Gazprom Dobycha Nadym Received the Right to Use the Subsoil of the East Kharasaveysky Block
The Federal Agency for Subsoil Use granted Gazprom dobycha Nadym a license to use the subsoil of the East Kharasaveysky block. The document provides for geological study, exploration and mining of minerals in the promising territory of the Yamal Peninsula. The right to use was re-registered from PJSC Gazprom and …
Naftogaz Launched Two More Wells
The state gas production company Ukrgasdobycha, part of the Naftogaz of Ukraine group, launched two more wells, which increased production by 430,000 cubic meters of gas per day, said Oleksiy Chernyshov, head of the board of Naftogaz. “JSC Ukrgasvydobycha, which is part of the Naftogaz group, has launched two high-yield …
Equinor Mobilizes Hercules Semi-Submersible Platform to Drill a Well Offshore Canada
SFL Corporation has entered into a Canadian drilling contract with Equinor. The company announced it on August 14, 2023. Contract details: contract value – USD 100 million per well + option for 1 additional well; drilling rig – semi-submersible drilling rig Hercules; drilling start date – 2 sq. 2024; duration …
Gazprom Neft Highly Appreciated Seismic Exploration in Orenburg Region
TNG-Group carried out field seismic exploration for Gazprom Neft ahead of schedule. The research was carried out at the Yagodny site in the Orenburg region. The Devon news agency learned about this from the materials of the press service of the oil service company. In the shortest possible time, 200 …
NOVATEK Will Join the Former Joint Venture With TotalEnergies to Its “Daughter”
LLC NOVATEK-Tarkosaleneftegaz announced that it plans to take over AO Terneftegaz (the former joint venture between NOVATEK and France’s TotalEnergies). According to data for 2021, Terneftegaz produced 2.6 billion cubic meters. m of gas and 754 thousand tons of liquid hydrocarbons (condensate), and NOVATEK-Tarkosaleneftegaz – 16.6 billion cubic meters of …
Oil Production in Nigeria Fell by 12% in July
In July, crude oil production in the African country fell by 12.56% to 1.29 million b/d (in June it was 1.48 million b/d). Business Day, citing data from the Nigerian Oil Regulatory Commission, says that one of the main reasons for the decline is the temporary closure of the Forcados …
Shell and Chevron are Leaving, but Indonesia Hopes to Double Gas Production
Indonesia hopes that the recent withdrawal of companies from two long-delayed gas projects will give a boost to their development. The country’s leadership wants to double gas production by 2030, to 12 billion cubic meters. foot per day. The Masela and IDD projects, whose total cost is estimated at $27 …
The US Banned Arctic Drilling
U.S. Federal Court Suspends Work in Arctic National Wildlife Refuge, U.S. Department of Foreign Affairs Prepares New Report on Environmental Impact of Drilling Activities A U.S. federal judge stopped the start of work needed for oil and gas drilling on the coastal plain of the Arctic National Wildlife Refuge (ANWR), …
Iran’s Daily Oil Production to Rise to 3.5 Million by End of Summer
Iran’s crude oil production will rise to 3.5 million barrels per day by September 22, 2023, the managing director of the National Iranian Oil Company (NIOC) said on Wednesday. Mohsen Hojastemer made the announcement while speaking to reporters on the occasion of National Journalists’ Day. Saying that Iran was producing …
British Oil and Gas Company Tullow Will Focus on Production Assets in Africa
Tullow, an oil and gas company based in Tullow, Ireland and headquartered in London, said it has received approval from the Gabon government to extend several of its licenses in Gabon until 2046. Tullow’s activities in Gabon include exploration, development and production. The license extension adds value to Tullow’s resource …