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bp, Shell sign deals for Libya exploration and redevelopment

Oil & Gas 360º

Separately, a Shell spokesman confirmed the company has signed a MOU with NOC “to study potential opportunities in the country’s oil and gas sector.” The focus on Libya, a member of the Organization of the Petroleum Exporting Countries (OPEC), comes as the North African nation tries to bring back oil majors that left. million to 1.3

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BP-Eni JV makes major gas discovery offshore Angola

Oil & Gas 360º

(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. The country aims to boost its current oil production of about 1.1

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Al-Sisi Discusses Energy Security, Exploration Activities with Badawi

Egypt Oil & Gas

President Abdel Fattah Al-Sisi held a meeting with Prime Minister Mostafa Madbouly, and Karim Badawi, Minister of Petroleum and Mineral Resources. The meeting addressed the state’s efforts to secure citizens’ needs for petroleum products and provide natural gas to various state sectors, especially the electricity sector.

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Badawi Discusses Natural Gas Investment Plans with bp

Egypt Oil & Gas

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 meeting also addressed the company’s upcoming exploration plans in its Mediterranean concession areas.

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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

TIPRO’s new workforce data indicated strong job postings for the Texas oil and natural gas industry, although May data showed a decline in overall unique postings compared to the previous month. The leading three cities by total unique oil and natural gas job postings were Houston (2,064), Midland (546) and Odessa (398), said TIPRO.

Gas
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US DOI Proposes Easing Regulations on Onshore Commingled Production

Rigzone

“Those savings would give operators the ability to reinvest in new energy production, helping drive domestic energy development while reducing the need for duplicative infrastructure”, the DOI said. The current rules were written for a different era” The American Petroleum Institute welcomed the proposal.

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Badawi Rallies Diplomatic Support to Boost Energy Sector Investment

Egypt Oil & Gas

Minister of Petroleum and Mineral Resources Karim Badawi met with ambassadors at the Ministry of Foreign Affairs’ headquarters, where he stressed his full commitment to collaborating with them to attract foreign and expatriate Egyptian investors, as well as open new avenues for Egyptian companies to expand internationally.