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Malaysia's Petronas sees domestic oil, gas output peaking at 2 million boepd by 2024

Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration head said on Tuesday. About 60-70% of its production is natural gas and will remain so going forward, Adif Zulkifli, executive vice president & CEO upstream, said at the Energy Asia conference. "We continue to look for more gas portfolio, but of course, there is commitment in Malaysia, I think we need to continue to do some oil exploration to fill up our refineries," he added. ....

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Heirs Holdings Expands Oil and Gas Portfolio : Sierra Leone Concord Times


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Existing Production Capacity of 27,000 barrels of oil equivalent per day Estimated 2P Reserves of 1.2 billion barrels of oil equivalent
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Lagos, Nigeria, January 15, 2021
 – Heirs Holdings (“HH”), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company of Heirs Holdings and Transcorp), from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited and ENI. In addition, TNOG Oil and Gas Limited will have sole operatorship of the asset. ....

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DGAP-News: Heirs Holdings Significantly Expands Oil and Gas Portfolio


DGAP-News: Heirs Holdings Significantly Expands Oil and Gas Portfolio
vom 18.01.2021, 06:06 Uhr
Bild: pixabay.com
Heirs Holdings Significantly Expands Oil and Gas Portfolio
18.01.2021 / 06:06
Heirs Holdings Significantly Expands Oil and Gas Portfolio
- Acquires 45% of OML 17 from Shell, Total and ENI
- Existing Production Capacity of 27,000 barrels of oil equivalent per day Estimated 2P Reserves of 1.2 billion barrels of oil equivalent
- Estimated Additional 1 billion barrels of oil equivalent of further exploration potential
Lagos, Nigeria, January 15, 2021
- Heirs Holdings ( HH ), the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc ( Transcorp ), Nigeria s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% participating interest in Nigerian oil licence OML 17 and related assets, through TNOG Oil and Gas Limited (a related company ....

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