Petrobakr and South Ghazalat Petroleum Companies plan a total investment of $121 million for the fiscal year (FY) 2026/27, targeting a daily crude oil output of 14,000 barrels, Khaled Mounir, Chairman of Petrobakr ...
Four petroleum sector companies have successfully made new discoveries in the Western Desert, yielding a total estimated production of over 5,200 barrels per day (b/d) of crude oil and condensates, alongside appr ...
Venezuela expects to attract around $1.4 billion in investment this year for projects operating under oil production-sharing contracts promoted by the government, up from about $900 million last year, Interim Pres ...
Dana Gas, the Middle East's leading private natural gas company, has drilled four wells in Egypt throughout 2025 and completed a workover program across three additional wells, boosting the total production of it ...
bp, the British energy major, revealed that its upstream production in the Q4 2025 is expected to be broadly in line with the previous quarter, according to company guidance, with stable output in oil production ...
Shell expects its Upstream production to increase to between 1.84 and 1.94 million barrels of oil equivalent per day (mmboe/d) in the fourth quarter (Q4) of 2025, according to its latest quarterly update note. The ...
North Petroleum International Company (NPIC), a subsidiary of China’s state-owned Zhenhua Oil Company, plans to boost production through the optimization of existing assets and the acquisition of new concessions. ...
The United Energy Egypt (UEE) has drilled around 30 wells in 2025, which successfully offset natural reservoir decline and increased oil production by more than 20%, according to Kamel Al Sawi, Regional President ...
Energean, the international energy company focused on natural gas exploration and production, announced that its Egyptian assets showed “an excellent performance” during the first nine months of 2025 with producti ...
West El-Burullus (WEB) gas field entered production in the Mediterranean after the connection of the first wells to the national grid with production tests estimated at 45 million cubic feet per day (mmcf/d), acco ...
