Oil & Gas 360º

MARCH 10, 2025

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd).

E&P 130

E&P Exploration and Production Oil Field 130

Egypt Oil & Gas

MARCH 23, 2025

According to the companys statement, the development plan includes the installation of a floating production storage and offloading (FPSO) vessel and is designed to produce up to 120,000 barrels of oil per day (b/d).Current Current estimated recoverable resource volumes of the Gato do Mato development are approximately 370 million barrels.

Upstream 59

Upstream Basin Barrel Field 59

Oil & Gas 360º

MAY 15, 2025

billion in 2027 2029, before returning to sustaining expected capital of $0.8 HRT is directly connected to the Hardisty Diluent Recovery Unit, an innovative facility which separates diluent from raw bitumen prior to rail transportation, allowing for a competitive netback for upstream producers versus pipeline alternatives.

BBL 130

BBL Natural Gas Oil Operator 130

Rigzone

JUNE 6, 2025

“These agreements represent progress against BP’s strategy to grow long-term shareholder value, contributing to its goal of growing its upstream business, as well as underlining BP’s continuing commitment to Azerbaijan,” BP continued.

Exploration and Production 52

Exploration and Production Field Upstream Gas 52

Rextag

MAY 8, 2025

Equinor Q1 2025 Performance Total Equity Production: 2,123 mboe/day Equinors total equity production in the first quarter of 2025 was 2,123 thousand barrels of oil equivalent per day (mboe/d). BP achieved upstream plant reliability of 95.4%, one of its best on record, and refining availability at 96.2%. billion, down from $10.3

Exploration and Production 40

Exploration and Production Energy Energy Basin 40