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

Oil & Gas 360ยบ

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront.

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Energy Market Assessment: Restoringย upward mobility of the masses will have a profitable oil & gas drilling boom

Oil & Gas 360ยบ

(Oil & Gas 360) – Switching Back To An Employer-Driven Economy (From Ruler-Driven) Restoring Upward Mobility Of The Masses Will Have A Profitable Oil & Gas Drilling Boom. crude oil supply growth smaller than what it has been/ what is expected fuels our bullish oil outlook. mmbd four years ago (green line).

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Top 5 Blog Posts from 2019

Coolfire Core

2019 was a year of innovation and collaboration at Coolfire. Before we turn the page on the year, lets take a look back at our top 5 blog posts from 2019. If theres one rule in the oil and gas industry, its that companies must be ready for anything from price changes and politics, to bad weather and worn-out equipment.

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U.S. Oil And Gas Production Again on a Record Pace

Energy Central

oil production with an average daily production of 12.93 million barrels per day (BPD). million bpd set in 2019. Last year marked a record for U.S. That record was 5% greater than the previous record of 12.31 million bpd — 7.1% ahead of the production.

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U.S. On Pace to Set a New Oil Production Record This Year

Energy Central

oil production will again rise, and set a new annual production record.โ€ The previous annual record was set in 2019 at 12.3 million barrels per day (bpd), and by the end of 2022 monthly production was just about back to that level following the devasting Covid-19 impact on the industry in 2020.

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BP Signs Agreement for Kirkuk Oil Fields Development

Iraq Business News: Oil & Gas

BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. It also builds upon BP's previous work on the Kirkuk fields from 2013 to 2019. The company was originally part of the consortium that discovered oil in Kirkuk in the 1920s.

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Nigeria Oil Industry Overview

Drillers

The Oil Industry of Nigeria If anyone asks Chevron or Shell, for example, how they feel about Nigeria, the response would probably be that they were tired of problems, at least if they were honest. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration.

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