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Oil majors compete for Libya’s first exploration tender since 2011 war

Oil & Gas 360º

and TotalEnergies SE are competing in Libya’s first energy exploration tender since the 2011 conflict, the country’s state-run oil firm said, as the OPEC member looks to oil majors to help ramp up production to a record. Chevron said it constantly reviews new exploration opportunities, but doesn’t comment on commercial matters.

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Equinor Files Development Plan for Fram South in Norwegian North Sea

Rigzone

billion) investment to develop Fram South, which will unlock new gas for Europe, the operator said. It expects the project to start production 2029. Fram West and Fram East started production 2003 and 2006 respectively. The production platform has been electrified since 2024, helping lower emissions.

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Chevron, Total Vying in Libya's First Oil Tender Since 2011 War

Rigzone

and TotalEnergies SE are competing in Libya’s first energy exploration tender since the 2011 conflict, the country’s state-run oil firm said, as the OPEC member looks to oil majors to help ramp up production to a record. million-barrel peak reached during strongman Muammar Qaddafi’s reign in 2006.

Oil 77
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Viaro Energy strengthens North Sea portfolio through acquisition of Deltic Energy

Oilfield Technology

Viaro intends to leverage its operational expertise and financial capability to advance the development of Selene, reaffirming its strategic focus on unlocking critical domestic energy resources and supporting the UK’s energy security.

Energy 52
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Overturning 8 Years of “Palpable Error,” The Louisiana Supreme Court Limits Damages Available to Landowners in Oilfield Legacy Litigation

The Energy Law

Louisiana Land and Exploration Co., Iowa Production , landowners sued oil and gas companies for breach of a mineral lease. Tackling this problem, the Louisiana Legislature in 2006 enacted La. Louisiana Land and Exploration Co., The Energy Law Blog will explore the import of the prescription ruling in a separate post.

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Christmas Eve Edition: 2024 Oil and Gas Results – Top Deals and a Bonus to End the Year

Rextag

Production increased by 460,000 boe/d, making Chevron a major player in international energy markets. Fact: Hesss Guyana operations were so lucrative that some analysts called this deal the crown jewel of 2024. It enhanced Conocos shale oil dominance, focusing on cost-efficient production and mature assets.

Oil 52
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You Cannot Just Read the Regulations to Understand Stormwater Permitting for Oil and Gas Activities!

The Energy Law

The 1987 amendments to the Clean Water Act (“CWA”) added language creating a permitting exemption for uncontaminated runoff from Oil and Gas operations. The regulations clarified that the permitting exemption only applied to oil and gas operational activities; thus, construction activities were not included in CWA §402(l). c)(1)(iii).

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