Exploration & Production

Gazprom Neft expands oil production in Iraq

178492 b8ee946ec5e043659f39Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has commissioned a third production well at its Sarqala field in the Kurdistan Region of Iraq (KRI)

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Morocco awards operatorship of Lixus offshore licence to Chariot

35440893341 88a5d6c4f4 zUK-based Chariot Oil & Gas Limited has won a 75 per cent interest and operatorship of the Lixus offshore licence in Morocco

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E&P free cash flows soar to record-levels: Rystad Energy

rig 1061339 640The world’s publicly listed oil and gas companies saw their free cash flow (FCF) for public exploration and production (E&P) companies soared to almost US$300bn last year and 2019 could turn out to be another blockbuster year, according to an analysis by Rystad Energy

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Limited risk to oil majors’ investments from energy transition in medium term: GlobalData

15813242525 955da240ca zMajor oil and gas companies are pursuing major production growth projects but, according to GlobalData, a data and analytics company, the value risk to these investments from the energy transition is limited

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Eni announces new gas discovery offshore Egypt

35701059321 88cc6ca1cf zItaly’s oil and gas firm Eni has announced a new gas discovery under evaluation in the Nour exploration prospect, offshore Egypt

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