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Iraq Expands Gas Projects to Curb Flaring

Iraq Business News: Oil & Gas

Gas field contracts under the 5th and 6th licensing rounds have been awarded to international companies, alongside dozens of investment agreements to develop both associated and free gas resources. In liquefied petroleum gas (LPG), production rose from 2 million tonnes in 2024 to 3 million tonnes in 2025.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Of this, 40% is dedicated to slowing down production declines at existing fields. In Qatar , domestic investment has ramped up sevenfold since 2015 with the accelerated development of the huge North Field, while foreign investment has quadrupled in the same period.

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Equinor Hits New Discovery in Johan Castberg

Rigzone

Image by Tatyana Ponomareva via iStock Equinor ASA on Monday announced another discovery in the recently started-up Johan Castberg field on Norway’s side of the Barents Sea. “The licensees will consider tie-in of the discovery to the Johan Castberg field”, said Equinor, which operates Johan Castberg with a 46.3

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ConocoPhillips Confirms Slagugle Oil Discovery in Norwegian Sea

Rigzone

miles) northeast of the Heidrun field and about 270 kilometers (168 miles) north of Kristiansund. This is the third exploration well in production license 891, awarded in the Awards in Predefined Areas (APA) in 2016, the Directorate said in its notice. The second appraisal well, 6507/5-12 S, was drilled about 22 kilometers (13.7

Oil 104
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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

Developments in France are particularly relevant to Spain since France is accelerating its CCUS efforts despite not having significant national oil and gas reserves, which eliminates the possibility of using depleted fields for CO 2 storage. In addition, most of Europe’s depleted oil and gas fields are located at sea.

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ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea

Oilfield Technology

The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. It is the third exploration well drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016. million bbl of oil equivalent in Triassic reservoir rocks.

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Valor | Energy Connection – June 23, 2025

Valor

million barrels a day from 2016-2019 has spurred a 9% rally in a basket of related U.S. resilience stems from shifting from importing 14 barrels per capita in 1977 to net exporting 2.5 barrels per capita today, making the nation the world’s largest seller of LNG. Shale’s ability to add 4.2 Read more Chevron enters U.S.

Energy 52