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billion contract to Strategic Storage Partners, LLChardly a household nameto manage the Strategic Petroleum Reserve (SPR)Americas emergency stash of crude oil. After a transition period, Strategic Storage Partners will take over from the current SPR management firm, Fluor Federal Petroleum Operations (FFPO) on June 15, 2025.
India, the world’s third-largest crude oil importer, which depends on imports for about 85% of its daily consumption, considers building three new sites to raise its strategic petroleum reserves. Currently, India’s underground Strategic Petroleum… In case of exigencies, we will be better prepared,” Jain said. “In
When the new NNPC management visited me, I increased their oil production target to 2.5 million bpd from the initial two million barrels given to them by the President, Nigerias petroleum resources minister, Heineken Lokpobiri told the Sun on the sidelines of the Oil Technology Conference Africa Energy Forum.
Natural Gas $3.63 -0.14% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS PTAS Aker Solutions Secures Contract Extension with Brunei Shell Petroleum by Paul Anderson | Rigzone Staff | Tuesday, June 10, 2025 | 2:28 AM EST The contract involves maintenance and upgrades to sustain production levels across offshore assets in the South China Sea.
(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. TotalEnergies and Shell Plc in 2022 made the first in a series of finds off the coast of the southwest African nation.
This would add to costs, small independent producers and petroleum engineers tell Reuters. After all, if produced water cannot be managed, oil can’t be produced.” The water-to-oil ratio in the Permian is much higher than in other basins. Potentially higher costs of saltwater disposal would be yet another headwind to U.S.
(World Oil) – The American Petroleum Institute today joined more than 100 other energy trade groups and organizations in urging the Department of the Interior to develop a new five-year offshore leasing program that fully leverages the U.S. Outer Continental Shelf as a secure source of affordable, reliable energy.
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.
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now. Meetings are limited to buy-side principals, portfolio managers, CIOs, and securities analysts. Companies continue to be added to the schedule daily.
The focus on Libya, a member of the Organization of the Petroleum Exporting Countries (OPEC), comes as the North African nation tries to bring back oil majors that left. We hope to apply bp’s experience from redeveloping and managing giant oil fields around the world.”
Image by Redhuan Ramli via iStock EnerMech Limited has secured a three-year contract with Dana Petroleum Limited for Offshore Shutdown Support Services for the Triton floating, production, storage, and offloading (FPSO) vessel. Under the agreement, EnerMech will incorporate its own System Integrity Management (SIMPro) software.
International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operational results and related managements discussion and analysis (MD&A) for the three months ended March 31, 2025.
The go-to energy conference, EnerCom Denver offers investment professionals the opportunity to listen to theworlds leading executive management teams outline their investment strategies. For the investment community, the EnerCom Denver conference provides top-level access to oil and gas company executive management teams.
TORONTO, April 28, 2025 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) will publish its financial and operating results and related managements discussion and analysis for the three months ending 31 March 2025, on Tuesday, May 6, 2025 at 07:30 CET, followed by an audiocast at 09:00 CET.
rp-squared brings its industry-leading expertise in delivering collaborative workshops focused on performance consulting, competency development, and knowledge management, also provides a range of drilling and well related courses through drillers.com. ” Said Dave Taylor, Managing Director at rp-squared.
Dana Petroleum has operated the Triton FPSO since 2012, playing a key role in the region’s energy landscape since oil production began in 2000. Securing this long-term partnership with Dana Petroleum is a testament to our technical capabilities, innovation, and ability to deliver value across the full lifecycle of an asset.
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.
It also opens new horizons for export to foreign markets, capitalizing on the growing global demand, especially with the petroleum sector having the technical and logistical components needed for success. The project aims to meet the local demand expected for this type of green fuel over the next few years.
The post Petroleum Leaders Inspect Zohr Fields Subsea Cable in Norway first appeared on Egypt Oil & Gas. During his visit, Khafagy reaffirmed that the Zohr Field is a national project and one of Egypt’s most important natural gas fields, continuously being developed to enhance production.
Khalda Petroleum Company Chairman Saeed Abdel Moneim reviewed the most important performance indicators and targets for the next fiscal year (FY), indicating that it is planned to invest approximately $1 billion during FY 2024/25. The post Khalda Petroleum Investments to Reach $1B in 2024/25 first appeared on Egypt Oil & Gas.
Houston-based Evolution Petroleum said last week it agreed to acquire non-operated oil and natural gas assets in New Mexico and Louisiana for $9 million. Evolution said the assets will be managed by a top-tier private operator. Closing is expected in 3Q.
