Oil & Gas 360º

MARCH 6, 2025

The bid round is expected to attract foreign investors and drive exploration activities across Libyas resource-rich basins, enabling global energy companies to engage in a market that has remained largely unexplored for nearly two decades. Meanwhile, the Sabratha Compression Project is in execution, with startup expected later in the year.

Exploration and Production 130

Exploration and Production Oil Field Offshore 130

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. This is normal in a mature basin. These resources include: 0.5

Exploration and Production 78

Exploration and Production Barrel Government Field 78

Offshore Engineer

APRIL 14, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream Wenchang 9-7 oil field development in the western Pearl River Mouth Basin in South China Sea

Field 59

Field Oil Basin Offshore 59

Oil & Gas 360º

MARCH 10, 2025

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. UNOC is also advancing exploration in the Moroto-Kyoga basins, with preliminary studies aimed at uncovering new oil fields.

E&P 130

E&P Exploration and Production Oil Field 130

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.

Transportation 79

Transportation Completion Basin Oil 79

Oil & Gas 360º

JUNE 19, 2025

His earlier experience includes field operations, engineering, and human resources across North America, South Asia, and the Middle East. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. from 2018-2024.

Energy 130

Energy Energy Exploration and Production E&P 130

Rigzone

JUNE 16, 2025

The acquired portfolio consists of 16 producing fields in Norway, quadrupling DNO’s North Sea production to 80,000 barrels of oil equivalent per day (boepd), the company said in a news release. Its largest assets, measured by net 2P reserves, are Nova, Martin Linge, Kvitebjørn, Eldfisk, Maria, Symra and Ekofisk.

Energy 67

Energy Energy Exploration and Production Field 67

Rigzone

JULY 2, 2025

“Almost all well-known international companies” are vying for the 22 offshore and onshore blocks , he said. The development of its north Jalo field alone would add 100,000 barrels. The development of its north Jalo field alone would add 100,000 barrels. Eni SpA and Exxon Mobil Corp. Waha Oil Co.,

Oil 83

Oil Exploration and Production Barrel Field 83

Valor

JUNE 16, 2025

Iran’s gas field saw partial shutdown but Strait of Hormuz flows remained uninterrupted. While Iran consumes all its gas domestically due to sanctions, neighboring Qatar exports 77M tonnes annually from the shared field with Exxon and Shell. Offshore activity held at 13 rigs (-9 y/y). to April highs after Friday’s 4.8%

Energy 52

Energy Energy Field Gas 52

Asian Oil & Gas

APRIL 14, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream Wenchang 9-7 oil field development in the western Pearl River Mouth Basin in South China Sea

Field 40

Field Oil Basin Offshore 40

Rigzone

JUNE 30, 2025

Wood Mackenzie noted in its release that ExxonMobil found over eight billion barrels of new field resources on a net equity basis since 2015, which it said is more than any other company over the decade. The most successful explorers must embrace greater risks to open up new plays and basins that promise greater resources,” he added.

Upstream 89

Upstream Exploration and Production Oil E&P 89

Rigzone

JUNE 19, 2025

Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas Gets New Block offshore Suriname by Jov Onsat | Rigzone Staff | Thursday, June 19, 2025 | 7:53 AM EST The new acreage lies next to Petronas' Block 52, which contains the Fusaea, Roystonea and Sloanea discoveries.

Offshore 62

Offshore Exploration and Production Exploration Well E&P 62

Valor

JUNE 23, 2025

support for renewable energy has fallen since 2022, with backing for offshore wind expansion dropping from 59% to 44% and for solar farms from about 66% to 50%. Read more Democrats, Independents cool on solar and wind energy, poll says Summary : An AP-NORC poll shows U.S.

Energy 52

Energy Energy Barrel Oil 52

Rigzone

JUNE 27, 2025

Adura, which will be equally owned, combines the two companies’ offshore assets in the UK, where Shell currently produces over 100,000 barrels of oil equivalent a day (boed) and Equinor about 38,000 boed. “Adura is expected to produce over 140,000 barrels of oil equivalent per day in 2025”, Equinor said.

Exploration and Production 67

Exploration and Production Operator Oil Gas 67

Oil Gas Leads

JUNE 21, 2025

Generate and mature prospects in various basins, including offshore deepwater, onshore shale plays, and international assets. Development Geologists – Optimize field development strategies, reservoir characterization, and drilling programs. Manage and streamline geoscience data workflows using SQL, Python, and GIS tools.

Exploration and Production 52

Exploration and Production Utilities Operator Management 52

Oilfield Technology

JUNE 27, 2025

As fields age, they generate higher water to oil ratios. In some mature fields, 10 barrels of water are generated for every barrel of oil produced. This is not a problem offshore where oil can be recovered from the PW so that it can be discharged overboard. However, it is becoming a problem in some onshore fields.

Midstream 52

Midstream Exploration and Production BBL Operator 52

Rextag

FEBRUARY 24, 2025

Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gas basins , the leading companies , and market trends using the latest data and forecasts. The Permian Basin remains the top destination for U.S. What are the key companies doing to stay competitive? MMBbl/d.

