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

Oil & Gas 360ยบ

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront.

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NIGERIA: Savannah Energy Completes Acquisition of SIPEC

Oil News Africa

Savannah Energy announces the completion of the acquisition of 100% of Sinopec International Petroleum Exploration and Production Company Nigeria Limited SIPEC, following a signing ceremony held in Lagos earlier this … Read More The post NIGERIA: Savannah Energy Completes Acquisition of SIPEC appeared first on oilnewsafrica.

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McDermott Completes EPCIC at Shellโ€™s Whale Development Project, to Begin Oil Production

Egypt Oil & Gas

McDermott has completed the engineering, procurement, construction, installation, and commissioning (EPCIC) activities in the Gulf of Mexico to begin oil production at Shell’s Whale development. “Our relationship with Shell is one marked by trust, a focus on operational excellence, and solution-oriented project delivery.

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IDC Begins 18-Well Project at East Baghdad Field South

Iraq Business News: Oil & Gas

According to an Oil Ministry statement, technical and engineering teams continue to work efficiently to achieve high completion rates, in line with Ministry of Oil directives to expand production and strengthen infrastructure in Iraq's oil fields.

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Equinor Completes Nigeria Exit

Rigzone: News

Equinor completed the sale of all its Nigerian assets, including a 20.21 percent stake in the Agbami oil field, to an African company for up to $1.2

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Agiba Develops Iris Field in Record Time Producing 8,500 boe/d

Egypt Oil & Gas

Agiba Petroleum, together with its shareholders, has successfully completed the fast-track development of the Iris Field, a major hydrocarbon asset in the Egyptian Western Desert. The discovery made in the Masajid Formation, a Late Cretaceous carbonate reservoir, marks a significant milestone in Agibas near-field exploration strategy.

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IDC Completes Three Wells in Zubair Oilfield

Iraq Business News: Oil & Gas

The Iraqi Drilling Company (IDC) has successfully drilled and rehabilitated three oil wells in the Zubair oilfield , as part of its commitment to field development and national production enhancement. Source: Ministry of Oil) The post IDC Completes Three Wells in Zubair Oilfield first appeared on Iraq Business News.