Remove Government Remove Petroleum Remove Upstream
article thumbnail

Rebalancing IOCs Positioning in Iraq's Upstream Petroleum Sector

Iraq Business News: Oil & Gas

Rebalancing IOCs Positioning in the Upstream Petroleum 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. By Ahmed Mousa Jiyad.

article thumbnail

Namibia considers incentives to expedite TotalEnergies’ offshore development

Oil & Gas 360º

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.

Offshore 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

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. The highest percentage of advertised salaries (28 percent) were in the $90,000 to $350,000 range.

Gas 130
article thumbnail

Nigeria’s GEIL exports first crude from new onshore terminal

Oil & Gas 360º

GEIL has since received regulatory approval from the government to boost production to 30,000 bpd under a revised field development plan. The government has long-sought to revive crude production through the development of marginal fields. By March 2025, the facility began injecting crude, with GEIL’s production averaging 5,000 bpd.

Field 130
article thumbnail

Netherland, Sewell & Associates, Inc. (NSAI) to host its Oil & Gas Property Evaluation Seminar in Dallas, Texas May, 5-6, 2025

Oil & Gas 360º

(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. is a worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. About NSAI Netherland, Sewell & Associates, Inc.

Gas 130
article thumbnail

Netherland, Sewell & Associates, Inc. (NSAI) to host its Oil & Gas Property Evaluation Seminar in Dallas, Texas May, 5-6, 2025

Oil & Gas 360º

(Oil & Gas 360) – April 22, 2025 – For over 25 years, global petroleum consultancy Netherland, Sewell & Associates, Inc. is a worldwide leader of petroleum property analysis to industry and financial organizations and government agencies. About NSAI Netherland, Sewell & Associates, Inc.

Gas 130
article thumbnail

African oil giants advance IPO plans to attract investment

Oil & Gas 360º

The Nigerian National Petroleum Company (NNPC) has announced it is in the final stages of preparing for its IPO, as mandated by the Petroleum Industry Act of 2021. The IPO is expected to enhance transparency, improve corporate governance and attract both domestic and international investors to Nigeria’s oil and gas industry.

Oil 130