hydrocarbons | Egypt Oil & Gas
Neptune Energy Confirms Hydrocarbons Encountered at Calypso Well
In the Norwegian Sea, within the Neptune-operated PL938 License, the Calypso exploration well has discovered hydrocarbons, according to a press release from Neptune Energy and its license partners. Logs that had been ...
ExxonMobil Makes New Oil Discovery Offshore Guyana
ExxonMobil announced that it has made a new discovery at Longtail-3 in Guyana. The well is located approximately two miles south of the Longtail-1 well, according to a press release. The company elaborated that it enc...
Sonatrach, Equinor Signs MoU for E&P in Algeria
Sontarach company announced the signature of a Memorandum of Understanding (MoU) with its Norwegian partner Equinor company to find cooperation opportunities in the fields of exploration and production (E&P) of hy...
BP Strikes Oil in Gulf of Mexico
BP has made a new oil discovery at Green Canyon Block 821 in the Puma West prospect in the deep-water, US Gulf of Mexico, according to a statement. The well is located West of the BP’s Mad Dog field and about 131 mile...
Aramco’s Production Averages at 12.4 mmbbloe/d in 2020
Saudi Aramco achieved an average production of hydrocarbon of 12.4 million barrels per day of oil equivalent (mmbbloe/d) in 2020, of which 9.2 million barrels per day (mmbbl/d) were of crude oil. The company reached a...
Saudi Arabia Intends 1 mmbbl/d Reduction in Domestic Hydrocarbons Consumption
Saudi Arabia Energy Minister, Prince Abdulaziz bin Salman has recently announced that the kingdom targets slashing consumption of domestic liquid hydrocarbons by one million barrels per day (mmbbl/d) to be better used...
PETRONAS Launches Malaysia Bid Round 2021
PETRONAS company announced that it has successfully launched the Malaysia Bid Round (MBR) 2021 through a virtual event, under the theme “Grow Your Energy Portfolio With Us”, a relevant statement published on its websi...
NOC Achieves Revenues of $1.41 billion in January
The Libyan National Oil Company (NOC) has announced that it achieved a record level in its revenues during January 2021, estimated at $1.41 billion, a press release reported. On this occasion, the Chairman of the Boar...
