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The document outlines a framework for how the energy companies might work together and assess a range of technical data. Ever since the civil war, which led to a slump in Libya’s production by about 18-fold to around 100,000 bpd in 2011, output has been volatile. The North African nation has pumped about 1.2 million to 1.3
(World Oil) – The strategic merger between Repsol Resources UK and NEO Energy is complete, in a deal that will create one of the largest producers on the UK Continental Shelf (UKCS). The combined group has been renamed NEO NEXT Energy Limited. offshore Repsol-NEO merger stakeholders UK Continental Shelf
(Oil & Gas 360) – HOUSTON , June 17, 2025 /PRNewswire/ — Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced its enhanced corporate strategy designed to position the Company as a leading pure-play offshore exploration and production company.
Oil & Gas 360 – Landmark 30 th Anniversary EnerCom Denver – The Energy Investment Conference Announces Energy Transition and Emerging Technology Session Schedule Qualified Investors and Analysts Can Register at No Cost at www.enercomdenver.com DENVER – July 31, 2025 – EnerCom, Inc.,
In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas. In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas.
(Oil & Gas 360) – Register for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025 , featuring a broad group of public and private energy companies at www.enercomdenver.com at The Westin Denver Downtown.
is pleased to announce that Ron Gusek, CEO of Liberty Energy and Amerino Gatti, Executive Vice President of Oilfield Services & Equipment for Baker Hughes have been confirmed as keynote speakers at EnerCom Denver – The Energy Investment Conference. (Oil The conference is free for qualified investment professionals.
(Oil & Gas 360) – Publisher’s Note: Advantage Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. HOUSTON, July 22, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. About Amplify Energy Amplify Energy Corp.
Alex Procyk July 31, 2025 Photo from Yinson Holdings Berhad Azule Energy starts production from Agogo FPSO offshore Angola Key takeaways Azule Energy started production from the Agogo FPSO offshore Angola. The Agogo FPSO has a production capacity of 120,000 b/d of oil. Topside and marine systems are fully electric.
(Oil & Gas 360) – Five Nuclear Companies to Present at EnerCom Denver – The Energy Investment Conference Qualified Investors, Analysts and Energy Industry Professionals Can Register at No Cost at www.enercomdenver.com DENVER – July 23, 2025 – EnerCom, Inc., uranium mining and production.
Alex Procyk July 25, 2025 2 min read Carnarvon Energy Ltd. · Carnarvon will identify an exploration target offshore WA after completing Bedout Mega Merge seismic reprocessing. · Carnarvon will identify an exploration target offshore WA after completing Bedout Mega Merge seismic reprocessing. Carnarvon Energy Ltd.
Austin, Texas (May 28, 2025) — Enverus, the most trusted energy-dedicated SaaS company that leverages generative AI across its solutions, successfully concluded its annual EVOLVE Conference, held May 12–15 in Houston, Texas. From AI-powered trading to clean fuel strategies, our attendees are not just adapting to change—they’re leading it.”
They directed their capital to cheaper oil production, and favored U.S. The switch has improved oil output productivity at Imperial’s Kearl oil sands mine by 20% since 2023, the company said. An oil sands mine has big initial start-up costs but once it is operational, it can run for decades with very low production decline rates.
(Oil & Gas 360) – Publisher’s Note: Mach Natural Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. The combined consideration for both transactions is approximately $1.3
(Oil & Gas 360) – Publisher’s Note: Zephyr Energy will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Register to attend. million fundraise comprising a £9.8 million Placing and £0.7 million at the Issue Price of 3.0
“These technologies meet the precision standards required by the Bureau of Land Management and ensure that all mineral owners receive their fair share” It estimates up to $1.8 billion in industry savings annually under the updated regulations.
EVOLVE 2025 brought together leading voices across energy trading, analytics and clean fuels to unpack today’s most pressing market dynamics. Embed Analytics Talent Where the Decisions Happen More energy companies are embedding analysts directly into pricing, FP&A and marketing, not isolating them in standalone data teams.
Production from the first well was delivered safely, on time and to budget. Michael Zechner, Managing Director of Harbour’s Norway Business Unit, commented: “Maria Phase 2 builds on Harbour’s track record of developing high return, short cycle projects using existing infrastructure. Already a member?
1, 2025 3 min read Key Highlights Chevrons Permian basin production exceeded 1 MMboe/d. Total global capex decreased by $500 million in first-half 2025, net production increased slightly to 3.4 Total global capex decreased by $500 million in first-half 2025, net production increased slightly to 3.4 Geert De Lombaerde Aug.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now.
(World Oil) – The American Petroleum Institute today joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. Outer Continental Shelf as a secure source of affordable, reliable energy.
Brent Crude $72.24 -0.37% Natural Gas $3.12 -0.57% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Australia's Cue Energy Posts Lower Production by Jov Onsat | Rigzone Staff | Wednesday, July 30, 2025 | 5:54 AM EST Cue Energy, which produces oil and gas in Australia, Indonesia and New Zealand, reported a quarterly output of 148,300 boe.
This bearish sentiment is amplified by OPEC+’s larger-than-expected 548,000 bpd production hike for August and an IEA warning of inventories accumulating at a rate of 1 million bpd. The post Valor | Energy Connection – July 21, 2025 appeared first on Oil and Gas Outsourcing and Mineral Management. year low of 422.
