production | Egypt Oil & Gas - Part 66

Qarun Petroleum Boosts Karma Field Production

Qarun Petroleum Company boosted its crude oil production from the Karma fields to approximately 23,000 barrels per day (b/d).

Kuwait Promises to Reduce Oil Production, Following UAE

Kuwait is promising to decrease its oil production in response to Saudi Arabia’s call for fellow members of the Organization of the Petroleum Exporting Countries (OPEC) to cut more supply in order to aid in restraini ...

Egyptian Gas Production Records 3,160 tons in April

Egypt's gas production recorded a remarkable increase in April 2017 as it reached 3,160 tons, compared to 2,420 tons in April 2016.

Total, QP Acquire Stake in Al-Shaheen Field, Offshore Qatar

Total along with the national oil company Qatar Petroleum acquired the operatorship of the Al-Shaheen offshore oil field for a period of 25 years starting July 14

Saudi Arabia’s Exceeds OPEC’s Production Limit

Saudi Arabia has exceeds the production cap set by OPEC, reaching 10.07 million b/d in June, surpassing the limit of 10.058 million.

Kuwait to Invest $8b in Petrochemicals

Kuwait’s Petrochemicals Industries Company (PIC) is planning to invest $8b into petrochemical projects in Bahrain and other countries over the next five years.

Zohr to Start Production in November

The Egyptian Ministry of Petroleum announced that Zohr field's actual production will start in November.

Qatar Petroleum Operations Remains Stable

QP carrying out normal operations despite the land, sea and air disruptions after neighboring countries severed diplomatic and trade ties with Qatar.

Libya’s Largest Oil Field Reopened

Libya’s largest oil field, Sharara, has resumed production after workers had shuttered the 270,000b/d field.

Rosneft to Raise Crude Output if OPEC Deal Ends

Rosneft has served notice that it will step up production in the event of a sudden end to the OPEC agreement.

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