Oil Review Middle East

JULY 2, 2025

The nation is undertaking a massive North Field Expansion project that will boost its LNG production capacity from 77 million tonnes per annum (MTPA) to approximately 126 MTPA by 2027. Qatar is investing substantially in carbon capture technology, with plans to sequester 9 million tons of CO₂ annually by 2030.

Sustainability 59

Sustainability Sustainable Exploration and Production Natural Gas 59

Rigzone

JULY 2, 2025

Authorities target daily oil output of 2 million barrels before 2030 — surpassing the 1.75 The development of its north Jalo field alone would add 100,000 barrels. Chevron said it constantly reviews new exploration opportunities, but doesn’t comment on commercial matters. Libya currently pumps about 1.4 Waha Oil Co.,

Oil 83

Oil Exploration and Production Barrel Field 83

Rigzone

JUNE 19, 2025

“The partners will evaluate several CO2 storage sites in the Malay Basin, including both saline aquifers and depleted offshore fields”, France’s TotalEnergies said in a press release then. In 2024 Petronas signed an agreement with Abu Dhabi National Oil Co. Petronas is part of the NETR Committee.

Transportation 79

Transportation Completion Basin Engineering 79

Offshore Energies UK

JUNE 23, 2025

Over the decades, even the most efficient fields naturally produce less in what is known as a decline. OEUK said the report highlights a critical distinction between a natural geologically driven decline and a faster decline driven by policy. These resources include: 0.5 billion barrels in near-term developments with advanced plans 1.4

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Exploration and Production Barrel Government Field 78

Rigzone

JUNE 9, 2025

Image by Emiliano Ortiz via iStock Italy’s Eni SpA and Argentina’s YPF SA have signed an agreement to build a liquefaction facility to enable the export of natural gas from the Vaca Muerta field in the South American country. The capacity is planned to grow to up to 30 million tons per annum (MMtpa) by 2030.

Gas 105

Gas Natural Gas Field Pipeline 105

Permian Basin Oil and Gas Magazine

JULY 21, 2025

Once they gather sufficient client commitments, Leaper said, “The plan is to start those up, probably anytime between now and 2030.” Two people behind a new technology currently being field tested by Double Eagle offered some insight into how the mineral capture part can work. Additional hubs could come later, located on the U.S.

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Basin Supply Chain Oil Midstream 59

Oil Review Middle East

JULY 14, 2025

mn bpd by 2030, with non-OECD countries leading this demand. The report highlights the need for continued investment to satisfy rising demand, as well as to offset natural decline in mature fields, estimating that global cumulative investments of US$18.2 mn bpd in 2024 to 113.3

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Condensate Oil Transportation Upstream 52

Oil Gas Leads

JULY 16, 2025

million BOE/day by 2030. As the company moves toward its 2030 production and sustainability targets, the remainder of 2025 will be pivotal in reinforcing its competitive edge in global energy markets. Maximize Permian Production with Pioneer Synergies ExxonMobil’s Permian output reached a record 1.5

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Basin Operator Midstream Oil 52

Rigzone

JUNE 6, 2025

Project Greensand aims to store 400,000 metric tons per annum of CO2, with plans to ramp up to as much as eight million metric tons annually by 2030. It had its demonstration March 2023 when it injected CO2 transported from Belgium into the Nini field on Denmark’s side of the North Sea.

Transportation 72

Transportation Oil Gas Upstream 72

Rigzone

JULY 15, 2025

Image by Andrii Tokarchuk via iStock EnQuest PLC said it has completed the acquisition of Harbour Energy’s business in Vietnam, which holds a 53.125 percent equity interest in the Chim Sáo and Dua production fields (Block 12W). As of January 1, net 2P reserves and 2C resources across the fields totaled 7.5

Exploration and Production 67

Exploration and Production Energy Energy Field 67

Rigzone

JULY 14, 2025

Iraq holds some of the world’s largest oil reserves with several super-giant oil fields that are increasingly being developed by international oil and gas companies. Deliveries are scheduled throughout 2025 and 2026 to support Iraq’s increasing drilling activities, according to the release.

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Field Oil Operator Barrel 62

Rigzone

JUNE 30, 2025

Specifically, the Sapakara and Krabdagu fields, which contain recoverable reserves estimated at nearly 760 million barrels, according to the company’s website. The FPSO is designed to allow the future connection of satellite fields to extend the duration of its production plateau. miles (150 kilometers) off the Surinamese coast.

