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(Oil Price) – Azule Energy, a joint venture of international majors BP and Eni, has discovered a major natural gas reservoir offshore Angola in the first gas-targeting exploration well in the oil-producing country. Adriano Mongini, CEO of Azule Energy, commented: “This is a landmark moment for gas exploration in Angola.
This year, bp completed drilling activities from two gas discoveries offshore the Mediterranean; El-King-2 and El Fayoum-5. The two exploration wells will be tied into the company’s existing onshore infrastructure as part of the West Nile Delta (WND) Gas Development project.
The acquisition enhances PTTEP’s gas production volume, petroleum reserves, and increases its investment in the MTJDA from its existing 50 percent participating interest in Block B-17-01, the company said in a news release. First Half Updates In 2025, PTTEP, in partnership with Eni Algeria Exploration B.V.
The company is currently producing gas and condensates from the operated blocks Aguada Pichana Este and San Roque, with a combined production of around 50 000 boe/d in TotalEnergies share in 2024. Completion of the transaction is subject to customary conditions. Please sign in or register for free. Already a member?
We will explore the inherent challenges in gas separation, the mechanics of these innovative devices, and the tangible benefits they bring, including enhanced operational reliability, reduced maintenance, and superior product quality. Product Quality: Sales gas specifications demand very low levels of water and hydrocarbon liquids.
Crude and condensateproduction slumped to 1.63 As part of the plan, Pemex will open some key oil and gas fields to joint investment projects with private sector partners in a bid to boost production. to develop offshore gas assets. Pemex posted a net income of 59.52 billion pesos ($3.2 billion peso loss a year prior.
July 22, 2025 Norwegian Offshore Directorate Norway’s daily production averaged 1.854 million bbl in June 2024, the Norwegian Offshore Directorate (NOD) reported. Average daily liquids production in June consists of 1.675 million b/o, 174,000 bbl of NGL, and 5,000 bbl of condensate.
An Independent Expert Report completed by Cawley Gillespie & Associates in June 2024 estimates the primary target to contain a 2C Contingent Resource of 282 million barrels of ANS Crude (oil, condensate & NGLs) and 804 billion ft3 of natural gas. Already a member?
Alex Procyk July 21, 2025 2 min read Photo from Odfjell Drilling Vår Energi discovers gas-condensate west of Fenja field, drilled by the Deepsea Yantai drilling rig. Wildcat well 6406/11-2 S, the eighth in in production license (PL) 586, was drilled by the Deepsea Yantai rig in 310 m of water to 3,857 m TVD subsea.
Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Var Energi Makes Gas, Condensate Find Offshore Norway by Andreas Exarheas | Rigzone Staff | Wednesday, July 23, 2025 | 10:09 AM EST 'Vidsyn is an exciting discovery', SVP Exploration at Var Energi, Luca Dragonetti, said.
Join us as we delve deep into the world of field gas conditioners, exploring their functions, benefits, and the crucial role they play in the oil and gas value chain. In a JT skid, this principle is harnessed to cool and condense the gas, facilitating the separation of liquids and impurities. What is a Field Gas Conditioner?
Natural Gas Liquids (NGLs), including ethane, propane, butanes, and natural gasoline, are vital to numerous aspects of modern life, serving as essential fuels and feedstocks for a vast array of products, from plastics to clean-burning energy sources. Cold Separator: Separating condensed NGLs from cold residue gas.
With topics ranging from offshore oil and gas moratoriums to restrictions on natural gas flaring and venting, the following is an overview of notable energy legislation to be heard in state legislatures this year. In South Carolina, the subject of offshore oil and gas activities is again poised for debate. Senate Bill 119 ( S.
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