Oil News Africa

FEBRUARY 17, 2025

Equatorial Guinea is taking decisive steps to revitalize its upstream sector, with plans to launch a new licensing round in 2025 aimed at increasing exploration and production. With the global … Read More The post Equatorial Guinea Set to Boost Exploration by Attracting New Investors in 2025 appeared first on oilnewsafrica.

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Oil & Gas Journal

MARCH 13, 2025

Production is expected to begin by the end of second-quarter 2025, with an expected 3-4 months ramp up period to peak production.

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Iraq Business News: Oil & Gas

FEBRUARY 25, 2025

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 will enable us to bring our experience of managing giant fields to realise the potential of this important asset for Iraq, working alongside and in close partnership with NOC and NGC.

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Rigzone: News

JANUARY 19, 2025

CNOOC expects the field to reach 38 million cubic feet a day in peak production this year.

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Egypt Oil & Gas

MARCH 12, 2025

On the sidelines of his participation in the CERAWeek 2025 conference, in Houston, Karim Badawi, the Minister of Petroleum and Mineral Resources, held several meetings to boost cooperation and partnerships with international entities. The meeting further discussed leveraging Halliburton’s expertise in developing brownfields.

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Daily Energy Report

MARCH 12, 2025

March 12, 2025 Chart of the Day EOA: OPEC+ Crude Production Increased in February but is Expected to Decrease in March Summary OPEC crude oil production increased by 151 kb/d in February MoM, per OPEC's Monthly Oil Report released earlier today. Total OPEC+ crude production rose by 363 kb/d MoM to 41.011 mb/d.

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Egypt Oil & Gas

MARCH 11, 2025

On the sidelines of his participation in CERAWeek 2025, held from March 10-14, 2025, in the USA, Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with Director General for Economic Policy in the German Federal Ministry for Economic Affairs and Energy and Ministry Coordinator for Sustainable Development.

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Egypt Oil & Gas

MARCH 6, 2025

billion during the first six months of 2025, in addition to accelerating new exploration operations that achieved important results for new discoveries in the Western Mediterranean region and the King Mariout region. He noted that these incentives led to saving part of the import bill by $1.5

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Egypt Oil & Gas

MARCH 13, 2025

As part of his participation in CERAWeek 2025, Karim Badawi, Minister of Petroleum and Mineral Resources, held a meeting with Steven Kobos, CEO of Excelerate Energy, to explore cooperation in technology and expertise transfer in the field of liquefied natural gas (LNG).

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Enverus

MARCH 12, 2025

The CHIPS and Science Act is creating an equal playing field in terms of production costs, Kang said. Historically, semiconductors have been primarily imported from Taiwan, but we expect to see a growing level of domestic production through to 2050 as demand for AI and data center infrastructure grows.

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Egypt Oil & Gas

MARCH 12, 2025

The successful development and increase in gas production at the Raven field in the Mediterranean Sea, also in partnership with bp, were also reviewed. The meeting addressed the company’s interest in increasing its investments in Egypt, in line with the strategy of the Egyptian Ministry of Petroleum and Mineral Resources.

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Energy Central

OCTOBER 14, 2024

Shearwater Geoservices has recently secured a significant contract from TotalEnergies to conduct an ocean bottom node (OBN) survey in Angola’s Block 32, specifically covering the Louro and Mostarda fields. The project is set to commence in January 2025 and will last for approximately two and a half months.

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Iraq Business News: Oil & Gas

MARCH 10, 2025

Mansouriya , Akkas , and Faihaa [Block 9] field developments. The meeting assessed progress on government program projects, with an update on execution rates as of February 2025. Artawi [Ratawi] gas complex (Phase II). FCC fluid catalytic cracking unit project. Fifth and sixth licensing rounds.

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Egypt Oil & Gas

MARCH 9, 2025

The efforts of the Ministry of Petroleum and Mineral Resources in the fields of exploration and field development were widely praised by all participants, with many attendees commending the intensive activities in the petroleum sector in recent months.

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Iraq Business News: Oil & Gas

MARCH 7, 2025

The placement represents a 45% discount to the closing price on 5 March 2025. The Placing price represents a 45% discount to the closing price on 5 March 2025. Irish-based Petrel Resources Plc (LON: PET) has raised 250,000 through a share placement managed by Novum Securities. of the Company's issued shares, as enlarged by the Placing.

