Exploration & Production
Rystad Energy: Big E&P spending still needed
Energy projects that need oil prices above US$60 per barrel in order to break even risk being uncommercial going forward, according to the Norwegian energy research firm Rystad Energy
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Petrofac to collaborate on global wells programme
Petrofac’s Engineering and Production Services division (EPS) has signed a well management contract under Maersk Drilling’s master alliance agreement with Seapulse Ltd, an exploration company
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Total enters Libya’s Waha Concessions
French major Total and Libya’s National Oil Corporation (NOC) have signed an agreement to implement Total’s participation in the Waha concessions, located in the Sirte Basin in Libya
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East Mediterranean may hold around 25 tcf of natural gas reserves
Based on currently available geophysical data, the Lebanese government estimates that the offshore oil and gas frontier areas in the East Mediterranean may hold around 25 tcf of natural gas reserves, though this has yet to be proven
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Gazprom Neft increases production in Iraq
Gazprom Neft subsidiary Gazprom Neft Middle East has produced its three-millionth tonne of oil since starting commercial production at the Sarqala field in the Kurdistan Region of Iraq (KRI)
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More Articles ...
- KCA Deutag wins land drilling contracts in Middle East, Africa and Europe
- ‘Iran’s giant oil discovery brings little benefit under US sanctions’
- US oil production growth heading for major slowdown, says IHS Markit
- South Sudan and Egypt sign agreement at South Sudan Oil & Power 2019
- Oil and gas discoveries Q3 2019: Egypt contains four, UAE holds three
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