(IN BRIEF) TotalEnergies has signed an agreement extending the Waha oil concessions in Libya until the end of 2050, establishing new fiscal terms that support increased production and future investment. Signed during the Libya Energy & Economy Summit in Tripoli, … Read the full press release →
Posted in Business, Energy, Gas & Oil, France, Industrial, Infrastructure & Utilities, Investment
Tagged Abdul Hamid Dbeiba, barrels of oil equivalent, ConocoPhillips, energy investments, Libya, Libya Energy and Economy Summit, long-term concessions, National Oil Corporation, North Gialo field, oil production, Patrick Pouyanné, TotalEnergies, TotalEnergies Extends Waha Oil Concessions to 2050 to Support Production Growth in Libya, TotalEnergies Reinforces Long-Term Presence in Libya with Waha Concession Extension, upstream energy, Waha concessions, Waha Oil Company
(IN BRIEF) bp has announced a new oil discovery at the Far South prospect in the deepwater Gulf of America. Located in Green Canyon Block 584, about 120 miles off Louisiana’s coast, the exploration well—drilled to a depth of 23,830 … Read the full press release →
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Andy Krieger, barrels of oil equivalent, BP, bp exploration program, Chevron, Chevron U.S.A., Constellation field, deepwater exploration, exploration wells, Far South, February 2025 strategy reset, Green Canyon Block 584, Gulf of America, Miocene reservoirs, offshore drilling, oil and gas, oil discovery, oil reserves, partnership, strategic growth, sustainability, U.S. energy, U.S. Gulf Coast, upstream production
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