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Pantheon Resources Pushes Ahead with Dubhe-1 Drilling on Alaska’s North Slope

Oil Gas Leads

UK-based explorer Pantheon Resources is moving forward with its Alaska drilling campaign despite recent setbacks at its Megrez-1 exploration well. In May, the company reported that Megrez-1 produced over 2,000 barrels per day of liquids—but no meaningful oil or gas. The well was suspended, and shares dropped to 20.65

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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. Advancing gas monetization Amid a surge in gas monetization, Africa has emerged as a major LNG producer.

E&P 130
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Oman Block 12 Wells Come Up Dry

Mees

TotalEnergies reveals in its recent annual report that two exploration wells drilled in 2024 on Oman exploration Block 12 (Total 80%op, PTTEP 20%) were dry.

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Genel Energy: Tawke delivering "Significant Cash Generation"

Iraq Business News: Oil & Gas

We continue to work towards a plan for payment or settlement of amounts owed, and appropriate adjustment for price and interest We were disappointed that in December 2024 the subsidiary, Genel Energy Miran Bina Bawi Limited ('GEMBBL'), lost the arbitration case brought against it by the KRG regarding the Miran and Bina Bawi gas assets.

Energy 66