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World Oil News
(Bloomberg) – Dar Petroleum Operating Co. has resumed producing oil from a number of its wells in South Sudan after almost a year, people with knowledge of the matter said. Source
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Global Underwater Hub (GUH), the trade and development body which represents the UK’s £9.2 billion underwater industry, has published a white paper explaining its strategies to improve subsea cable systems for offshore wind projects. Source
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Kosmos Energy has produced first LNG at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania & Senegal. “We are looking forward to the accelerated ramp-up of LNG production and the first LNG cargo lifting,” Kosmos said. Source
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Oil and Natural Gas Corporation Limited (ONGC) and bp have signed a contract under which bp will serve as the Technical Services Provider (TSP) for the Mumbai High field, India’s largest and most prolific offshore oil field. Source
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Bluewater, a specialist energy private equity firm, has agreed to sell Apex International Energy, an independent E&P company focused on the prolific Egyptian upstream market. Apex has become a top ten producer in Egypt in less than two years from oil discovery. Source
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The Energy Workforce & Technology Council has released its monthly jobs report, analyzing employment trends within the U.S. energy services sector for January 2025. Source
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INEOS has selected ITT’s Svanehøj to supply CO₂ pumps for the onshore facility and the first LCO₂ carrier for Project Greensand in the Danish North Sea. The significant order further strengthens Svanehøj’s position in carbon capture and storage (CCS). Source
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Petro-Victory Energy has signed a sales & purchase agreement (SPA) in 50/50 partnership with Azevedo & Travassos Petroleo (ATO) for 13 oil fields located in the Potiguar Basin, onshore Brazil, from seller Brava Energia. Source
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Falcon Oil & Gas announced the completion the Shenandoah S2-2H ST1 stimulation in the Beetaloo Sub-basin, Northern Territory, Australia with joint venture partner, Tamboran. Source
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Bayswater Exploration and Production has entered into an agreement to sell assets in the Denver Julesburg Basin (DJ Basin) to Prairie Operating Company in a cash and stock transaction valued at approximately $603 million. Source
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