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Exploration and Production Field Operator Oil 67

OilPrice

APRIL 23, 2025

However, analysis from Rystad Energy shows the upcoming Jafurah shale gas field, set to start production in 2025 and the largest of its kind globally, could dramatically shift this dynamic. The kingdom burns significant volumes of oil to meet domestic electricity demand, which hovers around 171 terawatt-hours (TWh).

Natural Gas 178

Natural Gas Gas Crude Oil Field 178

OilPrice

MARCH 10, 2025

Operations at Saudi Arabias Jafurah shale gas field the countrys largest unconventional non-oil associated gas site and arguably one of the biggest outside the U.S. will begin this year, according to a comment last week from Saudi Aramcos president and chief executive officer, Amin Nasser.

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Gas Associated Gas Field Oil 265

Oil & Gas 360º

APRIL 3, 2025

Just after teasing in February that a major strategy reset is coming, BP announced the start of production from the second development phase of the Raven field offshore Egypt. In the upstream, BP will aim for 10 new major projects to start up by the end of 2027, and a further 810 projects by the end of 2030.

Gas 130

Gas Oil Upstream Offshore 130

Oil & Gas 360º

MARCH 31, 2025

As part of turnaround plans, the supermajor eyes launching an impressive 27 new oil and gas projects over the next five years, the FT reported in an overview of the companys midterm strategy, noting, however, that even with these projects, BPs 2030 oil and gas production will be slightly lower than its 2019 productionper plans.

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Oil Field Gas Natural Gas 130

Oil Review Middle East

MAY 12, 2025

Saudi Arabia is home to the Jafurah gas field, the largest liquid-rich shale gas play in the Middle East, estimated to contain more than 200 trillion scf of gas and 75bn bbl of condensates.

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BBL Condensate Field Instrumentation 59

Energy Central

AUGUST 16, 2023

Porthos progress, CCSH Porthos is important for achieving the Netherlands’ 2030 climate goals. The storage of CO2 in empty gas fields beneath the North Sea reduces CO2 emissions by 2.5 Mtonnes a year. link] The nitrogen case has.

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Casing Field Gas 52

Oil & Gas 360º

MARCH 25, 2025

Oil reserves Analysts have questions over Shells long-term oil resources, particularly how little output growth the company has locked in beyond 2030. drive growth from prolific fields in the Americas, analysts want to see what new prospects Shell has to offer. Biraj Borkhataria said in a note. As rivals like Chevron Corp.

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Exploration and Production Natural Gas Oil Upstream 130

Oil Review Middle East

MAY 20, 2025

QatarEnergy continues to implement projects to expand LNG production from the North Field, the largest non-associated natural gas field in the world. The North Field East (NFE) project will raise Qatars LNG production capacity from its current 77mn metric tons per year (MTPA) to 110 MTPA.

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Field Natural Gas IT Transportation 59

Enverus

MARCH 12, 2025

The CHIPS and Science Act is creating an equal playing field in terms of production costs, Kang said. Manufacturing activity will rise through 2050 as domestic production grows, but solar output may decline after 2030 because of tax credit expiration. manufacturing but won’t replace the value of IRA credits.

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Manufacturing Exploration and Production Supply Chain Energy 130

Oil Review Middle East

APRIL 23, 2025

Gas is set to increasingly displace oil used for power generation and industrial facilities in Saudi Arabia thanks to the giant Jafurah unconventional gas project, according to Rystad Energy analysis By tapping into unconventional gas, Saudi Arabia could displace up to 350,000 bpd of crude burn by 2030 , according to Rystad.

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Natural Gas Downstream Gas Midstream 59

Oil & Gas 360º

MARCH 27, 2025

In 2020-2021, global commodity traders Trafigura, Vitol and Mercantile joined Vostok oil, Rosnefts flagship project that is expected to produce up to 2 million barrels per day (bpd) by 2030, but left it after February 2022. OMV Putin also ordered the transfer of OMV stakes in Russian ventures in December 2023. OMV paid 1.75

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Energy Energy Oil Gas 130

Oil Review Middle East

MARCH 28, 2025

QatarEnergy continues to implement projects to expand LNG production from the North Field, the largest non-associated natural gas field in the world. The North Field East (NFE) project will raise Qatars LNG production capacity from its current 77mn metric tons per year (MTPA) to 110 MTPA.

Field 52

Field Offshore Management Natural Gas 52

Iraq Business News: Oil & Gas

MAY 8, 2025

The operational performance delivered from the Tawke and Peshkabir fields, together with the significant cost efficiency, continues to set these fields apart from others in the region.

