production | Egypt Oil & Gas - Part 67
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.
