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Oman Signs EPSA with OQEP, Genel Energy to Boost Hydrocarbons in Block 54

Egypt Oil & Gas

We are confident that this agreement will deliver tangible outcomes, sustaining oil and gas production and making a significant contribution to the national economy, he said. Under the terms of the agreement, OQEP will hold a 60% operating interest in Block 54, while Genel Energy will retain the remaining 40% as a non-operating partner.

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DNO reports "Stellar Production" in Iraqi Kurdistan

Iraq Business News: Oil & Gas

DNO ASA , the Norwegian oil and gas operator, today reported 2024 revenues of USD 667 million on the back of what it described as " stellar production " in the Kurdistan region of Iraq. Oil sales via Fish Khabur, with prepaid international bank transfers from buyers. Ownership & Strategy DNO: 75% operator interest.

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Elections to Participate in Proposed Operations are Non-Revocable

The Energy Law

Smith”) was the operator of the Bloomberg oil and gas lease, whose operations were governed by two JOAs. As required by the JOAs, Smith provided written notice to the Non-Operating Interest Owners of its proposal to drill four additional wells on the lease. In XTO Energy, Smith Production Inc.