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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). The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026.

E&P 130
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Nigeria Oil Industry Overview

Drillers

billion barrels of proven oil reserves as well as 5.675 trillion cubic metres of natural gas, which explains why the supermajors are not too tired of their problems in Nigeria. Chevron has stakes in both onshore and offshore fields through a JV with NNPC that has the same percentage distribution as Exxon’s.

Oil 52
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Software Is the Missing Piece to Oil & Gas Digital Transformation

Coolfire Core

While the price-per-barrel of oil has recovered since the staggering lows of 2016, its down again from earlier 2019 highs, and may not reach $100/barrel any time soon. At every level, companies must have accurate insight into their operations in order to make proactive and cost-effective decisions.

Oil 52
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Profits or Planet? BPโ€™s โ€˜New Beginningโ€™: The Shift from Low Carbon to Core Oil and Gas and Q4 2024 Results

Rextag

By targeting a 40% cut in oil-and-gas output by 2030 relative to 2019 levels, he repositioned BP as a leader in renewables, wind, solar, and electric vehicle (EV) charging. Signed an MOU with the Iraqi government, exploring redevelopment in the Kirkuk oilfields, estimated at around 9 billion barrels of recoverable oil.

Oil 40
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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

became โ€œenergy independentโ€ and a net exporter of petroleum products in 2019. on an irreversible path to achieve a โ€œ100% clean energy economy,โ€ with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050. s energy sector.

Oil 40
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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

became โ€œenergy independentโ€ and a net exporter of petroleum products in 2019. on an irreversible path to achieve a โ€œ100% clean energy economy,โ€ with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050. s energy sector.

Oil 40
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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

became โ€œenergy independentโ€ and a net exporter of petroleum products in 2019. on an irreversible path to achieve a โ€œ100% clean energy economy,โ€ with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050. s energy sector.

Oil 40