
bp Discovers Oil and Gas at King Mariout Block, Offshore Egypt
bp plans to reach the target oil and gas reservoir of the King Mariout Block in Egypt by the end of this month.
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bp plans to reach the target oil and gas reservoir of the King Mariout Block in Egypt by the end of this month.
Libya’s Minister of Oil and Gas, Dr. Khalifa Abdulsadek, outlined plans for expanding refining capacity, gas utilization and financing for key energy projects during the closing session of the Libya Energy & Economic Summit.
Waha Oil Company currently produces 360,000 barrels of oil per day from the Sirte and Murzuq Basins in Libya.
Libya’s Oil & Gas Minister outlined plans to boost production to 1.6 million BPD in 2025 and 2 million BPD long-term, with brownfield development and local investment at the core, during the Libya Energy & Economic Summit.
Prime Minister Abdulhamid Al-Dbeibeh, Minister of Oil and Gas Dr. Khalifa Abdulsadek, NOC Acting Chairman Massoud M. Suleman, and OPEC Secretary General Haitham Al Ghais headlined the Libya Energy & Economic Summit, emphasizing international collaboration and Libya’s growing energy influence.
In an exclusive interview with Energy Capital & Power, Josu Jon Imaz, CEO of Repsol, shares insights on the company’s production growth strategy, a nine-well exploration drilling campaign and its involvement in Libya’s upcoming bid round.
The oil production increase represents Libya’s highest output level since 2013.
Sirte Oil and Gas Production and Processing Company – a subsidiary of Libya’s state-owned National Oil Corporation – has drilled the C353H horizontal well in the Zelten oil field in
Unite Oil & Gas entered the Congolese oil and gas sector in November 2024 by signing a Memorandum of Understanding with ARIES Energies, focusing on the development and optimization of mature fields.
Seplat Energy has expanded its upstream portfolio in Nigeria following the acquisition of ExxonMobil’s onshore assets.