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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360ยบ

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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

Oil & Gas 360ยบ

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Negotiations are underway with ExxonMobil and Chevron to boost exploration.

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Investment Opportunities in the Oil and Gas Sector

Nestoil

For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.

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Badawi Seeks Fostering Bilateral Cooperation during CERAWeek 2025

Egypt Oil & Gas

Badawi held a meeting with Jeff Miller, the CEO of Halliburton, where they discussed ways to improve collaboration in well drilling and the application of modern technology to enhance production efficiency. The meeting further discussed leveraging Halliburton’s expertise in developing brownfields.

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BSEEโ€™s Investigations and Review Unit Changes the Playing Field on the OCS

The Energy Law

The reorganization gave BSEE regulatory authority (PDF) over safety and environmental affairs for OCS exploration and production activities. DOI then restructured BOEMRE into three new Bureaus : BSEE, the Bureau of Ocean Energy Management (BOEM) and the Office of Natural Resources Revenue. 3304, issued June 29, 2010.

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Upstream Midstream Downstream โ€“ What is the Difference?

Aresco

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Downstream is the refining and processing phase, where crude oil is transformed into refined products and chemicals. What is oil and gas upstream midstream downstream?

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New Air Standards for Oil & Gas Industry May Force HAP Area Sources into Major Source Status

The Energy Law

By Robert E. 112(n)(4), establishes a non-aggregation standard for exploration and production facilities, specifying that HAP emissions from oil and gas wells and compressor stations should not be aggregated for major source determinations. Holden and Carlos J. 7412 (n)(4)(A).Section 63.761 (definition of โ€œmajor sourceโ€). .

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