Oil & Gas 360º

APRIL 10, 2025

Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (“PEL73”) and is the Company’s largest prospect to be drilled so far. The results of the Naingopo exploration well announced in January 2025 increased our confidence in the potential for Prospect I.

Exploration Well 130

Exploration Well Spud-in Petroleum Exploration and Production 130

Egypt Oil & Gas

MARCH 13, 2025

Omans Ministry of Energy and Minerals has signed an Exploration and Production Sharing Agreement (EPSA) with OQ Exploration and Production (OQEP) and Genel Energy to develop Concession Block 54 in Oman. Both companies have formalized a Joint Operating Agreement (JOA) to streamline operations within Block-54.

Exploration and Production 52

Exploration and Production Energy Energy Exploration Well 52

Iraq Business News: Oil & Gas

MAY 8, 2025

Genel Energy has issued a trading and operations update relating to Q1 2025. 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. By John Lee.

Energy 97

Energy Energy Exploration and Production Pipeline 97

Rigzone

JUNE 19, 2025

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).

Offshore 62

Offshore Exploration and Production Exploration Well Gas 62

Iraq Business News: Oil & Gas

MARCH 18, 2025

"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

Energy 66

Energy Energy Exploration and Production BBL 66

Oil Gas Leads

APRIL 29, 2025

Three key themes emerged from the update: major exploration success in the Gulf of Mexico, oil price commentary, and a demonstration of financial resilience. A key advantage: many of these discoveries are located near existing infrastructure, allowing BP to tie back new wells quickly and cost-effectively. billion (up from $1.2

Oil 52

Oil Exploration and Production Drilling rig Consulting 52

Rextag

APRIL 16, 2025

The Discovery: Far South Prospect BP, as operator (57.5%) alongside co-owner Chevron U.S.A. 42.5%), drilled the Far South exploration well in Green Canyon Block 584, located in the western Gulf of America approximately 120 miles off the coast of Louisiana. Refining margins have improved slightly, averaging $15.2 in Q4 2024.

Oil 52

Oil Upstream Exploration Well Barrel 52

Rextag

MAY 8, 2025

Below, we break down Q1 2025 reports from Equinor , BP , Hess , and Northern Oil and Gas (NOG) , with a side-by-side comparison of production and net income, and a clear snapshot of how they stacked up against Q1 2024. to 5 million tonnes/year Financial Snapshot Adjusted Operating Income: $8.65 TWh , the same as Q1 2024.

Exploration and Production 40

Exploration and Production Energy Energy Basin 40