Oil & Gas 360º

MARCH 6, 2025

Meanwhile, Enis offshore drilling campaign in Libyas Sirte Basin is set to be one of the most closely watched exploration programs in 2025, with four exploration wells in the pipeline. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

Exploration and Production 130

Exploration and Production Oil Field Offshore 130

Iraq Business News: Oil & Gas

MAY 8, 2025

We addressed the maturity of our bond debt by calling the old bond and issuing a new $100 million bond, thereby increasing available cash and putting in place a capital structure that can provide funding towards delivery on our strategic objectives, regardless of whatever uncertainties may face the business at the macro-economic level.

Energy 97

Energy Energy Exploration and Production Pipeline 97

Iraq Business News: Oil & Gas

MARCH 18, 2025

Despite drilling no new wells this year, gross production from the Tawke PSC has been maintained at consistent levels. Three wells that were drilled last year, but not completed due to the closure of the pipeline, were brought onstream mid-year to meet demand from domestic traders.

Energy 66

Energy Energy Exploration and Production BBL 66