production | Egypt Oil & Gas - Part 78
India to Deregulate Locally Produced Gas Prices
India will deregulate gas prices for locally extracted natural gas and allow producers marketing autonomy during auctions for new exploration blocks, Bloomberg reports. A notice on the Indian Oil Ministry’s website de...
Egypt’s Gas Production declines to 4.15 bcf/d
According to EGAS’s annual report the daily production rate of natural gas declined to 4.15 bcf, in comparison to 4.25 bcf last month, Daily News Egypt reported. Egypt’s gas production rate declines naturally by...
Iraq in $30 a Barrel Price War as Investments Stagnate
Iraq may increase oil output further in 2016, reported Reuters, as the country prepares to sell some crude grades for as little as $30 a barrel. The International Energy Agency (IEA) calculates that Iraq is the world&...
Egyptian Gas Production Increases to 4.3 bcm/d
The Egyptian Natural Gas Holding Company (EGAS) reports that Egyptian natural gas production has increased to 4.3 bcm/d , up 50 mscfd from the previous month. Egypt Daily News reports that the increase is the result o...
BAPETCO Achieves Highest Production Record in 15 Years
Badr El-Din Petroleum Company (BAPETCO) achieved its highest rates of oil and gas production in 15 years, reported Daily News Egypt. Emad Hamdy, Chairman of BAPETCO, said that the company increased the production of n...
BP Agrees on Speedier Development of Atoll
BP announced in a press release that it has signed a Heads of Agreement (HoA) with the Egyptian Minister of Petroleum, Tarek El Molla, regarding the acceleration of the development of the recent Atoll gas discovery. D...
GUPCO Updates its Infrastructure in July Field
An official source with GUPCO told Egypt Oil & Gas that the company had completed the restoration of the J-15 marine production platform in the July field, Gulf of Suez. Repairs covered the infrastructure, and the...
GPC to Boost Production by 5,000 b/d
Ahmed Jiddawi, Chairman of the General Petroleum Company (GPC) production department, said that his company has devised a new production plan meant to up production to approximately 5000 b/d of crude oil. This was aft... 
