2030 Exploration and Production Operator 
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. The technology is currently being evaluated by many blue-chip customers, with the benefits to the operator clear.
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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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.
Orient Energy Review
MARCH 22, 2023
Carbon credits are an important lever to optimize the affordability of our products. This partnership with ENGIE Energy Access and GEMS happens at a time when a number of global initiatives are exploring ways of strengthening the integrity of the voluntary carbon market, as well as its liquidity.
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?
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. Cash Flow from Operations 4Q 2024 : $7.43 billion Despite stronger operational cash flow quarter-on-quarter, the company reported a net loss of $2 billion (vs.
Oil Gas Leads
MARCH 13, 2025
natural gas production, particularly in the Haynesville Basin, as domestic gas prices surge. per million British thermal units (mmBtu), BP sees a lucrative opportunity to increase production. onshore shale operations, with 264,000 boepd being natural gas, primarily associated with crude oil output. million boepd by 2030.
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