planning to issue bonds worth IRR 20,000 billion to finance projects aimed at production enhancement an ...
Iran’s NIOC Signs 8 Oil Contracts with Local Companies worth $1.2 B
The National Iranian Oil Company (NIOC) has signed eight oil contracts with local companies to boost and maintain production at the Iranian fields at a cost of $1.2 billion.
Sinopec Establishes First Phase of Weirong Gas Field
The Chinese Sinopec company announced the establishment of the first phase of a new shale gas field, Weirong, in southwestern Sichuan at a production capacity estimated at 1 billion cubic meters of natural gas per ...
South Disouq SD-12X Produces First Natural Gas 6 Weeks Early
SDX Energy Company produced first natural gas at South Disouq SD-12X well in Egypt on 21 December 2020, six weeks ahead of schedule.
Kuwait Makes Three New Oil Discoveries
The Kuwaiti Minister of Oil, Electricity and Water, Mohammed Al-Faris announced the discovery of three new oil fields in different regions of the country for Kuwait Oil Company (KOC).
SNOC, ENI Commence Production at Mahani Gas Field
Sharjah National Oil Corporation (SNOC), and Eni company have announced the production start-up of Mahani field through Mahani-1 gas well in Sharjah Area B.
