Remove 2019 Remove Barrel Remove Exploration Well
article thumbnail

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

Oil & Gas 360ยบ

Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd). While major gas deposits were found in the Outeniqua Basin in 2019 and 2020, operational challenges have impacted development. Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P 130