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Genel Energy issues Trading and Ops Update

Iraq Business News: Oil & Gas

Paul Weir, Chief Executive of Genel, said: " In line with expectations, the Tawke PSC continues to deliver consistent, reliable production and generate significant cash flow even at the discounted domestic sales prices.

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bp Unveils New Oil Discovery at Gulf of America.

Egypt Oil & Gas

In a statement , the company said that it drilled the exploration well in Green Canyon Block 584, located in western Green Canyon, about 120 miles off the coast of Louisiana, in water depths of 4,092. Globally, bp expects to grow its upstream production between 2.32.5 The post bp Unveils New Oil Discovery at Gulf of America.

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What Comes After the Permian for IOCs? A Basin of Enormous Value

Rextag

Once considered a mature and declining conventional oil play at the start of the 21st century, the Permian has grown into a global energy giant, second only to Saudi Arabia in crude oil and condensate production. million b/d of production before reaching a plateau of 7.7 million b/d. tight oil plays.

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