Energy 97

Energy Energy Exploration and Production BBL 97

Egypt Oil & Gas

MARCH 20, 2025

He pointed out the successful completion of the Integrated and Sustainable Energy Strategy until 2040, which aims to increase the share of renewable energy in Egypt’s energy mix to 42% by 2030. This includes the implementation of several projects, such as solar energy projects and wind power plants in the Gulf of Suez region.

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Energy Energy Field Petroleum 52

Oil & Gas 360º

MAY 15, 2025

Still, Hubberts basic framework held up well: oil fields follow a bell-shaped curve. oil production to peak between 2027 and 2030. That prediction was initially correct, but it didnt account for the eventual surge in unconventional oilespecially from shalewhich temporarily reversed that decline decades later.

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Oil Supply Chain Energy Energy 130

Egypt Oil & Gas

MARCH 25, 2025

The agreement brings together experts in their respective fields with the aim of providing the Jubail Industrial City area with hydrogen, including lower-carbon hydrogen, at scale. The post Aramco Successfully Acquires 50% of APQs Interests in BHIG first appeared on Egypt Oil & Gas.

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Natural Gas Field Completion Gas 52

Rigzone

JUNE 6, 2025

In its release, BP said Shah Deniz Compression is one of the 8-10 major projects expected to start up between 2028 and 2030, “as disclosed at BP’s 2025 capital markets update” The company added that the project is expected to contribute to growing BP’s global upstream production to 2.3

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Exploration and Production Field Upstream Gas 52

Oil & Gas 360º

MAY 15, 2025

billion in 2030 and 2031. Field Operating Income is a common metric used in the oil and natural gas industry to assess the profitability and efficiency of the Companys field operations. The following table reconciles Field Operating Income to the nearest GAAP measure. billion in 2026 and $1.1 $1.2

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BBL Natural Gas Oil Operator 130

Oil Review Middle East

MARCH 11, 2025

It also lowers the water cut during end-of-life production, lowers hydrogen sulphide levels in production offtake and extends the life and increases the economic returns of a producing field. The technology is currently being evaluated by many blue-chip customers, with the benefits to the operator clear.

Exploration and Production 45

Exploration and Production Field Royalty Operator 45

Egypt Oil & Gas

APRIL 5, 2025

These pillars involve providing citizens’ need of petroleum products with the lowest costs through boosting oil and gas production via intensified exploration activities, infrastructure optimization, accelerating renewable energy integration to achieve 42% green energy in Egypts mix by 2030, strengthening regional cooperation to leverage Egypts (..)

Gas 66

Gas Exploration and Production Petroleum HSE 66

Oil Review Middle East

MARCH 10, 2025

Rystad forecasts QatarEnergy will invest between US$14-15bn per year over the next few years as it continues to invest heavily in the North Field gas field and expanding LNG capacity, while ADNOCs expenditure, which reached US$5.7bn last year, is forecast to increase given its target of 5mn bpd production capacity by 2027.

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Exploration and Production Field Upstream Gas 40

Oil Review Middle East

MARCH 14, 2025

By 2030, in the US alone, data centre power demand is expected to triple, accounting for more than 10% of US electricity use. The company plans to ramp up oil and gas investment to US$10 bn a year and grow production to 2.32.5mn bpd in 2030, targeting 10 new major projects to start up by end 2027, and a further 810 by end 2030.

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Exploration and Production Energy Energy Oil 40

Oil Review Middle East

MARCH 10, 2025

The Marjan and Berri increments are expected to be onstream in 2025, with the Zuluf field increment scheduled to follow in 2026 and the second phase of Dammam in 2027. Phase One of its Jafurah unconventional gas field development remains on schedule for 2025, with contracts awarded for Phase Two.

Downstream 40

Downstream Crude Oil Upstream Sustainability 40

Energy Transfer

SEPTEMBER 26, 2024

A Growing Need for Power The incredible innovation around AI and other technologies like cloud computing and crypto mining has caused a spike in new data centers, the massive warehouses of computers and infrastructure some as large as 10 American football fields that make these technologies possible.

Natural Gas 52

Natural Gas Gas Energy Energy 52

Rextag

APRIL 16, 2025

million barrels of oil equivalent per day globally by 2030, with approximately 1 million barrels expected from the U.S. The Far South discovery lies just 4 miles north of BPs Constellation field, a testament to the basins dense network of prospects and infrastructure. BP is also targeting 2.32.5

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Oil Upstream Exploration Well Exploration and Production 52