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Bureau of Labor Statistics (BLS), the Texas Independent Producers and Royalty Owners Association (TIPRO) has highlighted new employment figures showing an increase in upstream employment in Texas in the month of May. This represented an increase of 600 jobs in the services sector and 1,600 jobs in oil and gas extraction.
Tanzania plans to launch in May its fifth oil and gas licensing round for 26 exploration blocks in what will be the East African countrys first such bidding round since 2014.
Image by Moussa81 via iStock New data from the Texas Workforce Commission indicate that upstream oil and gas employment climbed by 2,200 in May compared to April, and by 7,300 jobs through the first five months of 2025. percent increase and an average growth of 875 jobs per month.
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.
billion in deepwater oil and gas exploration and development offshore Nigeria, the local regulator, the Nigerian UpstreamPetroleum Regulatory Commission (NUPRC), has said. supermajor ExxonMobil plans to invest as much as $1.5
Rebalancing IOCs Positioning in the UpstreamPetroleum Sector in Iraq The Ministry of Oil (MoO) recently concluded an agreement with BP covering four main oilfields in Kirkuk , following an earlier contract with an unidentified Ukrainian company to resume development of the Akkas gas field.
“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 upstreampetroleum unit in the Namibian Presidency, said in a reply to questions.
(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.
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.
This move marks EOG’s first major acquisition since its 2016 purchase of Yates Petroleum. Implications for the Wider M&A Market This transaction is significant not just for EOG, but for the entire upstream M&A landscape. Key takeaways: EOG re-enters M&A with a $5.6B The company plans to fund the acquisition with $3.5
Minister of Petroleum and Mineral Resources, Karim Badawi, met with Randy Neely, CEO of Capricorn Energy PLC, and Eleanor Rowley, the company’s Managing Director in Egypt, in the presence of Salah Abdel Kerim, Chairman of the Egyptian General Petroleum Corporation (EGPC).
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.
Improved fiscals introduced through Nigeria’s Petroleum Industry Act in 2021 further enticed investments by both international and regional players. A marginal field bidding round was launched in 2020 to entice indigenous operators to invest in marginal field opportunities, drawing in 591 companies seeking to develop 57 oilfields.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industry’s companies, investors, analysts, and industry leaders. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. NSAI) Netherland, Sewell & Associates, Inc.
A Production Engineer in the oil and gas industry plays a critical role in managing and optimizing the production of hydrocarbons from oil and gas reservoirs. Reservoir Pressure Management: Managing reservoir pressure through techniques like water or gas injection to enhance production rates and recovery.
Prime Minister Mostafa Madbouly held a meeting to discuss various industry-related matters of significant importance with the Minister of Petroleum and Mineral Resources Karim Badawi, Minister of Finance Ahmed Kouchouk, and other Egyptian officials.
(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).
An Engineering Technician in the oil and gas industry plays a crucial role in supporting engineers and other professionals in various technical tasks related to the exploration, extraction, and processing of oil and gas. Documentation: Keeping accurate records is essential in the oil and gas industry.
The current rules were written for a different era” The American Petroleum Institute welcomed the proposal. MORE FROM THIS AUTHOR Jov Onsat Editor OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX! POST A COMMENT Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone.
Supported by the Kuwait Oil Company and Kuwait Integrated Petroleum Industries Company , these official platforms will individually bring together over 500 senior decision-makers, 40+ expert speakers, and 50+ global and regional solution providers. Learn more at: www.kuwaitoilandgasdigitaltransformation.com | www.aipsmkuwait.com
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.
(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.
Oil & Gas data the billions of data points collected across operationsis poised to become the most critical asset in your portfolio. Oil and gas companies gained flexibility and reduced infrastructure costs, but the software was generalized and required extensive customization to meet industry-specific needs.
“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 upstreampetroleum unit in the Namibian Presidency, said in a reply to questions. OIL, GAS & ENERGY NEWS STRAIGHT TO YOUR INBOX!
The presenting company lineup as of June 18, 2025, includes: Advantage Energy (TSX: AAV) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry.
Egypt Oil and Gas (EOG) Group has launched the fourth edition of She Is Energy Event on April 15, 2025 at Triumph Luxury Hotel. She also emphasized the vital role of the Women in Energy Network among the petroleum sector. The Workshop was technically prepared by Egypts Women in Energy Network which is a part of the EOG Committee.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
Petroleum engineering is a critical field that blends creativity and technological competence in today’s energy-intensive environment. But what is petroleum engineering, and how will it influence the future? The post Petroleum Engineering: Key Concepts, Practices, and Careers appeared first on PetroSync Blog.
with ConocoPhillips, Diamondback Energy and Occidental Petroleum cumulatively spending more than $85 billion on assets since 2020 and more than $140 billion including Occidentals 2019 acquisition of Anadarko Petroleum. In addition to finally adding oil-focused inventory, EOG will have add significant gas exposure.
All in all, were looking at refining margins for the first-quarter of this year that are better than 2024, even as upstream margins weaken and the industry at large expresses concern over a cooling global oil demand outlook. In other words, refiners are minting money on the crack spread.
The petroleum industry produces hydrocarbon, which becomes difficult to develop by the use of an offshore platform, through the subsea production system (SPS). SPS is known to be an economical way to bring hydrocarbons to the surface.What is the petroleum industry?The
As part of its ongoing efforts to attract investment in its upstream oil and gas sector, Egypt has announced a new bidding round for the South Fayoum exploration block located in the Western Desert. The post Egypt Launches Bid Round for Promising South Fayoum Exploration Block first appeared on Egypt Oil & Gas.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
(Oil & Gas 360) –Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industryleaders! Qualified investment professionals and oil and gas company executives may register for the conference at no cost.
The Society of Petroleum Engineers' Oilfield Scale Symposium has become recognised as one of the world's leading gatherings for industry professionals and academics involved in the development, implementation and monitoring of controls applied to mitigate oilfield scale in upstream oil and gas production.
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.
According to a statement from the Ministry, the amended contract includes provisions on gas production and expected financial returns for the remaining life of the project, but no details were provided. Source: Ministry of Oil) The post Gazprom Signs Amendment to Badra Oilfield Service Contract first appeared on Iraq Business News.
(Oil & Gas 360) – Join us as we celebrate three decades of bringing together the energy industrys companies, investors, analysts, and industry leaders! The presenting company lineup as of May 21, 2025, includes: Advantage Energy (TSX: AAVVF) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp.
On the sidelines of the 10th Annual Powering Africa Summit held in Washington, Minister of Petroleum and Mineral Resources Karim Badawi met with his American counterpart Chris Wright, US Secretary of Energy. This was after the participation of major American companies such as ExxonMobil and Chevron into the upstream domain in Egypt.
Deputy Minister for Upstream Affairs, Bassem Mohammed Khudair, stated that the Ministry will move forward with negotiations to reach a final contract in line with Iraq's oilfield development plans. Hayan Abdulghani Al-Sawad. The HOA is not legally binding.
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