Crude Oil Field Petroleum 
Iraq Business News: Oil & Gas
FEBRUARY 4, 2025
The Iraqi Council of Ministers has approved a modification to the contract area of the East Baghdad Oil Field - Southern Region , adding 95 km west of the Diyala River. According to the Media Office of the Prime Minister , this expansion aims to exploit an estimated 710 million barrels of crude oil within the newly incorporated area.
Reporting Oil and Gas
NOVEMBER 28, 2023
percent decline in crude oil production. Total crude oil produced amounted to a total of 35.42 This decrease is linked to the natural decline in the Tweneboa, Enyenra, and Ntomme (TEN) field, leading to an escalation in the gas-to-oil ratio and water production in the Jubilee and Sankofa fields.
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Oil & Gas 360º
MARCH 10, 2025
In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. UNOC is also advancing exploration in the Moroto-Kyoga basins, with preliminary studies aimed at uncovering new oil fields.
Egypt Oil & Gas
MARCH 13, 2025
Minister of Petroleum and Mineral Resources Karim Badawi held meetings with Clay Neff, President of Chevron International Exploration and Production, and Dong Sub Kim, President & CEO of Korea National Oil Corporation (KNOC), focusing on investments and capacity building.
The Energy Law
SEPTEMBER 4, 2009
By Kerry Murphy On Wednesday September 2, BP drilled the world’s deepest oil well – the Tiber Prospect Well – and discovered a huge pool of crude oil. The Tiber well is located in the western Gulf of Mexico, southwest of New Orleans in U.S. The Tiber well is below 4,000 feet of water and more than 30,000 feet into the earth.
Drillers
MARCH 24, 2020
The country’s first field began producing in 1958 at a rate of 5,100 BPD. 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. Exxon comes next: the U.S.
The Energy Law
JUNE 13, 2017
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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