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Big Oil Bids in Libya’s First Exploration Tender in 18 Years

OilPrice

Libya earlier this year launched its first oil and gas exploration tender since 2007, which is also the first since the civil war erupted in the country in 2011 after the toppling of Muammar Gaddafi. Exxon, Chevron, TotalEnergies, and Eni are among the 37 international companies that have expressed…

Oil 278
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Oil majors compete for Libya’s first exploration tender since 2011 war

Oil & Gas 360º

Libya last held a bidding round in 2007, four years before the NATO-backed uprising in which Qaddafi was killed. Libya is split between dueling governments in its east and west, and sporadic stoppages and rounds of violence have left much of its energy infrastructure neglected and damaged. Libya currently pumps about 1.4 million bpd.

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Understanding the price of decarbonization

McKinsey

In 2007, McKinsey developed—for a Swedish utility—the first marginal abatement cost curve (MACC) to provide such a framework (Exhibit 1). Since 2007, MACCs and their equivalents have become widely accepted. Reducing carbon emissions often requires making choices. gigatons, but the actual abatement was already 0.08

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Whitecap and Veren Finalize $10.4B Merger, Create Top-7 Canadian Oil & Gas Producer

Rextag

paid C$12,016 per hectare for land in the Fort Kent field, the highest price for oil sands land since 2007. Strategic Asset Base and Production Outlook The combined company now holds a high-quality, light oil and condensate-weighted portfolio with 1.5 million net acres across the Alberta Montney and Kaybob Duvernay formations.

Gas 52
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Productivity at the core: How COOs deliver strategy

McKinsey

percent between 2002 and 2007. Skip to main content Productivity at the core: How COOs deliver strategy July 17, 2025 | Article Daniel Swan  Darryl Piasecki  Tony Gambell For the COO’s productivity mandate, the time to act is always. Six best practices can help. percent annually between 1997 and 2002 to 1.6

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Equinor, Shell Unveil Name of UK North Sea JV

Rigzone

operated Buzzard field, which started production 2007; an operating stake of 65.11percent in Mariner, online since 2019; and an 80 percent operating stake in Rosebank, expected to come onstream 2026. “Adura has been created to bring together the A of Aberdeen and the dura of durability. Adura will include Equinor’s 29.89

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Equinor Hits New Discovery in Johan Castberg

Rigzone

Johan Castberg is the third field developed in the Norwegian Barents Sea after Snohvit, which started production 2007, and Goliat, which went online 2016. “This increases energy deliveries from the Barents Sea by 150 percent”, Equinor said in a statement June 20.