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bp, Shell sign deals for Libya exploration and redevelopment

Oil & Gas 360º

bp, which has pivoted away from its failed low-carbon strategy to focus more on fossil fuels, signed a memorandum of understanding to study reviving two huge oil fields in Libya, it said in a statement on Tuesday. We hope to apply bp’s experience from redeveloping and managing giant oil fields around the world.”

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EnerCom announces Liberty Energy and Baker Hughes as Keynote Speakers at the 30th annual EnerCom Denver – The Energy Investment Conference, August 17-20, 2025

Oil & Gas 360º

Institutional investors, portfolio managers, family offices, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now for EnerCom Denver at www.EnerComDenver.com. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry.

Energy 130
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Oil Review Middle East - Untitled Article

Oil Review Middle East

The area includes 17 gas fields at water depths ranging from 300 to 1,200 m. WDDM Phase XI The Phase XI development of the Burullus gas field involves the tie-in of three subsea twin deep-water natural gas wells.

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Namibia considers incentives to expedite TotalEnergies’ offshore development

Oil & Gas 360º

(World Oil) – Namibia will offer financial incentives to help kick-start the development of oil fields managed by a group led by TotalEnergies, according to a special adviser in the presidency. But the explorers have also hit dry wells, prompting them to write off drilling costs as they learned more about the fields.

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

Total industry GVA encompasses the following sectors: mining and quarrying, manufacturing, electricity, gas, steam, and air conditioning supply, as well as water supply, sewerage, waste management, and remediation activities. In addition, most of Europe’s depleted oil and gas fields are located at sea. percent in 2030 to 35.0

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Valor | Energy Connection – June 23, 2025

Valor

Summary : While an Iranian closure of the Strait of Hormuz, where 20% of world petroleum passes, could push oil to triple digits, the U.S. The laws authorize DPS to inspect cargo tanks and increase theft penalties, with fines reaching up to $100,000 for the illegal transport or purchase of petroleum. So does the U.S.

Energy 52
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Getting a Line on Wireline

Permian Basin Oil and Gas Magazine

Vertice management said that the acquisition enhances Vertices’ ability “to support wireline service providers and E&P companies with innovative tools and integrated solutions, and broadens its presence across unconventional oil and gas markets.” The units’ electrical power needs can be fed by an in-field electrical source.

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