Oil Review Middle East

MARCH 11, 2025

This breakthrough technology, which manipulates the resident down-hole ecology, offers operators an easy-to-deploy advanced tertiary oil recovery resulting in increased production and the lowering of lifting costs. Over 340 successful applications onshore and offshore have been reported, with an overall success rate of 94%.

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Exploration and Production Field Oil Operator 40

Oil Review Middle East

MARCH 10, 2025

Rystad forecasts QatarEnergy will invest between US$14-15bn per year over the next few years as it continues to invest heavily in the North Field gas field and expanding LNG capacity, while ADNOCs expenditure, which reached US$5.7bn last year, is forecast to increase given its target of 5mn bpd production capacity by 2027.

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Exploration and Production Field Upstream Gas 40

Rextag

MARCH 3, 2025

BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. To optimize profits, the company will focus on significant oil and gas projects, production expansion, and strategic asset divestments. million barrels per day by 2030.

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Oil Gas Energy Energy 40

Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration. How did this happen? Exxon comes next: the U.S.

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Oil Royalty Exploration and Production Government 52

Rextag

FEBRUARY 13, 2025

By targeting a 40% cut in oil-and-gas output by 2030 relative to 2019 levels, he repositioned BP as a leader in renewables, wind, solar, and electric vehicle (EV) charging. Signed an MOU with the Iraqi government, exploring redevelopment in the Kirkuk oilfields, estimated at around 9 billion barrels of recoverable oil.

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Oil Gas Exploration and Production IT 40

Rextag

JANUARY 6, 2025

shale oil production surged to 10 million barrels daily , reinforcing Americas role as a cornerstone of global energy stability. OPEC+ Production Cuts: OPEC+'s decision to extend production cuts into 2025 aimed to stabilize markets but drew skepticism. Record U.S. Shale Output: U.S. LNG Export Dominance: U.S. renewable projects.

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Offshore Oil Exploration and Production Energy 40

Enverus

FEBRUARY 20, 2025

Figure 1 highlights various fuel types and their production pathways to triangulate corresponding revenue impacts. When used as a feedstock for blue hydrogen, landfill RNG delivers an 86% net incremental uplift to RD returns implying that fully committing this fuel would require 144% of projected 2030 landfill gas volumes to meet RD demand.

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Natural Gas Exploration and Production Offshore Energy 130