July 29, 2025 4 min read Rystad Energy Floating vs. onshore LNG utilization rates Floating liquefied natural gas (FLNG) terminals are increasingly making their mark on the global LNG market, with projections from Rystad Energy indicating that their capacity could triple by 2030. million tpy recorded in 2024.
(Oil Price) – As if WTI oil prices in the low $60s per barrel aren’t enough to slow production growth at America’s top producing shale basin, the Permian, new guidelines for permitting saltwater disposal wells could raise the costs for operators, especially smaller producers with limited resources.
Woodside Energy) in support of the Trion deepwater oil and gas development offshore Mexico. Under the agreement, Expro will provide industry-leading tubular running services (TRS) and cementing services for what will be Mexico’s first deepwater oil production facility – a major milestone in the region’s energy evolution.
July 28, 2025 Map from BW Energy, June 2025 investor presentation BW Energy said it was preparing to spud the Kharas appraisal well in this year’s second half in the northwest corner of Kudu. BW Energy is the operator of the license with a 95% working interest ( OGJ Online, Jan. with Rhino Resources Ltd. tcf of gas (P 50).
“Drilling of ‘Ain Dar began in 1948, with production starting in 1951 at an extraordinary rate of 15,600 barrels per day (bpd) of ‘dry oil’- which contains only a small amount of basic sediments,” the story noted. We’d love to hear from you, join the conversation on the Rigzone Energy Network.
The combined entity, NEO NEXT Energy Ltd., is 55 percent owned by European energy investor HitecVision and 45 percent by Repsol E&P Group. Repsol E&P is 75 percent owned by Spanish integrated energy company Repsol SA and 25 percent owned by the United States’ EIG Global Energy Partners.
Woodside will assume operatorship of the offshore Bass Strait production assets, the Longford gas plant, the Long Island Point gas liquids processing plant, and associated pipeline infrastructure, the company said in a release July 29. Woodside and ExxonMobil Australia each hold 50% participating interest in the GBJV and 32.5%
court ordering Argentina to hand over the 51% stake it holds in state energy firm YPF has cast a shadow over the country’s plans for its huge Vaca Muerta shale formation and hopes to return to global markets. 4 for shale oil, into a key global energy-producing region that would help bring in foreign currency needed to prop up the economy.
Alex Procyk July 23, 2025 Map from TotalEnergies Key takeaways TotalEnergies has started production from the Begonia and CLOV Phase 3 projects offshore Angola. Total production from the projects is 60,000 b/d. Total production from the projects is 60,000 b/d. Photo from TotalEnergies. 3, 2021 Map from TotalEnergies.
Digital oilfield advances have transformed many facets of the energy enterprise, yet when it comes to partner data sharing, the industry is stuck in a rut. Let’s explore the P2P platform and the all-new Foundations and Advanced subscriptions giving non-ops more ways to work with P2P datasets, visualize assets, and forecast production.
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.
Dallas, lifted their full-year production target by about 1%. The operators oil production climbed 7% from the first 3 months of this year while natural gas production rose about 3% to nearly 517 MMcfd. Gas production is expected to be about 495 MMcfd. Geert De Lombaerde July 23, 2025 3 min read Matador Resources Co.
Image by Philipp Pelka via iStock DNO ASA said it has completed its acquisition of Sval Energi Group AS from HitecVision for cash consideration of $450 million based on an enterprise value of $1.6 Sval Energi CEO Halvor Engebretsen will lead the enlarged North Sea business as the managing director for DNO Norge AS, according to the release.
holds a key weapon in its massive shale energy output. oil-and-gas exploration stocks amid the recent tensions. To expand US critical mineral supplies, Chevron will leverage its drilling expertise and utilize advanced direct lithium extraction (DLE) technologies for future production. Shale’s ability to add 4.2
Every year billions of barrels of Produced Water (PW) are generated from oil and gas production around the world. Most of this water goes back into the producing formations via injection wells as part of IOR and EOR programs to get more production from ageing fields. As fields age, they generate higher water to oil ratios.
Findings from economic geographer Bent Flyvbjerg, editor of The Oxford Handbook of Megaproject Management (Oxford University Press, June 2017), confirm a stark reality: Out of a database of 16,000 projects, only 8.5 A new approach to stress testing helps keep them on track. percent met their cost and schedule targets, and a mere 0.5
For engineers and project managers across the Texas energy landscape, the core challenge remains the same: how to maximize the recovery of valuable products, meet stringent quality specifications, and maintain cost-effectiveness. It is a masterpiece of thermal efficiency, designed to maximize cooling with minimal energy input.
Northern Lights will integrate TGS’ Prediktor Data Gateway into its digital system to enhance management of the full CO 2 value chain, from the receiving terminal to permanent storage. This agreement strengthens the ongoing cooperation with Equinor by integrating cutting-edge technology to optimise field operations. Already a member?
These critical components are set for integration on the Errea Wittu Floating Production Storage and Offloading (FPSO) unit; the fifth vessel supporting development within the Stabroek Block, led by one of the industry’s most active deepwater operators. The project, approved in April 2023 with an estimated investment of US12.7
Natural gas development delivers real, measurable benefits for Pennsylvania communities – driving job creation, powering economic growth and strengthening energy security,” said Jim Welty, president of the Marcellus Shale Coalition. Emergency Management Agency and Pa. State agencies, including the Pa.
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