Iraq Business News: Oil & Gas

MAY 8, 2025

Genel Energy has issued a trading and operations update relating to Q1 2025. By John Lee.

Energy 97

Energy Energy Exploration and Production BBL 97

Oilfield Technology

JUNE 20, 2025

million bbl of oil equivalent in Triassic reservoir rocks. The appraisal well was drilled approximately 22 km north-east of the Heidrun field and 270 km north of Kristiansund. It is the third exploration well drilled in production licence 891, which was awarded during the Awards in Predefined Areas (APA) in 2016.

Exploration and Appraisal 52

Exploration and Appraisal Hydraulic Fracturing Exploration and Production Oil 52

Iraq Business News: Oil & Gas

MARCH 18, 2025

Genel Energy has announced its audited results for the year ended 31 December 2024. Results summary ($ million unless stated) 2024 2023 Average Brent oil price ($/bbl) 81 82 Average realised price per barrel 35 47 Production (bopd, working interest) 19,650 12,410 Revenue 74.7 Production costs (17.6) (18.0) EBITDAX1 1.1 Total debt 65.8

Energy 66

Energy Energy Exploration and Production BBL 66

Egypt Oil & Gas

APRIL 16, 2025

In a statement , the company said that it drilled the exploration well in Green Canyon Block 584, located in western Green Canyon, about 120 miles off the coast of Louisiana, in water depths of 4,092. Both the initial well and a subsequent sidetrack encountered oil in high-quality Miocene reservoirs. .

Oil 52

Oil Sidetracking BBL Exploration and Production 52

Rextag

MAY 8, 2025

The worlds largest energy companies have just released their Q1 2025 results, offering a detailed look at how the sector is holding up amid fluctuating commodity prices, ongoing supply chain pressures, and the growing influence of gas and LNG markets. Production Breakdown: Oil volumes: 78,675 Bbl/day (58% of total production), up 12.1%

Exploration and Production 40

Exploration and Production Energy Energy Basin 40