Blog | MyPetroCareer

CNOOC begins production from Panyu oilfield, South China Sea

CNOOC and 80883 announce that Panyu 11-12 Oilfield/Panyu 10-1 Oilfield/Panyu 10-2 Oilfield Adjustment Joint Development Project has commenced production. The project is located in eastern South China Sea, with an average water depth […]

Totalenergies, Vantage Drilling create new joint venture

Vantage Drilling announced the creation of TEVA Ship Charter LLC (TEVA), a new JV entity with TotalEnergies, in line with the MOU terms described in previous announcements. Subsequent to the completion of the […]

Ekpo lists key achievements as Petroleum Minister

*Ekperikpe Ekpo – Highlights investments, industrial growth in Akwa Ibom Mkpoikana Udoma Port Harcourt — The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has outlined a series of significant achievements in […]

News

BP’s Greater Tortue project begins production from offshore fields

(Bloomberg) – BP Plc’s Greater Tortue Ahmeyim project started producing gas from offshore fields in Senegal and Mauritania, and both countries expect deliveries soon in a boost to economic growth. The $4.8 billion […]

Senegal sees record economic growth prompted by oil production, output

*bp vessel operating in waters offshore Senegal London – Senegal’s economic growth rate surged to a record in the third quarter as the West African nation began exporting oil, with the International Monetary Fund predicting […]

Eni starts Phase 2 production from Baleine field, offshore Ivory Coast

*Eni, Ivory Coast London — Energy supermajor Eni has announced it has successfully kicked off Phase 2 of the flagship Baleine field, offshore Ivory Coast. Said to be the largest discovery in the country and […]

Oil edges higher to close out 2024 as traders brace for surplus

(Bloomberg) – Oil edged higher in thin holiday trading, heading for a flat performance in 2024 as the market braces for a global surplus next year. West Texas Intermediate rose above $71 a barrel, having […]

Sinopec releases first sustainable development report in Algeria

China Petroleum & Chemical Corporation (Sinopec) has released the first sustainability report published by a Chinese company in Algeria, detailing its achievement in fulfilling economic, safety, environmental, and social responsibilities in the region and advancing […]

Ecopetrol acquires Repsol’s onshore Colombia asset to increase production by 7,000 bopd

Ecopetrol S.A. announces that they have successfully concluded negotiations with Repsol to acquire the remaining 45% of its stake in block CPO-09, located in the Meta department. With this transaction, Ecopetrol becomes the sole owner […]

‘Ample supply, slow demand to temper oil price gains in 2025’

*Oil prices – Brent price forecast cut for an eighth straight month-poll– Brent prices set for second straight annual decline– Global oil demand seen growing between 0.4 mln-1.3 mbpd in 2025 Bengaluru — Oil prices […]