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

Oil & Gas 360ยบ

These efforts reflect a broader trend across the continent, where NOCs are leaning on foreign partnerships to advance oil and gas production. 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 agreement follows a memorandum of understanding signed in July 2024 , with technical terms agreed in December and most commercial terms finalised in January. We thank the Government of Iraq for the trust and privilege to deepen our cooperation in-country. " It also builds upon BP's previous work on the Kirkuk fields from 2013 to 2019.

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

Oil Gas Leads

oil and gas production. With rising natural gas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. Jim Teague, Co-CEO: “Rich natural gas production, just sticking to the Permian, continues to exceed our expectations. So it’s cost-plus.