oil

Waha Oil Company has announced that its oil production has reached approximately 356,000 barrels per day, marking the highest level since 2010.

The company recorded a daily production of 355,850 barrels of crude oil, according to a statement by the National Oil Corporation (NOC). This achievement reflects the company's best output in over a decade.

The NOC also reported an overall increase in production rates, with crude oil and condensates reaching 1,391,407 barrels and gas production amounting to 194,914 barrels of oil equivalent.

Waha Oil Company manages five major oil fields, including the Waha field, which produces over 100,000 barrels daily, as well as the Jalu, Al-Farigh, Al-Samah, and Dahra fields. The company exports its production through the Sidra Oil Terminal.

Economy