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Colombia’s GeoPark appoints Felipe Bayon as its new CEO

Oil & Gas 360º

(World Oil) – GeoPark Limited, an independent oil and gas company with over 20 years of successful operations across Latin America, announces the appointment of Felipe Bayon as its new Chief Executive Officer and a member of the Board of Directors, effective June 1, 2025. in partnership with Oxy a project that grew from 0 to ca.

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Enhance predictive maintenance with generative AI agents on AWS

AWS: Energy (Oil & Gas)

This paradigm directly addresses the challenges of traditional anomaly detection methods and helps proactively resolve issues before they escalate, reducing downtime and significantly improving operational efficiency. In this scenario, we have a variety of electric motors in the field, sending sensor readings.

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Dana Gas Increases Investment in Kurdistan Fields

Iraq Business News: Oil & Gas

Dana Gas has announced accelerated development at Kurdistan's Khor Mor and Chemchemal fields. The Khor Mor plant operated by the companies provides the fuel for around 75% of the KRI's electricity generation, enabling affordable power for more than 6 million Iraqis in the KRI and other governorates of Iraq. By John Lee.

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The heart of the US oil boom is slowing

Oil & Gas 360º

(BOE Report) –NEW YORK (Reuters Breakingviews) Oil fields are just as quick to make fortunes as break them. A mere two years later, over-extraction drove the field into decline. With even remote fields like Alaskas North Slope sputtering and the cost to find and extract an additional barrel of oil rising, collapse loomed.

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Factbox-Energy assets affected by Russia-West standoff and sanctions

Oil & Gas 360º

Here is a summary of some of the energy assets and companies affected: SAKHALIN-1 OIL AND GAS PROJECT Exxon MobilCorp (NYSE: XOM ) held a 30% operator stake in Sakhalin-1, which is a project to develop oil and gas off the coast of Sakhalin Island. Russian company Rosneft, Indias ONGC Videsh and Japans SODECO were partners. OMV paid 1.75

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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

million in common shares of Tourmaline Taken together, the disposed assets generated $149 million of operating earnings in 2024 (12% of total Strathcona YE 2024 operating earnings, excluding interest and other corporate items) and had a YE 2024 proved PV-10 before-tax of approximately $2.3 Tourmaline) for $291.5

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With A New Regulatory Framework On The Horizon, There Is Still Much Uncertainty Concerning The Future Of Offshore Carbon Storage

The Energy Law

Another significant issue that will have to be addressed is the liability of operators and lessees or rights holders for potential leaks from offshore CCS projects. Interior is currently conducting ongoing research on various technical and operational issues associated with offshore CCS.

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