Sudan Has Restarted Oil Production from Heglig

• Wednesday, 2nd May 2012
• by Egypt Oil & Gas

Sudan has restarted oil production from the Heglig oil field, Sudan’s government spokesman Rabie Abdelaty said Wednesday. The Heglig oil field, which has a production capacity of 60,000 barrels a day of oil, or ...

Ukraine to increase oil production through development of shelf and fields in Egypt

• Wednesday, 11th April 2012
• by Egypt Oil & Gas

Ukraine is planning to increase its own oil production, first and foremost, through the development of the Subotynske oil field on the Ukrainian shelf of the Black Sea and oil fields in Egypt, where Naftogaz of Ukrain...

Kuwait eyes 4 mln bpd oil production by 2020

• Tuesday, 10th April 2012
• by Egypt Oil & Gas

Kuwait is looking to increase oil production to 4 million bpd by 2020 and maintain it through 2030. Farouk Al Zanki, CEO of Kuwait Petroleum Corporation (KPC), said this in the opening session of Gulf Petroleum Confer...

Petrodara Increases Production in Eastern Desert

• Wednesday, 28th March 2012
• by Egypt Oil & Gas

Oil company Petrodara’s production of crude oil increased significantly, revealed the company-specific analytical report compiled by Egypt Oil & Gas. Production indicators for crude oil rose consistently, re...

Apache Reports Record Quarterly Production of 752,000 Boe/d

• Saturday, 5th November 2011
• by Egypt Oil & Gas

Apache Corporation reported production of 752,000 barrels of oil equivalent (boe) per day and earnings of $983 million, or $2.50 per diluted share, for the three-month period ending Sept. 30, 2011. These compare with ...

BG Group profits more than double on high gas prices

• Tuesday, 26th July 2011
• by Egypt Oil & Gas

BG, one of the UK’s three largest gas producers, profits more than doubled in the second quarter due to high natural gas prices and increased production. Profits before tax rose to $2.25bn (£1.38bn), up from $86...