production | Egypt Oil & Gas - Part 70
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, Egypt Oil & Gas reports. The company sold around 302,648 ...
Dana Gas: Production in Egypt Rose in 1H
Dana Gas announced that its production of gas in Egypt rose by 13%, Egypt Oil & Gas reports. While production slowed in the second quarter of 2017 to 37,650 barrels of oil equivalent per day (BOE/D), the company s...
Security Challenges Continue to Plague Libya’s Sharara Field
Security issues at Sharara continue to hamper production at Libya’s most important oil field. Production has fallen 33% from 300,000 barrels a day (b/d) to 200,000 b/d, according to one Bloomberg source. Workers...
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, Reuters reports. Increasi...
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, reports Egypt Oil & Gas. Zohr’s development is in full swing in ter...
Egyptian Refineries Secure 65% of Local Fuel Demand
Egyptian refineries have secured approximately 65% of the country’s daily demands for petroleum products, stated Head of the Egyptian General Petroleum Corporation (EGPC), Abed Ezz El Regal, according to Amwal Al Ghad...
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). Daily crude oil production from the Karma fields ranges between 22,000 and 23,000 b/d. Mohs...
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 restrainin...
