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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. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.

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NIGERIA: First E&P Reports Significant hydrocarbon Discovery in the Songhai Field, OML 85

Oil News Africa

The Nigerian National Petroleum Company Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) Joint Venture (JV) have confirmed a significant hydrocarbon discovery in the Songhai … Read More The post NIGERIA: First E&P Reports Significant hydrocarbon Discovery in the Songhai Field, OML 85 (..)

E&P 59
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MOL discovers new oil field in Western Hungary

Oil & Gas 360º

(World Oil) –MOL has discovered a new oil field near Somogysmson in Western Hungary. MOL has ambitious E&P investment plans. During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters. According to the results, the well has potential to produce 1,200 bpd.

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bp, Shell sign deals for Libya exploration and redevelopment

Oil & Gas 360º

bp, which has pivoted away from its failed low-carbon strategy to focus more on fossil fuels, signed a memorandum of understanding to study reviving two huge oil fields in Libya, it said in a statement on Tuesday. We hope to apply bp’s experience from redeveloping and managing giant oil fields around the world.”

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bp and Iraq finalize contract for Kirkuk oil field redevelopment

Oil & Gas 360º

(World Oil) – bp has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, in the north of Iraq. Calgary, Canada – September 21, 2012: BP’s Canadian head office in Calgary Alberta. Mohammed Shia’ Al Sudani, H.E.

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MedcoEnergi to Acquire Stake in Corridor PSC in South Sumatra

Rigzone

from Repsol E&P S.a.r.l. The Corridor PSC has seven producing gas fields and one producing oil field, all located onshore in South Sumatra, Indonesia, MedcoEnergi said. The Corridor PSC has seven producing gas fields and one producing oil field, all located onshore in South Sumatra, Indonesia, MedcoEnergi said.

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Oil majors compete for Libya’s first exploration tender since 2011 war

Oil & Gas 360º

The sum will be partly used to develop companies such as Akakus, which operates Sharara — Libya’s largest oil field — in a joint venture that includes TotalEnergies, Repsol SA, OMV AG and Equinor ASA as well as Libyan state companies. The development of its north Jalo field alone would add 100,000 barrels. Waha Oil Co.,