production | Egypt Oil & Gas - Part 72
Adnoc to Decrease Oil Sales by 10% in June
The United Arab Emirates is cutting back supplies to customers in June, in line with its plan to follow the Organization of Petroleum Exporting Countries’ agreement to reduce production, Bloomberg reported. Acco...
Egypt to Reach Oil Self-sufficiency by 2018
Egyptians Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the ministry is targeting bringing 2.5bcf/d of gas online in the coming months, Ahram Gate reported. The production raise comes in the...
Shell Reopens Nigeria’s Bonga Field
Shell Nigeria has reopened the Bonga deep water oilfield after a turnaround maintenance, All Africa reported. According to This Day Live, The field was shut down in early March 2017, for the maintenance, which include...
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, All Africa reported. According to data from the Ministry of Petroleum Resources...
Iraq to Increase Oil Output
Iraqi Oil Minister, Jabbar Al Luaibi, stated, during an energy conference in Baghdad, that the country is planning to increase crude oil output from 4.4mb/d to 5mb/d by the end of 2017, reported the Alpena News. Al Lu...
BP Begins Producing from North Alexandria Concession
British Petroleum (BP) linked 600mcf/d of natural gas from the Taurus and Libra fields, in its North Alexandria concession, to Burullus processing facility. The fields were initially producing 200mcf/d, at the end of ...
Libya’s Biggest Oil Field Continues Production
Libya’s crude oil output bounced back to 660,000b/d as the nation resumed production at its biggest oil field, which had halted operations for about a week, Bloomberg reported. Libya’s state-run National Oil Corp̵...
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, Times of Oman reported. According to the minister, the strategy is succeeding in red...
