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Equinor Files Development Plan for Fram South in Norwegian North Sea

Rigzone

billion) investment to develop Fram South, which will unlock new gas for Europe, the operator said. billion) investment to develop Fram South, which will unlock new gas for Europe, the operator said. Oil comprises 75 percent and gas 25 percent, according to Equinor. It expects the project to start production 2029.

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Iraq Intends to Increase Oil Production to Exceed 6 mmbbl/d by 2029

Egypt Oil & Gas

Iraqs Oil Ministry announced that it plans to increase oil production to more than 6 million barrels per day (mmbbl/d) by 2029, while confirming an agreement with bp to develop four oil fields in Kirkuk, Iraq News Agency reported.

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% this year, actively pursuing international partnerships following a revision of its Hydrocarbons Law in 2029.

E&P 130
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Prairie Operating Co. Reaffirms $1 Billion Reserve Based Lending Facility with Citibank, N.A. Adds Bank of America, N.A. and West Texas National Bank to Syndicate

Oil & Gas 360º

(Oil & Gas 360) – HOUSTON, TX, June 09, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. billion, and a maturity date of March 26, 2029. is a Houston-based publicly traded independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States. its lead arranger.

Operator 130
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Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

(Oil & Gas 360) Q1/25 capital program realized well outperformance averaging 20% above internal type curves (2) , driving estimated average volumes over 41,600 boe/d (1) Opportunistically retired ~US$15 million of senior notes by allocating ~C$21 million to open market repurchases at prices below par Continued share buybacks with ~3.4

Gas 100
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From Wellhead to Server Rack: How Oil & Gas Operators Are Powering the AI Era

Oil Gas Leads

As AI-driven data centers rapidly proliferate, the oil and gas industry is seizing a new opportunitynot just as energy suppliers, but as key enablers of power-hungry digital infrastructure. Diamondback Energy: Gas-to-Power for Hyperscalers Diamondback is moving aggressively to monetize stranded gas and improve margins.

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Petronas, JOGMEC Pen LNG Cooperation Deal

Rigzone

Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas, JOGMEC Pen LNG Cooperation Deal by Jov Onsat | Rigzone Staff | Tuesday, June 24, 2025 | 7:30 AM EST The cooperation could include 'exploring the utilization of LNG storage facilities in Malaysia' to help secure supply for Japan. Commonwealth is permitted to export up to 9.5