The 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
Exploration & Production
Limited risk to oil majors’ investments from energy transition in medium term: GlobalData
Major 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
Eni announces new gas discovery offshore Egypt
Italy’s oil and gas firm Eni has announced a new gas discovery under evaluation in the Nour exploration prospect, offshore Egypt
Eni and Qatar Petroleum partner for Morocco’s oil and gas blocks
Eni and Qatar Petroleum have signed a farm-out agreement, enabling Qatar Petroleum to acquire a 30 per cent participating interest in Tarfaya Offshore Shallow Petroleum agreement, which comprises 12 exploration blocks in the offshore of Morocco
US to lead global oil supply growth over the next five years: IEA
The US will drive global oil supply growth over the next five years thanks to the remarkable strength of its shale industry, according to the annual oil market forecast by the International Energy Agency (IEA)
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