BP Starts Production from Atoll Field
UK's BP announced starting production of natural gas from the first phase of Egypt's Atoll field, located offshore Egypt.
UK's BP announced starting production of natural gas from the first phase of Egypt's Atoll field, located offshore Egypt.
Qarun Petroleum Company plans to drill 22 wells to expand its activities during fiscal year (FY) 2018/2019, for production to reach 11.9 million barrels during the fiscal year.
Egypt’s electricity generation fell by 7.6% to 15.8 kWh in October 2017, from the 17.1 kWh produced in September 2017.
Egypt’s diesel production decreased by around 7.8% year-on-year (Y.o.Y) to 544,000 tons in November 2017, compared to 590,000 tons in November 2016.
Agiba Petroleum Company plans to produce 16.4 million standard cubic feet per day (mscf/d) during fiscal year (FY) 2018/2019.
Egypt’s butane imports fell by around 11.45% year-on-year (Y.o.Y) to record 193,300 tons in November 2017, compared to 218,300 tons in November 2016.
Consumption of petroleum products declined by 4.4% Year-on-Year (Y.o.Y), from 3 million tons in November 2016 to 2.877 million tons in November 2017.
SDX Energy Incorporation announced plans to maintain 2017 production rates from North West Gemsa during 2018, standing at 4,422 barrel of oil equivalent per day (boe/d).
Pharaonic Petroleum Company plans to produce up to 512 million standard cubic feet per day (mscf/d) of natural gas and around 9,000 barrels per day (b/d) of condensates during FY 2018/2019.
Belayim Petroleum Company (Petrobel) plans to boost average production to reach 358,000 barrels of equivalent per day (boe/d) during FY 2018/2019.