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Iraq Signs Strategic Agreement with BP for Kirkuk Oil Fields

Iraq Business News: Oil & Gas

The agreement includes a comprehensive rehabilitation plan aimed at increasing crude oil production to 420,000 barrels per day and utilizing associated gas through the North Gas Company (NGC) to produce 400 million standard cubic feet per day.

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

Oil & Gas 360º

Libyas NOC is working with IOCs Repsol, bp, TotalEnergies, ConocoPhillips and more to increase output to two million barrels per day (bpd). The partners completed the offshore platform for Angolas first non-associated gas project in February 2025, with production on track for early-2026.

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BP Signs Agreement for Kirkuk Oil Fields Development

Iraq Business News: Oil & Gas

The initial phase includes oil and gas production exceeding three billion barrels of oil equivalent, while the wider resource opportunity across the contract area is believed to include up to 20 billion barrels of oil equivalent.

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Wood selected by TotalEnergies to advance Ratawi Field Redevelopment

Iraq Business News: Oil & Gas

Each of the new contracts has a three-year term under which Wood will support TotalEnergies to advance the Associated Gas Upstream Project (AGUP) , a key part of the GGIP project.

Field 49
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Oil Review Middle East - Untitled Article

Oil Review Middle East

The aim is to debottleneck and upgrade existing facilities to increase energy production capacity to 120,000 barrels of oil per day on completion of the first phase. The GGIP includes a large-scale gas processing plant, with a first phase of 300 Mcf/d that will recover gas being flared on three oil fields and supply gas to 1.5

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CNOOC Starts Production from Two Oilfields

Egypt Oil & Gas

The project is expected to achieve a peak production of approximately 11,000 barrels of oil equivalent per day (boe/d) in 2026. It has 25 development wells are planned to be put into production, including 22 production wells and three water injection wells.

Field 52
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Cenovus Energy Leads Q1 2025 Drilling Activity in Western Canada

Oil Gas Leads

Production and Capital Investment Looking ahead, Cenovus forecasts an upstream production range of 805,000 to 845,000 barrels of oil equivalent per day (BOE/d) for 2025, representing a 4% increase compared to 2024 Cenovus Energy. Well Substance Focus Cenovus’s drilling activities continue to target a mix of oil and gas resources.

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