Equatorial Guinea, OPEC’s smallest member, has turned to commodity trading companies for prepayment deals on oil and liquefied natural gas to help finance a revival of domestic hydrocarbon production.
Pakistan’s state-owned Oil and Gas Development Company Limited (OGDCL) on Tuesday said it had made an oil and gas discovery at its exploratory well Baragzai X-01 in the Khyber Pakhtunkhwa Province, which would boost domestic supply and Pakistan’s energy security.
Libya and Russia have held talks aimed at strengthening cooperation in the oil and gas sector. Khalifa Rajab Abdul Sadiq, Libya’s Minister of Oil and Gas, met with the Russian Ambassador to Libya, Aidar Aganin, in Tripoli on Monday.
Turkey’s state energy company is in talks with Chevron to jointly explore for oil and gas, according to a Turkish official familiar with the discussions.
A breakthrough has been achieved in Khyber Pakhtunkhwa’s oil and gas sector, as Oil and Gas Development Company Limited (OGDCL) has announced the discovery of new oil and gas reserves in the province. This development is expected to support Pakistan’s energy needs and have a positive impact on the local economy.
A delegation from the National Petroleum Authority (NPA), led by its Chief Executive Officer, Edudzi Tameklo, paid a working visit to the Tema Oil Refinery (TOR) last Thursday to assess progress and verify compliance following the Authority’s approval for the refinery to resume full operations.
Oil and Gas Development Company Limited (OGDCL), one of Pakistan’s largest exploration and production (E&P) companies, has discovered oil and gas reserves at the Baragzai X-01 (Slant) exploratory well in District Kohat, Khyber Pakhtunkhwa.
Baker Hughes Co. said it sees providing power generation equipment for crude production in Venezuela as its biggest immediate growth opportunity.
ADNOC Gas has signed a long-term liquefied natural gas sales and purchase agreement with Hindustan Petroleum Corporation Limited, strengthening energy ties between the UAE and India as Asian LNG demand continues to grow.
An appraisal well has confirmed Vår Energi ASA’ Zagato oil discovery in the Goliat area on Norway’s side of the North Sea, with preliminary estimated recoverable resources of 21-25 million barrels of oil equivalent (MMboe), the Norwegian Offshore Directorate (NOD) said.