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BP approved on Thursday the development of the Ginger natural gas project offshore Trinidad and Tobago, which will be one of the ten major new projects that the UK supermajor promised to start up by 2027. Production is
by Andreas Exarheas | Rigzone Staff | Monday, June 30, 2025 | 6:54 AM EST Wood Mackenzie reveals who was crowned the 'most admired upstream explorer' in the company's latest Annual Exploration Summit Survey. “Drilling around existing infrastructure has a role to play but these prospects are not sufficient.
billion in deepwater oil and gas exploration and development offshore Nigeria, the local regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has said. Exxon sold last year its onshore assets to local firm Seplat Energy, but is committed to offshore exploration and development in the country.
BP said on Thursday that its Cypre development offshore Trinidad and Tobago delivered first gas, as yet another project started up since the supermajor reset its strategy to shift focus back to oil and gas.
Brent Crude $66.90 +0.65% Natural Gas $3.69 -2.62% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS CNOOC Announces Seventh Upstream Startup in Chinese Waters This Year by Jov Onsat | Rigzone Staff | Monday, June 09, 2025 | 3:37 AM EST Weizhou 5-3 is expected to reach a peak output of about 10,000 bpd next year. feet) deep. feet) deep.
“The government recognizes the complexities and high costs associated with the development of the Venus oil field by TotalEnergies,” Kornelia Shilunga, special adviser and head of upstream petroleum unit in the Namibian Presidency, said in a reply to questions.
TotalEnergies adquirió 25% de participación operativa en 40 concesiones offshore de Chevron en EE.UU., TotalEnergies ha anunciado la adquisición del 25% de participación operativa en una cartera de 40 concesiones federales offshore en Estados Unidos , previamente operadas por Chevron.
Image by Emiliano Ortiz via iStock Italy’s Eni SpA and Argentina’s YPF SA have signed an agreement to build a liquefaction facility to enable the export of natural gas from the Vaca Muerta field in the South American country. The capacity is planned to grow to up to 30 million tons per annum (MMtpa) by 2030.
(Oil Price) –BP said on Thursday that its Cypre development offshore Trinidad and Tobago delivered first gas, as yet another project started up since the supermajor reset its strategy to shift focus back to oil and gas. First gas from Ginger is expected in 2027.
Logistics management in the oil and gas industry plays a critical role in ensuring safe, timely, and cost-effective movement of materials, equipment, and personnel across upstream, midstream, and downstream operations. Crude & Gas Transport : Railcars, barges, tanker trucks, and pipeline scheduling.
” Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles. 3D supported Sark well will drill a dip and fault closed large structure of 156 acres area and 40 ft relief Estimated recoverable resources of 1 440 000 bbls of oil gross. Already a member?
“The government recognizes the complexities and high costs associated with the development of the Venus oil field by TotalEnergies,” Kornelia Shilunga, special adviser and head of upstream petroleum unit in the Namibian Presidency, said in a reply to questions. OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
In natural gas processing, the purity of the gas stream isn’t just a preference — it’s a fundamental requirement. Before natural gas can embark on its journey through pipelines and into homes and industries, it must be meticulously stripped of impurities, particularly liquids and solids.
As the country strives to produce two million bpd, projects of this nature will support new investments by providing a direct route from offshore fields to market.” However, with the terminal, the company stands to reduce the reliance on costly offshore floating stations, reducing overall operational costs by 40%.
(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar. NSAI is pleased to announce it is hosting a two-day session in Dallas on May 5 th and 6 th.
(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted its highly regarded Oil & Gas Property Evaluation Seminar. NSAI is pleased to announce it is hosting a two-day session in Dallas on May 5 th and 6 th.
For the past 30 years, EnerCom Denver has been the largest independent investor conference for the global oil and gas and broadening energy industry that is open to all energy companies, investors, and professionals to participate. This year’s conference will occur August 17-20, 2025, at T he Westin Denver Downtown.
Oil and Gas 360 April 28, 2023 For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. NSAI) has hosted a series of highly regarded oil and gas property evaluation seminars. The firm asks that you pass this information on to colleagues whom you think may benefit from attending.
(Oil & Gas 360) – Register for EnerCom Denver – The Energy Investment Conference, August 17-20, 2025 , featuring a broad group of public and private energy companies at www.enercomdenver.com at The Westin Denver Downtown.
Huntsville, Alabama, USA – June 26, 2011: Close up of illuminated bp sign at gas station in Huntsville, Alabama. This discovery in the deepwater Gulf of America/Gulf of Mexico underscores how bp is in action to step up investment in exploration and strengthen its upstream portfolio under the strategy reset announced in February 2025.
(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. Momentum is already building across Libyas energy industry, with several upstream developments demonstrating the countrys renewed focus growth and investment.
upstream growth, driven by advantaged assets like the Permian Basin, is central to the companys long-term performance. Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 billion in Q1 2024.
