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Khalda Petroleum, a joint venture (JV) between the Egyptian General Petroleum Corporation (EGPC) and Apache Corporation, is bringing two new wells into production in June 2025, with an initial estimated total of 5,400 barrels of crude oil per day (bbl/d). Khalda completed drilling operations for the Fox Deep-02 appraisal well.
(World Oil) – Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt. As the country strives to produce two million bpd, projects of this nature will support new investments by providing a direct route from offshore fields to market.”
The Petroleum Projects and Technical Consultations Company (PETROJET) has completed the manufacturing of high-quality subsea systems that will be exported to Angola as part of a development project in the African country.
(World Oil) –MOL has discovered a new oil field near Somogysmson in Western Hungary. The drilling of the new well in the Somogysmson oilfield, called Som-8, began on November 25, 2024, and was completed after 33 days. During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters.
The Iraqi Oil Exploration Company has completed a seismic survey of the Naft Khana oil field in Diyala province, achieving the milestone in record time, according to the Ministry of Oil. Source: Ministry of Oil) The post Seismic Survey of Naft Khana FieldCompleted first appeared on Iraq Business News. By John Lee.
In liquefied petroleum gas (LPG), production rose from 2 million tonnes in 2024 to 3 million tonnes in 2025. To expand storage capacity, the Ministry completed 8 of 16 spherical LPG tanks, each with a 3,000-cubic-metre capacity, adding 24,000 cubic metres overall.
Savannah Energy announces the completion of the acquisition of 100% of Sinopec International Petroleum Exploration and Production Company Nigeria Limited SIPEC, following a signing ceremony held in Lagos earlier this … Read More The post NIGERIA: Savannah Energy Completes Acquisition of SIPEC appeared first on oilnewsafrica.
Akrake Petroleum, Rex International's indirect subsidiary, has completed the development plan for the Seme field offshore Benin, with the drilling operations scheduled…
The submarine cable, spanning about 84 kilometers, is planned to be installed at a depth of nearly 1,500 meters, with the project set to be completed by the third quarter (Q3) of 2026. He highlighted that this project is a major challenge for sustaining production in the Zohr Field.
Dr. Paul Clarke, CEO of CanCambria, stated: “We are very pleased to have signed this contract and look forward to completing the remaining steps, and closing in the next month. The signing formally initiates a four-year exploration period.
According to an Oil Ministry statement, technical and engineering teams continue to work efficiently to achieve high completion rates, in line with Ministry of Oil directives to expand production and strengthen infrastructure in Iraq's oil fields.
Assisting in Field Operations: Engineering Technicians may work in the field alongside engineers to assist with the installation, operation, and maintenance of equipment. This can involve both laboratory testing and field testing of equipment. This can involve hands-on work in the field or in a laboratory setting.
Optimizing drilling and completion strategies to maximize well productivity and longevity. Determining reservoir behavior, pressure, and fluid properties to optimize production strategies. Well Design and Optimization: Designing well systems and determining the best location and configuration for wellbores.
Khalda Petroleum Company Chairman Saeed Abdel Moneim reviewed the most important performance indicators and targets for the next fiscal year (FY), indicating that it is planned to invest approximately $1 billion during FY 2024/25. Additionally, 51 recompletion operations will be carried out, along with the completion of 11 exploratory wells.
Agiba Petroleum, together with its shareholders, has successfully completed the fast-track development of the Iris Field, a major hydrocarbon asset in the Egyptian Western Desert. Iris Field represents a proof of concept for the success of this geological play.
Dana Gas has announced accelerated development at Kurdistan's Khor Mor and Chemchemal fields. Khor Mor field development The companies announced that daily production from Khor Mor in early March reached 525 MMscfd of natural gas, a growth of 75% since 2017, in addition to 15,200 b/d of condensate, and 1,070 t/d of LPG.
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.
Minister of Petroleum and Mineral Resources Karim Badawi attended the General Assembly meeting of the Middle East Oil Tankage & Pipelines (MIDTAP) company to discuss its 2024 performance. The total volume of petroleum products traded on the company’s marine dock reached 4.7 million tons in 2024, compared to 1.6
His earlier experience includes field operations, engineering, and human resources across North America, South Asia, and the Middle East. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Gatti served on the Board of Helix Energy Solutions Group, Inc.
The UAEs Crescent Petroleum and Dana Gas announced on 3 April that expected completion of work to add 250mn cfd capacity to the Khor Mor gas field has been brought forward to 1Q 2026. Khor Mor is operated by Crescent Petroleum and Dana Gas on behalf of the Pearl Consortium, which also includes OMV, MOL and RWE.
Midland College has the Advanced Technology Center (ATC) and Petroleum Professional Development Center (PPDC). GED classes are designed for people who have not completed high school. OC Global provides educational opportunities to anybody, anywhere, anytime, with fully accredited and completely online degree programs.
acquired Pintail Alternative Energy, aka Pintail Completions, aka Pintail Wireline. Greenwell expects to “bring an expanded pipeline of new wireline and completion technologies to market.” The units’ electrical power needs can be fed by an in-field electrical source. April brought two big moves. On April 1, Atlanta, Ga.-based
(TSXV: CCEC) (FSE: 4JH) ( CanCambria or the Company ) is pleased to announce the results of the Companys independent resource evaluation for the Kiskunhalas tight-gas project in southern Hungary dated April 30th, 2025, prepared by Chapman Hydrogen and Petroleum Engineering ltd (CHPE). CanCambria Energy Corp. for un-risked case.
