CNOOC Rises 23.7% YoY in Net Profit for Q1 2024
CNOOC Limited has reported its first quarter results of 2024, showcasing progress in oil and gas exploration, development, and operational efficiency.
News / International
Falcon Oil and Gas Announces Gas Sales Agreement with Northern Territory Government
Falcon Oil and Gas Ltd. has announced that the Beetaloo Joint Venture (BJV) has signed a binding agreement for a long-term Gas Sales Agreement (GSA) with the Northern Territory Government.
Enagas Reports 20% Increase in Q1 Net Profits in 2024
Spanish gas grid operator Enagas has announced its first quarter results of 2024, recording net profit of €65.3 million ($69.56 million), a 20% rise from €54.6 million reported in the same period last year.
Galp Energia Discovers Potential 10B Barrels of Oil in Namibian Field
Portuguese oil company Galp Energia has completed the initial exploration phase in the Mopane field off Namibia's coast, revealing promising estimates of up to 10 billion barrels of oil.
Oman Reaches 8 bcm of Natural Gas Imports, Total Domestic Production
Oman has reached 8.39 billion cubic meters (bcm) of total domestic production and import of natural gas until the end of February 2024, a 2% decline from the same period last year, when the total at that time reached 8.56 bcm.
SLB Surges in Profit by 14% in Q1 2024 Results
SLB has announced its first quarter results, achieving year-on-year 14% rise in profits, driven by higher oil and gas drillings in the Middle East and Asia which had offset decline in North America.
Iraqi Oil Minister Details Progress of Some Gas Projects
Iraqi gas is considered an energy source that can be relied upon in the future, stated Iraqi Oil Minister, Abdul Ghani, noting that the ministry has taken significant steps in the issue of gas investment to reduce its burning from various oil fields.”
Petrofac Secures $350M Technical Services Contract in Equatorial Guinea
Petrofac has secured a $350 million Technical Services Contract with Compañía Nacional de Petróleos de Guinea Ecuatorial (GEPetrol), the National Oil Company of Equatorial Guinea, to support the operation of the region's Block B asset.