Basin 40

Basin Oil Gas Exploration and Production 40

Oilfield Technology

JUNE 30, 2025

In particular, Viaro will prioritise the development of the Selene discovery – one of the largest gas fields in the UK Southern North Sea in the past decade. The transaction reflects our commitment to advancing key developments responsibly and with the continuity they require. Already a member?

Energy 52

Energy Energy Exploration and Production Hydraulic Fracturing 52

Egypt Oil & Gas

MARCH 23, 2025

(Shell Brasil), a subsidiary of Shell plc, announced that it has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, offshore Brazil. The consortium anticipates that the Gato do Mato field will commence operations in 2029.

Upstream 59

Upstream Basin Barrel Field 59

Rextag

MAY 5, 2025

This development marks a significant step in Chevrons strategic offshore growth and reinforces its broader production goals in one of its most prolific regions. He continued, Ballymore, which was completed on time and on budget, brings additional production online without building a new standalone offshore platform.

Barrel 52

Barrel Exploration and Production Offshore Basin 52

Egypt Oil & Gas

MARCH 17, 2025

Wenchang 19-1 Oilfield Phase II Project is located in the western part of the Pearl River Mouth Basin, with an average water depth of approximately 125 meters. The design concept of intelligent oil and gas fields were used in the two new projects. It has 13 development wells are planned to be put into production.

Field 52

Field Associated Gas Crude Oil Maintenance 52

Rextag

DECEMBER 23, 2024

billion Date: October 11, 2024 ExxonMobil made waves by acquiring Pioneer Natural Resources, securing 850,000 net acres in the Permian Basin. Occidental Petroleums Acquisition of CrownRock Value: $12 billion Date: March 2024 Occidental acquired CrownRocks 70,000 acres in the Permian Basin, adding 50,000 boe/d to its production.

Oil 52

Oil Exploration and Production Basin Gas 52

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.

Exploration and Production 40

Exploration and Production Field Upstream Gas 40

Drillers

MARCH 24, 2020

The country’s first field began producing in 1958 at a rate of 5,100 BPD. company has a 40-60 joint venture with the NNPC, which is the majority shareholder, and stakes in several offshore fields, including several deepwater blocks that have yet to be developed. One of these measures targets offshore projects specifically.

Oil 52

Oil Royalty Exploration and Production Government 52

Permian Basin Oil and Gas Magazine

MAY 12, 2025

A third issue for him is that, in basins like the Permian, CCUS projects inject into oil formations that are no longer viable for productionat least, not with todays technology and pricing. Seen here are two 14 Oil States Enform formConnect assemblies on their way to the field. That reduces your risk greatly if you do that.

Casing 59

Casing Abandonment Oil Basin 59

Aresco

OCTOBER 25, 2023

This includes both onshore and offshore activities. Assets: Upstream assets include oil and gas fields (land and mineral rights), drilling rigs, production platforms, and wells. Production increases in the Permian Basin, for example, are a challenge regarding the takeaway capacity of the existing pipeline infrastructure.

Downstream 52

Downstream Midstream Upstream Exploration and Production 52

Rextag

MAY 8, 2025

production increased versus the prior year, due to: Increased output from existing fields Higher ownership from new transactions in U.S. The company noted that the output was in line with expectations, despite ongoing offshore development challenges (e.g., shale basins. shale basins. TWh , the same as Q1 2024.

Exploration and Production 40

Exploration and Production Energy Energy Basin 40

Rextag

APRIL 16, 2025

onshore and offshore regions, including the Gulf of America. 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

Oil 52

Oil Upstream Exploration Well Exploration and Production 52

Pro-Gas Services

MAY 10, 2025

This enhanced NGL recovery directly benefits operations in liquids-rich DFW basins. Membrane Separation NGL Technology Membrane separation NGL technology is a rapidly evolving field utilizing semi-permeable membranes to selectively separate gas components based on differences in solubility and diffusivity.

Natural Gas 52

Natural Gas Gas Condensate Exploration and Production 52

McKinsey

JULY 10, 2025

Developments in France are particularly relevant to Spain since France is accelerating its CCUS efforts despite not having significant national oil and gas reserves, which eliminates the possibility of using depleted fields for CO 2 storage. Transport type: Offshore pipeline transport costs are typically 1.3 percent in 2030 to 35.0

Transportation 67

Transportation Exploration and Production Pipeline Offshore 67

Oil & Gas 360º

MAY 13, 2025

billion in investments was 29% below the previous quarter when it had atypical spending related to the giant Buzios offshore field, and the decline may bring relief to the market. Analysts are optimistic that Petrobras production will accelerate as it reaches capacity at recently installed offshore production vessels and adds more.

Oil 130

Oil Exploration and Production Drilling rig Offshore 130

Iraq Business News: Oil & Gas

JUNE 22, 2025

The company, which announced a fundraising in March , said that it has submitted a proposal to undertake contractor obligations on a relinquished block from Iraq's 4th Bid Round , and has also prepared an updated development plan for the Merjan oil field. An updated Merjan oil field development proposal has been prepared.

Oil 101

Oil Gas Finance Natural Gas 101