production | Egypt Oil & Gas - Part 46
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, according to a press release. The forced restriction of oil and gas production has caused financia...
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 EUR 2.3 billion for 2020, according to a press release. The company’s outlook...
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, official data showed. In total, the Kingdom pumped 9.784 mmbbl in February, up from 9.748 mmbbl i...
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 totaling $4,087,913,653 since mid January, according to a press release. National Oil Company (NOC) facilities were shut down on Ja...
Oman Standard Petrol Production Declines 25% in January
The production of standard grade petrol (M-91) by Omani refineries has declined by 25% by the end of January, down to 1.04 billion barrels compared to 1.39 billion barrels January 2019, the data released from the Oman...
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 p...
Butagasco Inaugurates EGP 2.6 MM Warehouse
The Egyptian Co. For Gas Transferring & Deliverance’s (Butagasco) Chairman and Managing Director has inaugurated a gas cylinders warehouse in Al Ayyat in Giza governorate on an area of about 1,500 square met...
SDX Energy Starts Gas Production at South Disouq Concession
SDX Energy announced in an official statement the commencement of production from its operated South Disouq concession in Egypt, as it has 55% of the working interest. SDX added that gas has been flowing through the S...
