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Other Stories of Interest: Mon, Mar 10, 2025

Marcellus Drilling News

MARCELLUS/UTICA REGION: Enbridge to invest CAD 100 million in T15 project in NC; NATIONAL: Payroll in USA oil and gas totals $168 billion in 2024; States dangle incentives and loosen laws to attract power plants; EPA says spending items greater than $50,000 must get approval from DOGE; ADNOC seeks to buy first gas fields in.

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IEW 2025 Days III & IV: India's quest for a gas economy

Oilholics Synonymous Report

Over the course of Thursday and Friday - days III & IV - of India Energy Week 2025 that put us on the home stretch of the global event, conversations turned more meaningfully towards the Indian government's assertion of placing a 'gas economy' at the heart of its march to net zero by 2070. Photo I: India Energy Week 2025.

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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

The Libyan government has officially launched the 2025 bid round for oil exploration, a long-anticipated move that marks a significant milestone in the countrys efforts to revitalize its energy industry. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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Egypt, Global Energy Leaders Hold Talks on Field Development, Production, Investments at CERAWeek 2025

Egypt Oil & Gas

On the sidelines of CERAWeek 2025, Minister of Petroleum and Mineral Resources Karim Badawi held meetings with CEOs of international companies to discuss production and investments. The post Egypt, Global Energy Leaders Hold Talks on Field Development, Production, Investments at CERAWeek 2025 first appeared on Egypt Oil & Gas.

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

Oil & Gas 360º

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. Algerias Sonatrach will increase hydrocarbon production by 2.5%

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Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million

Oil & Gas 360º

The gross purchase price is $125 million, subject to customary closing adjustments, and includes an initial approximate $100 million payment upon delivery by the end of first quarter 2025. The remaining balance will be due when certain contractual obligations are met, which is expected by the end of second quarter 2025.

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Badawi Engages with Chevron, KNOC Leaders at CERAWeek 2025

Egypt Oil & Gas

These meetings took place on the sidelines of the CERAWeek 2025 Global Energy Week held in Houston. For his part, Neff expressed his deep appreciation for the efforts of the Ministry of Petroleum and Mineral Resources (MoPMR) in fostering a positive investment climate in developing the East Mediterranean gas fields.