production | Egypt Oil & Gas - Part 42

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, a press release reported. The contracts inc...

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 yea...

South Disouq SD-12X Produces First Natural Gas 6 Weeks Early

SDX Energy produced first natural gas at South Disouq SD-12X well in Egypt on 21 December 2020, six weeks ahead of schedule. The company’s first natural gas production is the following success of the SD-12X expl...

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 across the country, made by Kuwait Oil Company (KOC), according to statement ...

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, WAM reported. The well was completed in eight months and it ...

NOC Targets to Produce 1.2 mmbl/d in 2021

The Chairman of Libyan National Oil Corporation (NOC), Mustafa Sanallah, stated that the company targets to produce 1.2 million barrels per day (mmbl/d) of oil during 2021 as a part of its plan for the new year, Libya...

Bolivia Announces Natural Gas Discovery of 1 tcf

Bolivia has made a new natural gas discovery of 1 trillion cubic feet (tcf) in the Caipipendi field of the southern department of Chuquisaca and the country plans for its exploitation in 2021. Bolivia, through the fie...

El Molla Highlights Petroleum Achievements in Akhbar Al Yom Conference

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has highlighted the significant achievements of the petroleum sector during the period from March up till now despite coronavirus and its consequences, ...

Zeitco’s Production Reaches 8,000 bbl/d

East Zeit Petroleum (Zeitco), a joint venture (JV) between Dana Petroleum Company and Egyptian General Petroleum Cooperation (EGPC), production of crude oil reached 8,000 barrels a day (bbl/d) from its concession in E...

Libya’s Oil Exports to Record a High of to 1.2 mmlb/d in December

Libya’s crude oil and condensate exports are expected to reach 1.24 million barrels per day (mmbl/d) in December, recording the highest level in 13 months, according to S&P Global Platts estimates using data from ...

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