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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.

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ONEOKโ€™s Expanding Footprint in the Permian Basin

Oil Gas Leads

oil and gas production, and ONEOK Inc. During its Q4 2024 earnings call , ONEOK outlined significant infrastructure expansions, acquisitions, and future growth opportunities in the Permian. This move supports the companys growing gas gathering and processing footprint. Bcf/d in 2025.

Basin 52
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BP Signs Agreement for Kirkuk Oil Fields Development

Iraq Business News: Oil & Gas

The initial phase includes oil and gas production exceeding three billion barrels of oil equivalent, while the wider resource opportunity across the contract area is believed to include up to 20 billion barrels of oil equivalent. We thank the Government of Iraq for the trust and privilege to deepen our cooperation in-country. "

Field 40
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Permian Growth and Midstream Investment: Enterprise Products Partnersโ€™ Expansion Strategy

Oil Gas Leads

Jim Teague, Co-CEO: “Rich natural gas production, just sticking to the Permian, continues to exceed our expectations. ” The increase in natural gas liquids (NGLs) and associated gas production is driving demand for more processing plants, fractionation capacity, and export infrastructure.