While some experts expect a short conflict and easing prices, others warn a complete shutdown of the strait could send oil prices soaring to $120-$130 per barrel, hurting global consumers. Summary : While an Iranian closure of the Strait of Hormuz, where 20% of world petroleum passes, could push oil to triple digits, the U.S.
“The decision to perform a novel perforation and acidisation completion has been very much vindicated, and the potential for further optimisation of the project is exciting. The internal technical evaluation of this well is now largely complete, prior to further review by a third party. Net Recoverable Condensate (MMBC) 2.7
While liquid yields will vary across the field area and in time as the reservoir pressure drops during field production, the overall elevated liquid yields are expected to be a significant driver of enhanced project economics. Water cut was less than 0.5%
The new drilling rigs boast high operational efficiency, faster well completion, and easy mobility between sites at a lower costenhancing the execution of plans in a more efficient and cost-effective manner, said Mohamed Abdel Mageed, Chairman of GPC, in a report to the Ministry of Petroleum and Mineral Resources.
This came during the general assembly meeting of the Middle East Oil Refinery (MIDOR), attended by the Minister of Petroleum and Mineral Resources, Karim Badawi, to discuss and review the companys fiscal year results in 2024. He praised MIDORs contributions to hard currency earnings, local market stability, and sustainable growth.
During his visit to Germany, Minister of Petroleum and Mineral Resources Karim Badawi participated in the 11th edition of the Berlin Energy Transition Dialogue on the 18th and 19th of March. This includes the implementation of several projects, such as solar energy projects and wind power plants in the Gulf of Suez region.
They also wouldn’t require rest stops in the way that people do, allowing them to complete work faster and spend less time on the road. These driverless cars also tend to be completely electric in their operation. Public transport is also a field that is regularly making significant improvements regarding its environmental impact.
A Top Hand has not only achieved success in his chosen field, but exhibits the finest qualities of leadership, stewardship, and community involvement. Dennis Johnsonfounder, chairman, and CEO of Summit Petroleum LLCis someone who fits that description. Its January 2025 production is approximately 28,000 BOEPD.
Minister of Petroleum and Mineral Resources Karim Badawi emphasized the sector’s commitment to providing excellent civil services to citizens, most notably the provision of natural gas to homes. This came during the general assembly of Petroleum Trading Service Company (Petrotrade) to review the fiscal results for the year.
Minister of Petroleum and Mineral Resources Karim Badawi attended the general assembly meeting of Egypt Gas Company to approve and discuss its fiscal year results for 2024, praising its past years achievements across Egypt.
Updated Guidance and Long-Range Plan Upon completion of the Montney dispositions, Strathcona will be a pure-play heavy oil company producing approximately 120 Mbbls / d (100% oil, 95 Mbbls / d thermal, 25 Mbbls / d conventional) with a 50-year 2P reserve life index and positive net cash (including marketable securities).
The Chairman of the Egyptian Natural Gas Company (GASCO) Yasser Salah El Din stated that the company is working on several strategic pillars of the Ministry of Petroleum and Mineral Resources (MoPMR), especially in meeting the gas needs of the local market and the country’s economic sectors. He highlighted that 1.9
Aminex reports that the process for the award of the Ntorya to Madimba Pipeline EPC contract is almost complete and the company expects to receive further news from the TPDC … Read More The post TANZANIA: Award of the EPC Contract for the Ntorya to Madimba Pipeline Expected Soon appeared first on oilnewsafrica.
Aramco progressed its strategy to increase sales gas production capacity by more than 60%, including advancing procurement and construction activities for the Jafurah Gas Plant, part of the Jafurah unconventional gas field development, as well as for the Tanajib gas plant and Fadhili gas plant expansion.
Occidental Petroleum & Ecopetrols Partnership: Occidental Petroleum (Oxy) continued to expand its Permian operations through a joint venture with Colombian oil company Ecopetrol. In 2024, Ecopetrol invested $880 million into drilling new wells, with 91 wells planned for completion in 2025. MMBbl/d in 2025. MMBbl/d in 2025.
Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders.
Offshore oil fields represent a substantial portion of the worlds total crude oil output. The oil and gas industry takes its health and safety seriously so it has developed the Basic Offshore Safety Induction and Emergency Training Course, or BOSIET , which you would need to complete before you board the helicopter to the platform.
Gulf Keystone Petroleum (GKP) today announced its results for the full year ended 31 December 2024. By John Lee. Shares were trading up more than two percent at lunchtime. Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "2024 was a year of strong operational and financial delivery for Gulf Keystone. bbl (2023: $40.9/bbl)
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. In addition, most of Europeâs depleted oil and gas fields are located at sea.
It was able to control production after the Texas National Guard occupied the oil fields in East Texas. The Arab Gulf states resorted to a different type of control: sharing and buying until they got complete control instead of outright nationalization. What did Rockefeller want from oil market management? Welcome to OPEC!
The Federal Ministry of Oil has confirmed the completion of procedures for resuming the export of oil produced in the Kurdistan Region through Ceyhan Port (pictured), in accordance with the mechanisms outlined in the Budget Law and its amendments and within Iraq's OPEC production quota. By John Lee. Sources told Reuters that U.S.
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