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“Facilities such as this will play an instrumental part in supporting marginal field production by facilitating crude exports and increasing revenue generation in Nigeria,” said the African Energy Chamber (AEC) in a statement. “As For Nigeria’s marginal fields, the terminal opens new doors for greater operational efficiency.
Iraq's Council of Ministers has endorsed the Joint Management Committee's decision on Artawi [Ratawi] oil field, awarding the contract for crude gas pipelines to China PetroleumPipeline Engineering (CPP) , with part of the work assigned to the State Company for Oil Projects (SCOP).
(World Oil) –MOL has discovered a new oil field near Somogysmson in Western Hungary. As a landlocked country, our oil supply is largely via pipelines and intermediaries, added Dr. Gyrgy Bacsa, COO of MOL Hungary. During the exploration drilling carried out in December 2024, oil was found at a depth of 1,250 meters.
The targeted nature of these strikes suggests a deliberate attempt to avoid major disruptions to international markets: the affected refinery and gas field serve Iran’s domestic consumption needs. Strategic Petroleum Reserve is depleted by 200 million barrels to 2021. Global oil stocks are below five-year averages, and the U.S.
Assisting in Field Operations: Engineering Technicians may work in the field alongside engineers to assist with the installation, operation, and maintenance of equipment. This can include drafting plans for equipment layout, pipeline systems, and other components of oil and gas facilities.
Minister of Petroleum and Mineral Resources Karim Badawi attended the General Assembly meeting of the Middle East Oil Tankage & Pipelines (MIDTAP) company to discuss its 2024 performance. The total volume of petroleum products traded on the company’s marine dock reached 4.7 million tons in 2024, compared to 1.6
Occidental Petroleum (Oxy), one of the largest producers in the Permian Basin, continues to refine its asset portfolio by divesting select non-core operations in West Texas. Infrastructure density—pipelines, SWDs, and roads—make it one of the most attractive yet competitive zones in North America.
Aminex reports that the process for the award of the Ntorya to Madimba Pipeline EPC contract is almost complete and the company expects to receive further news from the TPDC … Read More The post TANZANIA: Award of the EPC Contract for the Ntorya to Madimba Pipeline Expected Soon appeared first on oilnewsafrica.
Building a Cross-Canada NGL Corridor The deal includes a comprehensive set of assets—NGL extraction, fractionation, pipeline infrastructure, storage, and rail and truck terminals—located across Alberta, Saskatchewan, Manitoba, and Ontario, with some U.S. logistics components.
Minister of Petroleum and Mineral Resources Karim Badawi attended the general assembly meeting of Egypt Gas Company to approve and discuss its fiscal year results for 2024, praising its past years achievements across Egypt.
Greenwell expects to “bring an expanded pipeline of new wireline and completion technologies to market.” The units’ electrical power needs can be fed by an in-field electrical source. Esquibel, speaking about changes in his field, said that the biggest trend is “optimizing. The family also operates Underdog Rentals.
The Minister of Petroleum and Mineral Resources, Karim Badawi met with Jamal Essa Al-Loughani, Secretary-General of the Organization of Arab Petroleum Exporting Countries (OAPEC) to discuss ways to bolster Arab integration in the fields of oil, gas, and energy. He also plans to visit the Arab PetroleumPipelines Company (SUMED).
The Chairman of the Egyptian Natural Gas Company (GASCO) Yasser Salah El Din stated that the company is working on several strategic pillars of the Ministry of Petroleum and Mineral Resources (MoPMR), especially in meeting the gas needs of the local market and the country’s economic sectors. He highlighted that 1.9
This came during the general assembly meeting of the Middle East Oil Refinery (MIDOR), attended by the Minister of Petroleum and Mineral Resources, Karim Badawi, to discuss and review the companys fiscal year results in 2024.
In the first part of this series, we explored the massive pipeline projects that crisscrossed the U.S., Led the development of the Chad-Cameroon Pipeline and spearheaded deepwater drilling projects in the Gulf of Mexico. BP (British Petroleum) Central to the success of the BTC Pipeline, which diversified Europes oil supply routes.