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Oil Review Middle East

MARCH 10, 2025

As 2025 progresses, we are eager to build on our strong footing in Qatar and continue to work with our clients to provide the best-in-class provisions. The Al Shaheen oilfield is a production field off the north-east coast of Qatar, 80 km north of the capital, Doha.

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Iraq Business News: Oil & Gas

FEBRUARY 7, 2025

The instruction on Wednesday follows Baghdad's approval of a budget amendment to appoint an international technical advisory firm to assess fair production and transportation costs for oil fields in the Kurdistan Region individually.

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Oil Review Middle East

MARCH 10, 2025

The Marjan and Berri increments are expected to be onstream in 2025, with the Zuluf field increment scheduled to follow in 2026 and the second phase of Dammam in 2027. Phase One of its Jafurah unconventional gas field development remains on schedule for 2025, with contracts awarded for Phase Two.

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The Energy Law

JUNE 22, 2023

still has no Jones Act compliant Feeder Support Vessels (“FSVs”) or Field Development Vessels (“FDVs”). The substation’s maiden voyage marks a major milestone in the development of Jones Act compliant offshore wind vessels necessary to bring the large amount of federal utility-scale projects in the pipeline to fruition. To date, the U.S.

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Rextag

DECEMBER 18, 2024

With techniques like CO injection and steam flooding , EOR extended the life of aging fields by decades. Boosting Recovery: EOR methods increased recovery rates by up to 60%, reviving fields that had been written off. As we move into 2025, we must ask: what lessons can we learn from this transformative era?

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Rextag

DECEMBER 23, 2024

Shell plans to invest $5 billion in the Bonga North project, a deepwater field off the Nigerian coast, which aligns with President Bola Tinubu's goal of attracting foreign capital. As we step into 2025, key trends to follow include: Continued consolidation among major players as companies position themselves for long-term growth.

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Energy Transfer

SEPTEMBER 4, 2024

Warren gifted UT-Arlington $12 million “to help elevate UTA to the forefront of the growing resource and energy engineering (REE) field,” the university said in a news release. In 2023, Warren made the largest single donation to his alma mater, the University of Texas-Arlington in the college’s history.

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Rextag

FEBRUARY 24, 2025

Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? In 2024, Ecopetrol invested $880 million into drilling new wells, with 91 wells planned for completion in 2025. 2025 Forecast Projected Crude Oil Output: 6.6 What are the key companies doing to stay competitive?

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Oil & Gas 360º

MARCH 10, 2025

(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. The transaction is expected to close before May 30, 2025. Detailed 2025 guidance will be provided on close of the transaction.

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The Energy Law

NOVEMBER 28, 2022

Since then, BOEM has created three national CCS Environmental Studies Programs covering the regions it regulates (the Atlantic, Gulf of Mexico, Pacific, and Alaska), all slated for performance in 2023-2025. total CO 2 emissions.

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AWS: Energy (Oil & Gas)

NOVEMBER 18, 2024

Approximately 4,500 SRTs and 100 Gateways serving over 900 apartments have been deployed in the field. The goal is to reach almost 50x scaling in the coming winter, with the potential of reaching up to 1 million SRTs by the end of 2025. The projected scalability was taken into account when designing the solution from the beginning.

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Enverus

MARCH 12, 2025

ERCOT Far West and PJM Dominion zones are expected to experience the highest increase in load growth through 2035, driven by oil field electrification and data center expansion, respectively. Baseload growth in ERCOT is particularly noteworthy, reflecting rapid population growth and a strong industrial base.

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Valor

FEBRUARY 3, 2025

February 3, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. The ruling affects the Sea Lion field, potentially delaying the project led by Harbour Energy, which aims to unlock substantial oil reserves. The post Valor | Energy Connection Feb.

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Oil & Gas 360º

MARCH 10, 2025

Refining profit margins have fallen, weighing heavily on oil company results in 2024 and are expected to do so again in 2025. ” Rising costs in aging shale fields are also a challenge. Producers, on average, are expected to grow 2025 output by 1% with capital expenditure set to fall 4%, according to Morgan Stanleys research.

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Energy Central

SEPTEMBER 3, 2024

By Dr. Michael Shank and US Congressman Raul Grijalva Project 2025, the blueprint for former President Donald Trump and Republicans’ rightwing takeover of the U.S.

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