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Oil Gas Risk Management Industry Projected to Gain Significant Value by (2023-2030)

New Jersey, United States,- The latest report published by MR Accuracy Reports indicates that the Oil Gas Risk Management Market is likely to accelerate strongly in the coming years. Analysts have studied market drivers, restraints, risks, and opportunities in the global market. The Oil Gas Risk Management Market report shows the likely direction of the market in the coming years along with its estimates. An accurate study aims to understand the market price. By analyzing the competitive landscape, the authors of the report have made excellent efforts to help readers understand the key business tactics that major companies are using to maintain market sustainability.

Jadestone Energy completes final oil, gas drilling campaign offshore Malaysia

(WO) –Jadestone Energy plc, an independent upstream oil and gas production company focused on the Asia-Pacific region, announced that the final well in the company’s 2023 East Belumut drilling campaign offshore Peninsular Malaysia has now been completed. The overall program has delivered results significantly ahead of expectations.

Global Upstream Energy Update 2023

Increased activity levels are bolstering the premium pool
The premium base has increased due to the influx of constructions this year compared to the previous four or five years. This is due to a more stable oil price at US$80-90 levels, compared to the COVID-19 level of US$30-35. During the preceding low oil price environment, many projects were delayed but we have seen project activity restart over the last year, as governments are increasingly focussing on domestic energy security.

Libyan Oil Minister: International oil companies are exploiting lax security for better contract terms

Libya’s Oil and Gas Minister, Mohammed Oun, has accused some international oil companies (IOCs) operating in Libya of taking advantage of lax security in the country’s restive oil regions caught in fighting bouts since 2011, slacking off in implementing their development plans and seeking better contractual terms.