HRT is directly connected to the Hardisty Diluent Recovery Unit, an innovative facility which separates diluent from raw bitumen prior to rail transportation, allowing for a competitive netback for upstream producers versus pipeline alternatives. The following table reconciles Field Operating Income to the nearest GAAP measure.
The meeting was held in presence of Minister of Petroleum and Mineral Resources Karim Badawi. GASTEC continued its efforts to supply natural gas to tourist and industrial areas and facilities located far from the natural gas pipeline network.
Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. The country’s first field began producing in 1958 at a rate of 5,100 BPD. That was formed in 1977 under the name National Nigeria Petroleum Company.
Occidental Petroleum & Ecopetrols Partnership: Occidental Petroleum (Oxy) continued to expand its Permian operations through a joint venture with Colombian oil company Ecopetrol. However, in late 2024, the Matterhorn Express pipeline came online, adding 2.5 Malo fields , increasing ultra-deepwater oil recovery in the Gulf.
Occidental Petroleums Acquisition of CrownRock Value: $12 billion Date: March 2024 Occidental acquired CrownRocks 70,000 acres in the Permian Basin, adding 50,000 boe/d to its production. It enhanced Conocos shale oil dominance, focusing on cost-efficient production and mature assets. Sunocos Acquisition of NuStar Energy Value: $7.3
Warren gifted UT-Arlington $12 million “to help elevate UTA to the forefront of the growing resource and energy engineering (REE) field,” the university said in a news release. In 2023, Warren made the largest single donation to his alma mater, the University of Texas-Arlington in the college’s history.
Set in the oil fields of West Texas, Landman is a modern tale of fortune-seeking amongst roughnecks and billionaires in the world of oil, as described by its network, Paramount Plus. Sheridan is known for penning razor-sharp, opinionated dialogue that sometimes courts controversy.
The Professional Petroleum Data Management Association (PPDM) provides a collection of standardised symbols to represent wellbores. Petroleum For data related to the petroleum industry and its activities, Shell has created an industry standard style, which is available for use in ArcGIS Pro.
Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders.
Gulf Keystone Petroleum (LSE: GKP) provided an operational and corporate update ahead of its AGM on Friday, reaffirming its 2025 production and financial guidance despite regional uncertainties. Regarding exports, Gulf Keystone continues to engage with government stakeholders to resume oil exports through the Iraq-Türkiye Pipeline (ITP).
Gulf Keystone Petroleum (GKP) today announced its results for the full year ended 31 December 2024. By John Lee. Shares were trading up more than two percent at lunchtime. Jon Harris (pictured), Gulf Keystone's Chief Executive Officer, said: "2024 was a year of strong operational and financial delivery for Gulf Keystone. bbl (2023: $40.9/bbl)
Chevron Pipelines Company , et al., for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property.
Chevron Pipelines Company , et al., for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property.
Chevron Pipelines Company , et al., for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property.
Leaders of oil and gas producers as well as pipeline companies characterized the sudden decline sparked by US President Donald Trumps global tariffs and OPECs surprise decision to revive output more quickly than expected as more of a shock reaction than a reflection of actual supply-and-demand imbalances.
In a statement on Saturday, the Ministry said it has called on Kurdistan authorities to hand over the produced quantities from operational fields to the State Oil Marketing Organization (SOMO) to begin exports via the Iraq-Turkey pipeline and Ceyhan Port, under contracts signed with the nominated companies.
Section 6 of the Order revoked TransCanada Keystone Pipeline, L.P.’s s March 2019 permit to construct and operate cross-border pipeline facilities at the U.S.-Canada Critical to the success of this project is TC’s attainment of a Presidential Permit allowing the company to construct a pipeline that crosses the border between the U.S.
Section 6 of the Order revoked TransCanada Keystone Pipeline, L.P.’s s March 2019 permit to construct and operate cross-border pipeline facilities at the U.S.-Canada The Keystone Pipeline is a system of petroleumpipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S
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