Houston-based 1PointFive, subsidiary of Occidental Petroleum, said Tuesday that JPMorganChase purchased 50,000 metric tons of carbon dioxide removal credits over 10 years enabled by direct air capture. STRATOS is under construction in Ector County in Permian Basin. STRATOS is under construction in Ector County in Permian Basin.
Calgary, Alberta – TheNewswire – (May 29, 2025) Tenth Avenue Petroleum Corp. The associated managements discussion and analysis (MD&A) and unaudited interim financial statements for the three months ended March 31, 2025, [Read more]
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 Petroleum Pipeline Engineering (CPP) , with part of the work assigned to the State Company for Oil Projects (SCOP). By John Lee.
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
Under the patronage of Minister of Petroleum and Mineral Resources Karim Badawi , the workers at the Abu Madi site in the Nile Delta celebrated the golden jubilee marking 50 years of oil and gas contribution to the region.
“With Malaysia being one of the world’s largest oil and gas hubs, we have partnered with Integrated Petroleum Services Sdn Bhd to expand world-class training solutions to our customers in Malaysia and the Southeast Asia region,” the company said in that release.
Yours truly will be holding three panel sessions and two fireside chats at the event with Hardeep Singh Puri, India's Honorable Minister of Petroleum and Natural Gas, and Chris Ashton, Chief Executive Officer of Worley. The three panels will include distinguished industry thought leaders. To follow The Oilholic on Twitter click here.
“These technologies meet the precision standards required by the Bureau of Land Management and ensure that all mineral owners receive their fair share” It estimates up to $1.8 The current rules were written for a different era” The American Petroleum Institute welcomed the proposal.
The meeting was attended by Karim Badawi, Minister of Petroleum and Mineral Resources; Mahmoud Esmat, Minister of Electricity and Renewable Energy; and Ahmed Kochouk, Minister of Finance. Prime Minister Mostafa Madbouly held a meeting to follow up on a number of topics related to Egypt’s energy portfolio.
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register. The conference allows investors unparalleled networking opportunities, including one-on-one meetings with company management teams. About EnerCom, Inc.:
The permit change finalizes the transition of operational control from APA Corporation —which had previously acquired the asset through Callon Petroleum —to Spirit O&G Operating LLC , led by longtime industry executive Todd Guest. miles on US-87 N, turn right, continue 0.4 miles on US-87 N, turn right, continue 0.4
Midland College has the Advanced Technology Center (ATC) and Petroleum Professional Development Center (PPDC). Industrial Technology Program : Focuses on manufacturing practices and processes, preparing students for roles such as process technology management, manufacturing processes, and maintenance and operations.
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.
Petroleum oil reservoir is like hidden treasure lies deep beneath the Earth’s surface, holding valuable reserves of oil and natural gas. What Is A Petroleum Reservoir? A petroleum reservoir, which is a [.] The post Oil Reservoir: Key Insights into Exploration and Management appeared first on PetroSync Blog.
Occidental Petroleum (NYSE: OXY) has showcased a strategic shift in its 2025 operational and financial approach, emphasizing efficiency and disciplined capital management. The company’s Q1 2025 results reflect this transition, marked by reduced capital expenditures, optimized drilling activities, and significant debt reduction.
The workshop was opened by a keynote speech of Eleanor Rowley, Managing Director Egypt at Capricorn Energy and Egypts Women in Energy Network Lead, highlighting the importance of this event and its objective. She also emphasized the vital role of the Women in Energy Network among the petroleum sector.
billion contract to manage and operate the U.S. Strategic Petroleum Reserve for an extendable five years. The DOE awarded Strategic Storage Partners a $1.4-billion
The go-to energy conference, EnerCom Denver offers investment professionals the opportunity to listen to theworlds leading executive management teams outline their investment strategies. For the investment community, the EnerCom Denver conference provides top-level access to oil and gas company executive management teams.
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now. NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. About EnerCom, Inc.:
Date Download Center Engineering Technician Contact Lists Download detailed list of Engineering Technician that work in the Oil & Gas industry Buy List Now The specific duties can vary depending on the company and the stage of the oil and gas production process, but here are some common responsibilities: Skills: Petroleum, Natural Gas, Gas, Upstream, (..)
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register. The conference allows investors unparalleled networking opportunities, including one-on-one meetings with company management teams. About EnerCom, Inc.:
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register. The conference allows investors unparalleled networking opportunities, including one-on-one meetings with company management teams. About EnerCom, Inc.:
Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register. The conference allows investors unparalleled networking opportunities, including one-on-one meetings with company management teams. About EnerCom, Inc.:
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