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

Oil & Gas 360ยบ

In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.

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ONEOKโ€™s Expanding Footprint in the Permian Basin

Oil Gas Leads

The pipeline expansion will be completed in 2025 , ensuring ample capacity for long-term growth. Natural Gas Processing Capacity Growth ONEOK is relocating a 150 MMcf/d natural gas processing plant from North Texas to the Permian Basin. This move supports the companys growing gas gathering and processing footprint.

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

Oil Gas Leads

Enterprise executives highlighted that Permian growth is exceeding prior forecasts , and the company is already preparing to update its projections in Q2 2025. Jim Teague, Co-CEO: “Rich natural gas production, just sticking to the Permian, continues to exceed our expectations.

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BP Signs Agreement for Kirkuk Oil Fields Development

Iraq Business News: Oil & Gas

Under the terms of the agreement, BP's work will include a drilling programme, rehabilitation of existing wells and facilities, and construction of new infrastructure, including gas expansion projects. The project is expected to commence in 2025 and meets BP's investment returns criteria.

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