Oil & Gas 360º

MARCH 6, 2025

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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Oil Exploration and Production Field Offshore 130

Oil & Gas 360º

MARCH 10, 2025

In Angola, which has been an LNG producer since 2013, the NOC Sonangol is working with its New Gas Consortium partners Azule Energy, Cabinda Gulf Oil Company and TotalEnergies to increase LNG production capacity. 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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E&P Oil Exploration and Production Field 130

Aresco

OCTOBER 25, 2023

What is oil and gas upstream midstream downstream? Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas. This includes both onshore and offshore activities.

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Downstream Midstream Upstream Crude Oil 52

Oil Gas Leads

MARCH 10, 2025

Offshore drilling activity increased , with the rig count rising by one to 14. rig count is down by 30 rigs (-5%) , which includes declines of 18 oil rigs and 14 gas rigs. crude oil production will rise from a record 13.2 Crude oil production remains on track for record levels , even as rig counts fluctuate.

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Oil Engineering Engineer Gas 52

Valor

FEBRUARY 24, 2025

onshore wind farms and spinning off offshore wind assets. Read more 25% royalty rate cap on prime oil and gas land heads to the House Summary : The New Mexico Senate passed Senate Bill 23 in a 21-15 vote, advancing legislation to raise the maximum royalty rate on prime oil and gas land in the Permian Basin from 20% to 25%.

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Barrel Energy Energy Oil 52

Drillers

MARCH 24, 2020

Production grew fast, and today, Nigeria pumps close to 2 million BPD, which makes it the largest producer of crude oil in Africa. Nigeria joined OPEC in 1971 before it even had its own state oil company. The third-largest oil player in Nigeria also comes from the United States. on frontier and inland basin projects.

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Oil Royalty Exploration and Production Government 52

Rextag

FEBRUARY 24, 2025

Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gas basins , the leading companies , and market trends using the latest data and forecasts. 2025 Forecast Projected Crude Oil Output: 6.6 The Permian Basin remains the top destination for U.S.

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Basin Oil Gas Exploration and Production 40