Category: Operations

Libya set to open last oil field in push to 1 MM barrel daily output

(Bloomberg) –Libya is set to restart the last of its major oil fields following a ceasefire in its civil war, a milestone for the OPEC member that’s been largely...

Solar becoming the new king of the world’s electricity markets

“I see solar becoming the new king of the world’s electricity markets. Based on today’s policy settings, it is on track to set new records for deployment every...

BP starts Oman’s giant Ghazeer gas field

LONDON: BP started production at Oman’s giant Ghazeer natural gas field in Oman which is set to underpin the company’s oil and gas output for years even as...

Apache Corporation production in Egypt reach 435,000 BOE per day

Posted second-quarter reported production of 435,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes Egypt’s noncontrolling interest...

(IMO) would carry out a mandatory audit to all its Member States

The International Maritime Organization (IMO) would carry out a mandatory audit to all its Member States, in order to broadly and objectively evaluate the effectiveness...

All seven Turkish gas wells drilled in East Med uneconomic

Istanbul — All seven of the gas wells drilled to date by Turkey in the East Mediterranean have proven to be uneconomic, Turkey’s energy minister Fatih Donmez...

Ankara believes first gas from Black Sea can be delivered by 2023

Donmez said in the interview that Ankara had no plans for TPAO to take on an international partner to help develop the Sakarya gas field in the Black Sea. However, he...

EGAS 6 new agreements with investments of 731 million dollars

EGAS announced today that, they are in procedures for signing 6 new agreements with investments of 731 million dollars. in fiscal year 2019/2020 5 agreements have been...

Libya’s NOC lifts force majeure on oil in ports without fighters

Libya’s state-owned NOC said it has lifted force majeure measures from “safe” fields and oil terminals but will retain these restrictions for assets...

Eni, new gas discovery in the “Great Nooros Area”, Mediterranean Sea

Eni, new gas discovery in the “Great Nooros Area”, Mediterranean Sea 16 September 2020 – Eni (as the Operator of the Block) and bp announce a new gas discovery in...