Petrobel to Boost Production to 358,000 boe/d
Belayim Petroleum Company (Petrobel) plans to boost average production to reach 358,000 barrels of equivalent per day (boe/d) during FY 2018/2019.
production | Egypt Oil & Gas - Part 64
SDX to Increase Natural Gas Gross Production from Morocco
SDX Energy Incorporation announced plans to increase its natural gas gross production from Morocco to reach between 8 and 10 million standard cubic feet per day (mscf/d) by the end of 2018.
Iran’s West Karoun Oil Output Doubles in 2017
Iranian oil output from its West Karoun oilfields reached 305,000 b/d in the Iranian month of Dey, compared to 161,000 b/d during the same period this year.
Egypt’s Natural Gas Production Increases by 14% Y.o.Y
The Egyptian natural gas production increased by around 14.11% year-on-year (Y.o.Y.), rising to 3.12 million tons in November 2017, compared to 2.734 million tons in November 2016.
Ganope’s Production Plan to Reach 8.9 M Barrels
South Valley Egyptian Petroleum Holding Company (Ganope) plans to produce 8.9 million barrels of oil during FY 2018/2019.
Electricity Exports Reach 747 GWH in 2015/2016
Egypt’s electricity exports reached 747 GWH during FY 2015/2016, while electricity imports recorded 54 GWH in the same FY, declining by 69.8% from the 179 GWH imports in 2002/2003.
GPC to Drill 18 Wells in 2018/2019
The General Petroleum Company (GPC) plans to drill 5 exploratory wells and 13 development wells, as well as maintain and complete 27 wells during FY 2018/2019.
Egypt is the 3rd Arab Country in Gas Consumption
Egypt has recorded the third place among Arab natural gas consuming countries, as it consumes 11.8% of the Arab natural gas total consumption.
Iraq to Boost Oil Output Capacity to 5 mb/d
Iraq’s oil output capacity is coming close to 5 million b/d. Yet, the OPEC member will comply with the global supply cut pact.
Rashpetco Natural Gas Production Hits 486 mscf/d in H1
Rashid Petroleum Company/Burullus Gas Company (Rashpetco) has achieved its production target for the first half of fiscal year (FY) 2017/2018, reaching 684 mscf/d of natural gas.
