production | Egypt Oil & Gas - Part 75
Gazprom Brought Four Iraqi Oil Wells Online
Russia’s Gazprom Neft brought four new oil wells, with a combined output of 30,500 b/d, into production at Badra Field in Iraq, pushing the field’s total output to 3mt, Sputnik reported. Drilling of four further...
Nigeria’s Oil Output,Export Losses Continues
The Nigerian Petroleum Minister, Ibe Kachikwu, said that the country’s losses in oil production due to militant attacks have hit 900,000 b/d, Oil Price reported. The African nation continues to lose about $274m as the...
Iran Exported 2.74mb/d of Crude in July
With $645m investments to revitalize Iran’s oil recovery rates, the National Iranian Oil Company (NIOC) reported that the Islamic Republic is pumping 3.62m b/d of crude oil, with 2.74m b/d in exports during July...
Sasol Expands Oil, Gas Output in Mozambique, Gabon
South African energy and chemicals group Sasol has increased its natural gas, condensate, and crude oil production in Mozambique and Gabon, IOL reported. The company’s natural gas output from Mozambique grew from 11. ...
OPEC Revenues to Fall 15% in 2016
OPEC’s 2016 oil export revenues will probably fall 15%, about $341b in 2016, compared to 2015 levels, based on projections of global oil prices and the group’s production levels, Reuters wrote. Oil revenue...
Tunisia Publishes All Oil Agreements Since 1960
Tunisian Minister of Energy and Mining, Mongi Marzouk, announced that the Tunisian Agency for Oil Activities officially began publishing documents of all oil agreements that were signed in the country since 1960, Zawy...
Egypt to Issue LNG Cargoes Tender
Egypt is set to issue a tender seeking 10 LNG cargoes to be delivered in July and August, according to LNG World News. Reuters has additionally reported that an official at the Egyptian Natural Gas Holding Company (EG...
El Molla Foresees Increase in Natural Gas Production
Egypt’s Oil Minister, Tarek El Molla, said that the country will increase its natural gas production to between 5.5 and 6bcf/d by the end of 2019, Reuters reported. Egypt currently produces 3.9bcf /d of natural ...
