Production News
| Egypt >> 8/10/2011 - Dana Gas has announced its financial results for quarter ended 30th June 2011, with a Net Profit after tax of AED 124 million, a 276% increase compared to the second quarter of 2010. Production increa... |
| Saudi Arabia >> 8/9/2011 - Saudi Aramco, the world's largest oil company, will supply full contractual volumes of crude oil in September to at least two Asian term buyers, steady from August, industry sources familiar with the ... |
| Iran >> 8/6/2011 - Six wells of the South Pars gas field phase 10 will come on stream this week by installing their wellhead equipments leading to increasing gas production from the field by 17 million cubic meters per ... |
| Iraq >> 8/3/2011 - Iraq's oil exports from its southern ports jumped last month to a six-month high, according to export data tracked by Reuters, reflecting efforts by foreign oil companies to boost production. Exports ... |
| Iran >> 8/1/2011 - By the end of the first four months of the current Iranian calendar year, Azadegan's crude output has exceeded 6.4 million barrels, announced managing director of Karoun Oil & Gas Producing Company (K... |
| Iraq >> 8/1/2011 - Occidental Petroleum Corp and South Korea's KOGAS have received their first cargo of crude oil as payment for helping to develop Iraq's Zubair oilfield, shipping sources told Reuters. A vessel left on... |
| Saudi Arabia >> 7/26/2011 - Top exporter Saudi Arabia has struck deals to sell 3 million barrels more oil to India in August, stepping into the vacuum created by regional rival Iran after it cut supply to New Delhi. The sale cou... |
| Saudi Arabia >> 7/26/2011 - A new chapter has opened in the company’s history of managing and executing mega-projects, with the start-up of the Karan offshore gas field. The first gas from Karan — the company’s first offshore no... |
| Iran >> 7/25/2011 - Balaroud early production project has made 88% headway up to now, announced project's supervisor. According to Mohammad Hossein Rezvani, executive scope of this project includes: repairing well no1, d... |
| Iraq >> 7/23/2011 - Iraq started production of 60,000 barrels a day at the al-Ahdab oil field in al-Wasit province, Mahdy al-Zubaidy, the governor of the province, said. The field’s output will increase to 120,000 barrel... |
| Congo, Democratic Republic (Zaire) >> 7/20/2011 - The Democratic Republic of Congo is in talks with Petroleo Brasileiro SA and Chevron Corp. about investing in the country’s budding hydrocarbons industry, Oil Minister Celestin Mbuyu said. The Central... |
| United Arab Emirates >> 7/20/2011 - Abu Dhabi National Oil Company will nearly double its crude sales to China National Petroleum Company (CNPC) under a 20-year agreement it signed last week, and also aims to supply the Singapore unit o... |
| United Arab Emirates >> 7/18/2011 - The United Arab Emirates (UAE) expects to produce around 2.5 million barrels per day (bpd) in July, down from a high for the year so far of 2.6 million bpd in June, a Gulf oil industry source told Reu... |
| Iraq >> 7/12/2011 - DNO International ASA reports a more than doubling of reserves for the Tawke oil field in the Kurdistan region of Iraq following a review and assessment by a firm of independent reservoir engineers. T... |
| Saudi Arabia >> 7/12/2011 - A fragile global economy is likely to suppress oil demand growth to 1.32 million barrels per day (bpd) in 2012, lower than this year, the Organization of the Petroleum Exporting Countries said in its ... |
| Tanzania >> 7/11/2011 - Orca Exploration Group Inc. announces that it has signed an agreement with Songas Limited to increase the capacity of the Songo Songo gas field processing plant from 90 MMcfd to a potential of 110 MMc... |
| Iran >> 7/11/2011 - By completion of drilling operations and installation of wellhead equipments of the third well at Hengam oilfield, oil production from the field will rise by five thousand barrels per day, managing di... |
| Iraq >> 7/10/2011 - Iraqi Prime Minister Nouri al-Maliki expressed his country's readiness to supply Europe with gas and oil during the coming years. Al-Maliki expressed, during a meeting with Ambassador of the European ... |
| Kuwait >> 7/5/2011 - Kuwait Oil Company (KOC) brushed aside press reports that it was unable to meet production capacity from the Lower Fares reservoir, in line with the company's strategy. KOC affirms commitment to imple... |
| Tunisia >> 7/4/2011 - Chinook Energy Inc announced it has completed the initial 30 day production period for the three appraisal wells on its 297 mmbbl DPIIP (as evaluated by independent reservoir evaluators) Ordovician oi... |
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