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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360ยบ

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd).

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BP Signs Agreement for Kirkuk Oil Fields Development

Iraq Business News: Oil & Gas

The agreement, signed in Baghdad on Tuesday under the patronage of Prime Minister Mohammed Shia Al-Sudani, encompasses oil, gas, power and water development, with potential for future exploration investment. It also builds upon BP's previous work on the Kirkuk fields from 2013 to 2019.

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U.S. House of Representatives Passes Energy Bill

The Energy Law

Title I addresses the existing moratoria, future OCS access, exploration, production and royalty questions. House of Representatives passed Speaker Pelosiโ€™s Energy Bill, H.R. 6899, titled โ€œComprehensive American Energy Security and Consumer Protection Act.โ€

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