Atoll Starts Production at 300 MSCF/D
Initial production from Egypt's Atoll natural gas field started at a rate of 300 million standard cubic feet per day (mscf/d).
production | Egypt Oil & Gas - Part 63
OPEC Oil Production Drops to Lowest Levels Since May
Oil production of the Organization of the Petroleum Exporting Countries (OPEC) dropped in November 2017, by 300,000 barrels per day (b/d) to reach its lowest output since May 2017.
Oil Ministry Declines Rumors on Zohr Production Start Rate
Ministry of Petroleum and Mineral Resources declined spreading news quoting the Minister of Petroleum, Tarek El Molla, saying that Zohr will start producing 1 billion cubic feet (bcf) of natural gas within days.
Zohr Production Remains On Track For This Year
Production from the Zohr gas field remains on track to begin in December.
Zohr to Yield 500 mcf/d in 2017
The Zohr gas field will produce 500 million standard cubic feet per day (mscf/d) before the end of 2017.
Lower Y-o-Y Diesel Consumption in July
Egypt's consumption of diesel decreased 0.9% to 1.165 million tons in July 2017, compared to 1.176 million tons in the same period of 2016.
Natural Gas Production Rises 28.6%
Egypt’s production of natural gas rose to 3.37 million tons in July 2017, a year-on-year (y-o-y) increase of 28.6% from last year’s 2.62 million tons.
AMOC’s Profits Rise 153%
Alexandria Mineral Oils Company (AMOC) produced EGP 8.5 billion petroleum products in fiscal year (FY) 2016/2017 with a net profit of EGP 1.1 billion, a 153% increase in profits from FY 2015/2016.
Egypt Produces 626,000 b/d of Crude & Condensates
Egypt produced an average of 626,000 barrels per day (b/d) of crude oil and condensates in fiscal year (FY) 2016/2017.
Hanter: Shell to Maximize Hydrocarbon Potential
Shell is looking to expand its operations in the Western Desert through its partnership with Badr El Din Petroleum (BAPETCO) in order to maximize its hydrocarbon potential.
