1. Apache Looks To Egypt Growth Following Contract Modernization

    ...5,000 b/d for 2022 and average growth of 8-10%/year out to 2025, hitting 190,000 b/d by the latter date. This would still be below output every year for 2011-2019, however, whilst for gas the news is less good with output merely “expected to remain relatively stable at 550-600mn cfd.” Stable that is with th...

    Volume: 65
    Issue: 01
    Published at Fri, 07 Jan 2022
  2. Libya’s Harouge Hits 44,000 B/D In 2021, Eyes More

    ...start of the Naga field. Harouge, which is a 49:51 JV between Canada’s Suncor and Libya’s NOC, had an output capacity of almost 100,000 b/d before the 2011 revolution. But gross output levels have languished well below a third of this for much of the past decade due to a lack of maintenance, damage to fa...

    Volume: 65
    Issue: 01
    Published at Fri, 07 Jan 2022