production | Egypt Oil & Gas - Part 71
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, Bloomberg reported. The boost in production is considered to be the first time for t...
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, PIC’s CEO, Mohammed Al-Farhoud, said, according to ...
Zohr to Start Production in November
The Egyptian Ministry of Petroleum and Mineral Resources announced that Zohr field’s actual production will start in November 2017, reported Amwal Al Ghad. The ministry explained that the wells will be prepared ...
Qatar Petroleum Operations Remains Stable
Qatar Petroleum( QP), state-run energy firm, said it is carrying out normal operations despite the land, sea and air disruptions after neighboring countries of Saudi Arabia, United Arab Emirates and Bahrain severed di...
Libya’s Largest Oil Field Reopened
Libya’s largest oil field, Sharara, has resumed production after workers had shuttered the 270,000b/d field. The field is expected to return to its usual output within few days, Oil Price informed. The announcement th...
Rosneft to Raise Crude Output if OPEC Deal Ends
Russia’s largest oil company, Rosneft, has served notice that it will step up production in the event of a sudden end to the agreement among major crude producers to curb output in an effort to prop up prices, Financi...
SNEPCo Announced 702mb of Oil Production from Bonga
The Managing Director of SNEPCo, Bayo Ojulari, announced that The Bonga oil field operated by Shell Nigeria Exploration and Production Company (SNEPCo) has produced about 702mb of oil since its start up in 2005. The f...
Tullow to Boost TEN Field Production off Ghana
Tullow Oil will drill new wells and increase the output at its TEN field off Ghana to 80,000b/d, Petroleum Africa reported. According to Reuters, Tullow’s Managing Director in Ghana, Charles Darku, announced tha...