Woodside Energy) in support of the Trion deepwater oil and gas development offshore Mexico. Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles. Please upgrade your browser to improve your experience. Please sign in or register for free.
Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Each sector has distinct activities and focuses on specific aspects of the overall oil and gas supply chain. What is oil and gasupstream midstream downstream?
This report analyzes upstream oil and gas production trends over the last three years, based on data from Rextag Energy DataLink. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output. MMBBL 193 BCF Analysis: Hilcorp leads in gas production but is less significant in oil output.
Este pozo se contempl como el ms grande descubrimiento de gas en la historia del pas sudamericano, lo que garantiza la seguridad energtica en Colombia La empresa colombiana Ecopetrol y la compaa brasilea Petrobras, informaron del resultado exitoso de nuevas pruebas de formacin en el pozo Sirius-2 para comprobar sus reservas.
British oil and gas producer BP said on Friday that reported upstream production in the first quarter is expected to be lower compared to the previous quarter.BP
Adura, which will be equally owned, combines the two companies’ offshore assets in the UK, where Shell currently produces over 100,000 barrels of oil equivalent a day (boed) and Equinor about 38,000 boed. “It will also retain the hydrogen, carbon capture and storage, power generation, battery storage and gas storage assets.
Please upgrade your browser to improve your experience. Please sign in or register for free. Benefits include Access to locked videos & articles Downloadable white papers Full website access Register for free » Get started now for absolutely FREE, no credit card required. Already a member?
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. News & World Report and Best Lawyers “Best Law Firms” 2023 survey ranked Haynes Boone in National Tier 1 in Oil & Gas Law.
Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas Gets New Block offshore Suriname by Jov Onsat | Rigzone Staff | Thursday, June 19, 2025 | 7:53 AM EST The new acreage lies next to Petronas' Block 52, which contains the Fusaea, Roystonea and Sloanea discoveries.
The Calgary-based oil sands developer, which also explores for and produces oil and gasoffshore, produced 853,200 bpd upstream and sold 604,900 bpd of refined products in Q1.
Shell aumenta su participacin en la plataforma Ursa del 45.3884% al 61.3484%, dejando a BP Exploration & Production con el 22.6916% y a ECP GOM III con 15.96% Las subsidiarias de Shell: Offshore Inc. Con estas acciones, su participacin en esta obra petrolera pasa del 45.3884% al 61.3484%, dejando a BP Exploration & Production Inc.
Mento is one of bps 10 major projects expected to start up worldwide between 2025 and 2027 that bp announced earlier this year as part of its strategy to grow the upstream.
June 16, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Iran’s gas field saw partial shutdown but Strait of Hormuz flows remained uninterrupted. Read more European gas prices rise with Middle East conflict intensifying Summary : European gas prices rose 2.4%
Austrian oil and gas firm OMV has signed an agreement with Lukoil Gulf Upstream, a subsidiary of Russias Lukoil, to divest its stake in a sour gas development offshore the United Arab Emirates (UAE)
“We look forward to engaging with Interior to leverage new technologies to support more efficient and responsible oil and natural gas production on federal lands”, the lobby group’s upstream policy vice president, Holly Hopkins, said in a statement. All comments are subject to editorial review.
EnerCom Denver is the largest independent investor conference for the global oil and gas industry and broadening energy industry that is open to all energy companies, investors, and professionals to participate. Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
Este pozo se contempl como el ms grande descubrimiento de gas en la historia del pas sudamericano, lo que garantiza la seguridad energtica en Colombia La empresa colombiana Ecopetrol y la compaa brasilea Petrobras, informaron del resultado exitoso de nuevas pruebas de formacin en el pozo Sirius-2 para comprobar sus reservas.
The Project Greensand partners - diversified British company INEOS, London-based Harbour Energy PLC and Danish national oil and gas company Nordsøfonden - expect the ship and the other CCS components to become fully operational by the end of 2025 or early 2026. To contact the author, email jov.onsat@rigzone.com What do you think?
(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. These efforts reflect a broader trend across the continent, where NOCs are leaning on foreign partnerships to advance oil and gas production.
Austrian oil and gas firm OMV has signed an agreement with Lukoil Gulf Upstream, a subsidiary of Russias Lukoil, to divest its stake in a sour gas development offshore the United Arab Emirates (UAE)
(World Oil) – In a bid to bolster investment and competitiveness within Africa’s oil and gas sector, national oil companies (NOCs) in Nigeria and Angola are progressing with long-anticipated initial public offerings (IPOs).
Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Equinor Offered Another CO2 Exploration License in Norwegian North Sea by Jov Onsat | Rigzone Staff | Thursday, June 19, 2025 | 5:32 AM EST EXL014 will be the fourteenth license to be awarded for CO2 storage on Norway's continental shelf.
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