Oil & Gas 360º

MARCH 10, 2025

The Tanzania Petroleum Development Corporation is developing the Tanzania LNG project, working with Shell and Equinor to monetize resources in Blocks 1, 2 and 4. The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026.

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Drillers

MARCH 19, 2020

Working on an offshore oil rig or platform is a unique experience Note: In this article, we’ll use the word ‘rig’ and ‘platform’ almost interchangeably, but a rig does the drilling, and a platform does the pumping. Offshore oil fields represent a substantial portion of the worlds total crude oil output.

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Offshore Oil Roustabout Derrick Hand 52

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.

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Rextag

NOVEMBER 25, 2024

Will rising imports and weak demand keep crude prices under pressure, or is a rebound on the horizon? crude oil inventories grew by 545,000 barrels last week to reach 430.3 Adding to the intrigue, oil held in the Strategic Petroleum Reserve (SPR) rose by 1.4 crude oil production fell to 13.2

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Oil Barrel Crude Oil Refinery 40

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.

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Valor

FEBRUARY 24, 2025

onshore wind farms and spinning off offshore wind assets. crude oil inventories increase by 4.6 crude oil inventories rose by 4.6 Total petroleum inventories increased by 0.2 The companys profits fell to $8.2 billion in 2024 from $13.4 Read more U.S. million barrels Summary : U.S. million barrels to 432.5

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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. That was formed in 1977 under the name National Nigeria Petroleum Company. Exxon comes next: the U.S.

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Oil Royalty Exploration and Production Government 52