KP Produces 30,000 Bpd of Crude Oil per Day
Wedoany.com Report-Dec 24,Similarly, the province produces 410 MMCFD of gas, which accounts for 13% of the national output. The province also produces 800 tons of LPG daily, representing 40% of the na...
Brazil Plans to Significantly Increase Oil Production by 2025
Wedoany.com Report-Dec 24,Brazils oil production is expected to reach 3.6 million barrels per day (bpd) in 2025, up about 6 per cent from an accumulated average of 3.4 million bpd this year through Oc...
Saipem Wins $900M EPCI Contract From Shell’s $5BN Offshore Project in Nigeria
Wedoany.com Report-Dec 24,Saipem, in a consortium with two Nigerian companies, has secured an offshore contract worth around $1 billion with Shell for a deepwater oil and gas project off the coast of ...
Oil Gains as Cooling US Inflation Points to Possible Easing
Wedoany.com Report-Dec 24,Oil prices rose on Monday as lower-than-expected US inflation data revived hopes for further policy easing, although the outlook for a supply surplus next year weighed on the...
Iraq Halts Oil Exports to Syria Amid Regional Instability
Wedoany.com Report-Dec 24,Iraq has suspended crude oil exports to Syria, citing regional instability, in a move that threatens to deepen Syrias fuel crisis, Iraqi officials said on December 22. The de...
Aker BP Gets Green Light for Drilling Ops in Norwegian Sea
Wedoany.com Report-Dec 23,The Norwegian Offshore Directorate has granted Aker BP two drilling permits for wildcat wells in the Norwegian Sea. The permits are for wellbore 6306/6-3 S in production lice...
Contract With ‘Prominent’ Oil & Gas Company Takes US Subsea Firm to West Africa
Wedoany.com Report-Dec 23,Houston-based subsea energy equipment and services specialist KOIL Energy Solutions, formerly Deep Down, is set to deliver subsea distribution manifolds to what it says is a ...
Venezuela Sends Crude to India in New Deal
Wedoany.com Report-Dec 23,A high-seas oil tango is back on between Venezuelas state oil company PDVSA and India’s Reliance Industries, rekindling a swap arrangement paused by U.S. sanctions. Thi...
Exploration Well Encounters 4 Oil Rich Reservoirs
Wedoany.com Report-Dec 23,Arrow Exploration Corp. (AXL:TSX.V; AXL:LSE) made a material discovery with its Alberta Llanos AB-1 exploration well on the Tapir block in Colombias Llanos basin, reported Au...
Pakistan Spent Rs. 430 Billion on Oil and Gas Exploration in Last 3 Years
Wedoany.com Report-Dec 23,The Senate Standing Committee on Petroleum, chaired by Senator Umar Farooq, held a meeting where petroleum officials provided a detailed briefing on oil and gas exploration a...