Remove 2019 Remove Barrel Remove Petroleum
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). The Tanzania Petroleum Development Corporation is developing the Tanzania LNG project, working with Shell and Equinor to monetize resources in Blocks 1, 2 and 4.

E&P 130
article thumbnail

Nigeria Oil Industry Overview

Drillers

That was formed in 1977 under the name National Nigeria Petroleum Company. 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. million BPD as of November 2019. The second measure is linked to oil prices.

Oil 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. million barrels of oil and gas per day. Due to the sharp increase in oil and gas production, the U.S. Given the current state of the U.S.

Oil 40
article thumbnail

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. million barrels of oil and gas per day. Due to the sharp increase in oil and gas production, the U.S. Given the current state of the U.S.

Oil 40
article thumbnail

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. million barrels of oil and gas per day. Due to the sharp increase in oil and gas production, the U.S. Given the current state of the U.S.

Oil 40