production | Egypt Oil & Gas - Part 66

Petrobel Exceeds Gas Production Target

Belayim Petroleum Company (Petrobel) has exceeded its production target for gas by 30% during the current fiscal year.

Agiba Petroleum Increases Production, Reserves

The head of Agiba Petroleum, Alaa El Batal, reported that the company increased both reserves and production during fiscal year (FY) 2016/2017.

Khalda Achieves 99% of Production Target

Khalda Petroleum Company’s production of natural gas reached 4,643,282 barrels of oil equivalent (boe) in July, 99% of its targeted production of 4,677,635 boe for the month.

TransGlobe Produces 13,851 b/d of Crude

TransGlobe Energy Corporation announced production rates of 13,851 barrels per day (b/d) of oil from its Egyptian fields during the second quarter of 2017.

Dana Gas: Production in Egypt Rose in 1H

Dana Gas announced that its production of gas in Egypt rose by 13%.

Security Challenges Continue to Plague Libya’s Sharara Field

Security issues at Sharara continue to hamper production at Libya's most important oil field.

US Oil Prices Sink Below $50

The US price of crude oil is hovering under $50 per barrel despite this week's meeting of oil producers in Abu Dhabi to discuss compliance with January's production-cut agreement.

El Molla Visits Zohr

Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, visited Zohr field to check on the field's development process.

Egyptian Refineries Secure 65% of Local Fuel Demand

Egyptian refineries secure approximately 65% of the country’s daily demands for petroleum products.

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).

Page 66 of 82

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