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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360ยบ

Last month, Mellitah Oil and Gas Company successfully resumed gas production at Well CC18 in the Bahr Essalam field, reinforcing Libyas ability to meet both domestic and export demands. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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Liskow Obtains Victory for the Oil and Gas Industry in the Louisiana Third Circuit

The Energy Law

In a victory for the oil and gas industry, the Third Circuit rendered a decision rejecting attempts by the Louisiana Department of Revenue to impose severance taxes on crude oil production based on index pricing. Communications include firm news, insights, and events. The decision can be found here.

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Technologies Increases Inventory and Logistical Capabilities Amid the 2022 Hurricane Season

Q2 Technologies

Although the 2022 Hurricane Season has been fairly mild with only five named storms since the first week of September, the recent barrage of 1 in a 1,000 year weather events that has drenched a large swath of the US is proof that the weather systems are not to be trifled with. Contact us or give us a call +1 832-328-2200.

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AI in Oil and Gas โ€“ A Game-Changer for Efficiency and Profitability

Aresco

AI solutions can process real-time data from drilling operations, offering instant recommendations to field workers and reducing human error. The future is AI-driven, and the oil and gas sector is poised to reap the benefits of this technological revolution. Be sure to follow Aresco on LinkedIn !

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U.S. Fifth Circuit Greenlights Contribution Action for Purely Economic Damages Under Oil Pollution Act (OPA)

The Energy Law

A tug owned by Marquette collided with an oil-carrying barge owned by Settoon as the Marquette tug attempted to overtake the Settoon flotilla. As a result of the collision, approximately 750 barrels of light crude oil discharged into the river. Following the spill, the U.S.

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Oil revival plan put forth by Ecuadorโ€™s president falters amid re-election effort

Oil & Gas 360ยบ

(World Oil) – Ecuador President Daniel Noboas plan to revitalize the nations biggest oil field is crumbling as he scrambles to secure re-election weeks before a runoff vote. Former Oil Minister Fernando Santos separately characterized Noboas ultimatum as a pretext to end the negotiations elegantly.

Oil 130
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360ยบ

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders.

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