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Australia's Cue Energy Posts Lower Production

Rigzone

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.

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Analyst Says 'Uncertainties Remain' at BP Bumerangue Find

Rigzone

“We are excited to announce this significant discovery at Bumerangue, BP’s largest in 25 years,” Gordon Birrell, BP’s executive vice president for production and operations, said in that release. BP highlighted in the release that it drilled exploration well 1-BP-13-SPS to a total depth of 5,855 meters (19,209 feet).

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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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Genel Energy issues Trading and Ops Update

Iraq Business News: Oil & Gas

Paul Weir, Chief Executive of Genel, said: " In line with expectations, the Tawke PSC continues to deliver consistent, reliable production and generate significant cash flow even at the discounted domestic sales prices.

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Petronas Gets New Block offshore Suriname

Rigzone

Image by Leonid Andronov via iStock Malaysia’s national oil and gas company has expanded its footprint in Suriname with the signing of a production sharing contract (PSC) for a deepwater block next to several discoveries. Petronas plans to start gas production 2031 if Sloanea 2 proves to be a commercial success. square miles).

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Genel Energy: Tawke delivering "Significant Cash Generation"

Iraq Business News: Oil & Gas

"For new assets, we will seek both to increase that footprint in Oman, and also acquire assets in other preferred jurisdictions that we have identified as attractive to Genel, with a focus on adding production assets that increase the cash generation and resilience of the business, and provide potential for further growth. "In EBITDAX1 1.1