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Production News

Egypt Chases Own Energy Sources as Government Struggle to Meet Demand
Egypt Chases Own Energy Sources as Government Struggle to Meet Demand Egypt >> 10/23/2016 - Egypt will boost production of natural gas to 5 billion cubic feet per day in the 2017-2018 fiscal year as the giant Zohr field comes online, but will still also ramp up gas imports to feed a spike in...
Libya Resumes Output at Key Waha Oil Field
Libya >> 10/18/2016 - Libya resumed production at the Waha oil field last week bringing overall production to 580,000 barrels per day. ...
Norway Sees Lower Production in September
Norway >> 10/18/2016 - Preliminary production figures for September 2016 show an average daily production of 1 591 000 barrels of oil, NGL and condensate, which is a decrease of 344 000 barrels per day (approx. 18 percent) ...
New Monthly Oil & Gas Total Production Record for Brazil
Brazil >> 10/17/2016 - Petrobras announced that total production of oil and natural gas in September was 2.88 million barrels of oil equivalent per day (boed), with 2.75 million boed produced in Brazil and 130,000 boed abro...
Nigeria Expects 22% Jump in Oil Output by End-December
Nigeria >> 10/17/2016 - OPEC member Nigeria expects its oil production rate to jump by 22 percent by the year-end to 2.2 million barrels per day (bpd) from current levels, its oil minister said, adding he hoped a force majeu...
Condor Commences Commercial Oil Production at Taskuduk Field
Kazakhstan >> 10/17/2016 - Condor Petroleum Inc. (CPI) is pleased to announce that commercial oil production has commenced at the Taskuduk oilfield in Kazakhstan.

The production from Taskuduk compliments the Sho...
Gachsaran Raises Output 40,000bpd
Iran >> 10/17/2016 - According to Managing Director of Gachsaran Oil & Gas Producing Company, crude oil output company's owned hydrocarbon reservoirs have increased by 40,000 barrels per day. ...
MOGPC Output Goes up 21%
Iran >> 10/15/2016 - According to Managing Director of Maroun Oil & Gas Producing Company, MOGPC’s total output has increased by 21% during the first half of the current calendar year which began on March 20. ...
Crude Oil Production in Oman Drops in September
Oman >> 10/15/2016 - Oman’s crude oil production marginally fell by 0.92 per cent in September to 30.1 million barrels, according to the monthly report issued by the Ministry of Oil and Gas. ...
Iran Joint Field Gas Extraction to Equal Qatars
Iran >> 10/14/2016 - The minister said that since phases 12, 15 and 16 and part of phases 17 and 18 are operational and the remaining part of phases 17, 18 and 19 (equal to two standard phases), as well as phases 20 and 2...
Onshore Plant Delivers Giant Kashagan Field’s Oil
Kazakhstan >> 10/14/2016 - Eni announces that the first batch of export crude oil has been shipped from the onshore processing plant of the giant Kashagan oil field. Following the successful pipelines replacement, the field has...
Kuwait Energy Starts Oil Output at Faihaa-2 Well in Basra
Kuwait >> 10/13/2016 - Kuwait Energy Plc said that it had started commercial oil production at the Faihaa-2 well in the Block 9 concession of Basra governorate in southern Iraq. ...
Rosneft Says No to Opec Ooil Freeze
Russia >> 10/11/2016 - Rosneft boss Igor Sechin said his company will not cut or freeze oil production as part of a possible agreement with Opec. ...
Rosneft & SOCAR Turkey Enerji AS Signed a Heads of Terms on Oil and Oil Products Supply
Russia >> 10/10/2016 - Rosneft and SOCAR Turkey Enerji AS signed at the World Energy Congress a Heads of Terms on oil and petroleum products supply. ...
Rosneft to Boost Positions in the Turkish Oil Products Market
Turkey >> 10/10/2016 - Rosneft, Petrocas Energy and Demiroren Group signed within the World Energy Congress Heads of Terms on cooperation and the supply of petroleum products to Turkish market. ...
Russia's Lukoil Makes Request to Boost Output at West Qurna-2 Oilfield
Iraq >> 10/10/2016 - A meeting between Minister of Oil of Iraq Jabar Ali Hussein al-Luaibi and President of LUKOIL Vagit Alekperov took place in Baghdad. ...
OPEC Officials Set for Flurry of Meetings to Nail down Algeria Deal
Algeria >> 10/7/2016 - OPEC officials are embarking on an unusual flurry of meetings in the next six weeks, OPEC sources said on Friday, to nail down details of their deal to cut production agreed last week in Algiers. ...
Venezuela Signs Strategic Agreements to Increase Oil and Gas Production
Venezuela >> 10/7/2016 - President of the Republic Nicolas Maduro signed a series of strategic agreements to bolster the nation’s oil and gas production during the National Council on Productive Economy held at Miraflores Pal...
PDVSA to Reactivate 931 Wells in Lake Maracaibo
Venezuela >> 10/5/2016 - Petroleos de Venezuela, S.A. (PDVSA) is moving forward with its strategic plans through two partnerships to develop major projects to replace flow and gas lines. They include the repair and connection...
Petrobras & Statoil Extend Partnership for Old Wells
Brazil >> 10/4/2016 - Petroleo Brasileiro SA and Norway's Statoil ASA are expanding an existing partnership to help the Brazilian state-controlled company arrest declining production at aging wells in the offshore Campos B...

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