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Iraq Signs Strategic Agreement with BP for Kirkuk Oil Fields

Iraq Business News: Oil & Gas

Al-Sudani, oversaw the signing of a major agreement between the Iraqi Ministry of Oil and BP for the development and production of four key oil fields in Kirkuk. The contract covers the Kirkuk field (Baba and Avana domes), Bai Hassan, Jambur, and Khabbaz.

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

Oil & Gas 360º

In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.

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CNOOC Starts Production from Two Oilfields

Egypt Oil & Gas

CNOOC Limited is committed to building intelligent offshore oil and gas fields and developing oil and gas resources in a green and low-carbon manner, so that it could provide the society with clean, reliable, and stable energy supplies.

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Iraq's Oil Ministry Outlines Roadmap for Carbon Emissions Reduction

Iraq Business News: Oil & Gas

He added that while Iraqi crude oil has one of the lowest extraction costs globally, its carbon footprint is relatively high, necessitating targeted action across the three areas. A contribution from Midland Oil Company (MdOC) on the East Baghdad Field as a pilot project.

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A Guide to Enhanced Oil Recovery (EOR)

Drillers

These are both production approaches that work well at conventional wells in formations with excellent permeability characteristics, meaning it is easy to extract the oil from the rock. They also work well with lighter (less viscous) crude oil grades. But not all oil-bearing geology is the same and not all oil is the same.

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