production | Egypt Oil & Gas - Part 43
UOG Increases Production by 20% in H2 2020
United Oil & Gas PLC (UOG) increased the average production rate in the Abu Sennan concession for H2 2020 to reach 2,370 barrels of oil equivalent per day (bbloe/d), an increase of 20% in comparison with H1 2020 ...
NOC, ENI Discuss Resuming Suspended Projects
The Chairman of the National Oil Corporation (NOC), Mustafa Sanalla, has met with the CEO of ENI, Claudio Descalzi to discuss resuming the important projects which were suspended because of the lack of financial budge...
SDX Records 90% Production Increase in Nine Months
SDX company recorded an increase in its production by 90% during the first nine month of 2020 after reaching to 6,646 barrel of equivalent per day (bbloe/d) compared to 3,501 bbloe in the same period of 2019, accordin...
Dana Gas Records Net Profit of $31 MM in Nine Months
Dana Gas announced that it has generated a net profit of $31 million during the first nine months of 2020, excluding one-off non-Cash impairments and other income items, according to the company’s press release. Patri...
BP Commences Natural Gas Production from Qattameya, Atoll Fields
BP company announced it has started natural gas production from Qattameya gas field in the North Damietta offshore concession and Atoll-4 field, according to a statement published on BP Facebook Official Page. The com...
Aramco Maintains $18.75 B Dividends for Q3
Saudi Aramco, the world’s largest oil-producing company, has released its financial results for Q3 2020 with the company pledging to maintain its dividend payment of $18.75 billion, according to a press release. The c...
Gempetco Achieves Record Oil Production of 10,000 b/d
Gemsa Petroleum Company (Gempetco) achieved a new record by producing 10,000 barrels per day of oil (b/d) despite coronavirus pandemic, according to the general trade union of petroleum workers (GTUPW). The company re...
UAE, Algeria Committed to OPEC+ Deal
The United Arab Emirates (UAE) has reaffirmed its commitment to the Organization of Petroleum Countries and its allies (OPEC+) output deal despite rising domestic needs, according to S&P Global. Suhail Mazrouei, t...
