production | Egypt Oil & Gas - Part 61

India to Deregulate Locally Produced Gas Prices

India will deregulate gas prices for locally extracted natural gas and allow producers marketing autonomy during auctions for new exploration blocks, Bloomberg reports. A notice on the Indian Oil Ministry’s website d ...

Egypt’s Gas Production declines to 4.15 bcf/d

According to EGAS's annual report the daily production rate of natural gas declined to 4.15 bcf, in comparison to 4.25 bcf last month, Daily News Egypt reported.

Iraq in $30 a Barrel Price War as Investments Stagnate

Iraq may increase oil output further in 2016 as the country prepares to sell some crude grades for as little as $30 a barrel.

Egyptian Gas Production Increases to 4.3 bcm/d

The Egyptian Natural Gas Holding Company (EGAS) reports that Egyptian natural gas production has increased to 4.3 bcm/d , up 50 mscfd from the previous month.

BAPETCO Achieves Highest Production Record in 15 Years

Badr El-Din Petroleum Company (BAPETCO) achieved its highest rates of oil and gas production in 15 years.

BP Agrees on Speedier Development of Atoll

BP announced in a press release that it has signed a Heads of Agreement (HoA) with the Egyptian Minister of Petroleum, Tarek El Molla, regarding the acceleration of the development of the recent Atoll gas discovery.

GUPCO Updates its Infrastructure in July Field

An official source with GUPCO told Egypt Oil & Gas that the company had completed the restoration of the J-15 marine production platform in the July field, Gulf of Suez.

GPC to Boost Production by 5,000 b/d

Ahmed Jiddawi, Chairman of the General Petroleum Company (GPC) production department, said that his company has devised a new production plan meant to up production to approximately 5000 b/d of crude oil. This was af ...

North Alexandria Concession to Begin Production Early 2017

Egypt Oil & gas learned that British Petroleum (BP) will begin production at its North Alexandria concession early 2017, rather than mid-2017, as originally planned.

OPEC Driving US Shale Downturn

The Organization of Petroleum Exporting Countries—OPEC—is driving US oil and gas rigs to some of their lowest levels in a decade, Bloomberg

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