production | Egypt Oil & Gas - Part 67
Nigeria’s Crude Oil Output Decreased to 1.6mb/d
Nigeria’s average daily crude oil and condensate production decreased from the 2mb/d recorded February production to be 1.6mb/d in March.
Iraq to Increase Oil Output
Iraq plans to increase crude oil production to 5mb/d.
BP Begins Producing from North Alexandria Concession
BP started producing natural gas from Taurus and Libra fields early April.
Libya’s Biggest Oil Field Continues Production
Libya’s biggest oil Field continued production after a week of suspension at Sharara. Crude production bounced back to about 660,000b/d.
Algeria Supports Extension of OPEC Deal
Algeria’s Energy Minister, Noureddine Boutarfa, announced the country’s support in extending global oil production cuts beyond June. Other countries have also added their support for a possible extension, including V ...
Iran Starts Oil Production at South Pars Field
Iran started pumping oil from the oil layer of South Pars gas field (in the Persian Gulf). Production from seven oil wells in the complex began and should reach a net peak capacity of 35,000b/d in about a week.
Oman: NatGas Production, Imports Dropped in January
Oman’s natural gas production and imports fell by 4.5% to 3,424mcm in January 2017, compared to 3,584mcm in January 2016.
Oman to Pump 1mb/d in 2017
Non-OPEC producer Oman intends to pump an average of 1mb/d in this 2017, despite the 45,000b/d production cut it had pledged with the OPEC-non-OPEC deal.
