Production News

Libya's Waha Oil Begins Output at Two Fields
Libya's Waha Oil Begins Output at Two Fields Libya >> 11/28/2011 - Libya's Waha Oil, a joint venture with U.S. firms ConocoPhillips, Marathon and Amerada Hess, has begun crude oil prodution at the Dahra and Samah fields at a rate of 16,000 barrels per day, the Nation...
Gazprom & Yakutia to Create Gas Production Center
Russia >> 11/28/2011 - The Gazprom headquarters hosted a joint meeting of the working group of Gazprom and the Republic of Sakha (Yakutia) Government. The meeting was moderated by Viktor Timoshilov, Head of the East-Oriente...
Iraq Clinches $17 Bln Flared Gas Deal with Shell
Iraq >> 11/27/2011 - Iraq signed a final $17 billion deal with Royal Dutch Shell and Mitsubishi to capture flared gas at southern oilfields, a project that should boost production of badly needed electricity. The 25-year ...
Iraq Crude Production Hits 2.95 Mln Bpd
Iraq >> 11/27/2011 - Iraq's crude production has reached 2.95 million barrels per day and is expected to hit 3 million by the end of the year, Oil Minister Abdul-Kareem Luaibi said. Exports have averaged 2.185 million bpd...
Cameroon Eyes 50 Pct Hike in Oil Output in 2012
Cameroon >> 11/27/2011 - Cameroon could produce some 36.5 million barrels of oil next year, the equivalent of 100,000 barrels a day and over 50 percent up on the "conservative" estimate of the central African state's 2012 bud...
Syria Produces 2.4% Less Crude Oil in 2011 Starting
Syria >> 11/23/2011 - Syria, which is trying to halt a decline in its oil production amid a wave of deadly unrest and sanctions, pumped 2.4 percent less crude in the first nine months of this year compared with the same pe...
IGTC Capable to Deliver 750 mcm of Gas per Day
IGTC Capable to Deliver 750 mcm of Gas per Day Iran >> 11/23/2011 - Expressing satisfaction with the operations of the transmission network, Almasi told Shana reporter on Monday that all the gas facilities including gas compressors and gas pipeline network are ready t...
Total Inaugurates Pazflor Deepwater Development
Total Inaugurates Pazflor Deepwater Development Angola >> 11/22/2011 - The giant Pazflor development, which lies 150 kilometres offshore Luanda in Angola, was inaugurated at a ceremony attended by Jose Botelho de Vasconcelos, Angola's Minister of Petroleum, Manuel Vicent...
Start Production of Bouri Field
Libya >> 11/22/2011 - Mellita oil and gas Company announces on Tuesday, November 22, the start operation of the offshore Bouri field, at production rate of 10 thousand barrels from the platform No. 4 (DP4) and the product...
Saudi Aramco Says Won’t Raise Oil Output Until 2015
Saudi Arabia >> 11/21/2011 - Saudi Arabian Oil Co., or Saudi Aramco as the state-run company is known, won’t raise crude production capacity until at least after the Manifa field begins pumping, Chief Executive Officer Khalid Al-...
Aramco has no Plan to Raise Capacity to 15 Mln bpd
Saudi Arabia >> 11/21/2011 - Saudi Aramco has no current plans to increase its oil production capacity to 15 million barrels per day (bpd), its chief executive said. ...
Pakistan Officially Asks More Natural Gas from Iran
Iran >> 11/20/2011 - Pakistan officially demands more natural gas from Iran, managing director of the National Iranian Gas Company (NIGC), Javad Owji announced. ...
Tethys Petroleum Signed MOU with Uzbekneftegaz
Uzbekistan >> 11/18/2011 - Tethys Petroleum Limited has signed a Memorandum of Understanding ("MOU") with the Uzbek State oil and gas company, National Holding Company "Uzbekneftegaz" ("UNG") establishing a programme for Tethys...
China's Iraqi Oil Lifting Seen up 50 Pct in 2012
Iraq >> 11/18/2011 - China is likely to lift a total of up to 500,000 barrels per day of crude oil next year from Iraq, the fastest-growing oil producer in the Middle East, a volume nearly 50 percent more than this year, ...
Iran Self-Sufficient in Petrol Production
Iran >> 11/18/2011 - The director of the National Iranian Oil Refining and Distribution Company has announced that Irans gasoline production has approximated its consumption, rendering Iran independent of foreign imports....
Iraq Aims to Up Rumaila Oilfield Output by 10 Percent
Iraq >> 11/17/2011 - Iraq is planning to increase production by around 10 percent or about 130,000 barrels per day (bpd) at the giant Rumaila oilfield in 2012, its general manager told a London conference. Production is c...
First Oil at Aseng Increases PA Resources Production
Equatorial Guinea >> 11/15/2011 - Production of oil has commenced on the Aseng Field in Block I in Equatorial Guinea. The field will contribute approximately 3,000 barrels of oil per day net to PA Resources. The Aseng project was deli...
Blocks 3&4 Production Increase Averaging to 6,989 Bopd
Oman >> 11/14/2011 - Test production from the Early Production System (EPS) on Blocks 3 and 4 onshore the Sultanate of Oman continues and amounted in October to 216,646 barrels of oil, corresponding to 6,989 barrels of oi...
Iraqi Kurd Oil Exports Seen at 175,000 Bpd in 2012
Iraq >> 11/13/2011 - Iraq's semi-autonomous northern Kurdish region has agreed with the central government to boost the region's crude oil exports to 175,000 barrels per day next year, Kurdish Prime Minister Barham Salih ...
Kuwait Daily Crude Output Exceeds 3 mln bpd
Kuwait >> 11/13/2011 - Kuwait's daily output of oil has exceeded three million barrels per day (bpd), announced the Minister of Oil Dr. Mohammad Al-Busairi. The production of crude oil reached 3.67 million barrels per day o...

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