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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. Authorities target daily oil output of 2 million barrels before 2030 — surpassing the 1.75 million-barrel peak reached during strongman Muammar Qaddafi’s reign in 2006. Libya currently pumps about 1.4 million bpd. Waha Oil Co.,

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

Rextag

The merged company will operate under the Whitecap Resources name and will be headquartered in Calgary, Alberta. paid C$12,016 per hectare for land in the Fort Kent field, the highest price for oil sands land since 2007. The divestitures are expected to close before June 30, 2025. In March, Synergy Land Services Ltd.

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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. In the initial global MACC, the abatement potential for passenger EVs by 2030 was estimated at 0.05 gigatons as of 2024.

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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. percent operating stake in Pierce, which started production 1999; a 44.9 Adura will include Equinor’s 29.89

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Productivity at the core: How COOs deliver strategy

McKinsey

Every chief operating officer (COO) knows this simple truth: Delivering the company’s strategy isn’t just part of the job—it is the job. percent between 2002 and 2007. The role and title of the COO In many organizations, the person overseeing an organization’s operations is given the title of chief operating officer, or COO.

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Equinor Hits New Discovery in Johan Castberg

Rigzone

“The licensees will consider tie-in of the discovery to the Johan Castberg field”, said Equinor, which operates Johan Castberg with a 46.3 Johan Castberg is the third field developed in the Norwegian Barents Sea after Snohvit, which started production 2007, and Goliat, which went online 2016. percent stake.

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

Rigzone

Libya last held a bidding round in 2007, four years before the NATO-backed uprising in which Qaddafi was killed. Authorities target daily oil output of 2 million barrels before 2030 — surpassing the 1.75 million-barrel peak reached during strongman Muammar Qaddafi’s reign in 2006. Libya currently pumps about 1.4

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