Angola Hopes to Stabilize Oil Production at 1.2 Million b/d in the Medium Term
Angola expects to stabilize oil production at the level of 1.2 million barrels per day in the medium term compared to the existing level of 1.15 million b/d, the Africa Oil+Gas Report portal reports with reference to the Director of production of the National Oil, Gas and Biofuels Agency (ANPG) …
Gazprom Neft to Support Developments by Russian Students for the Oil and Gas Industry
Gazprom Neft will support talented Russian students in developing their ideas to the level of ready-made technological solutions and products. At the Technological Entrepreneurship Forum in Innopolis, the company’s experts selected the most promising student initiatives for the oil and gas industry. The authors of the best ideas will refine …
In Komi, There is Spontaneous Oil Recovery at Old Wells
In the city of Ukhta, right on the street, they again found a source of oil. “Black gold” comes to the surface of the earth from old exploration wells. Other causes of the spill include squeezing out oily liquid due to groundwater movement, local media write. “In the pearl of …
Geological Risk on the Shelf of Kazakhstan Has Materialized
LUKOIL and KazMunayGas did not find oil in the Zhenis area. KazMunayGas did not find any hydrocarbons while drilling an exploration well within the framework of the Zhenis project on the shelf of Kazakhstan. However, the results of the work helped to clarify information about the structure of the subsoil …
Digital Geoportal Will Make Life Easier for Engineers and Topographers
Now there is no need to waste time collecting information and field trips. Orenburgneft (a subsidiary of Rosneft) has implemented software for the design, construction and maintenance of oil and gas facilities. The centralized geographic information system simplifies the creation of topographic plans and graphic applications for technical specifications for …
NOVATEK Reports Preliminary Operating Data for the Second Quarter and First Half 2023
PAO NOVATEK (“NOVATEK” and/or the “Company”) reported today preliminary operating data for the second quarter and first half 2023. In the second quarter 2023, NOVATEK’s hydrocarbon production totaled 158.9 million barrels of oil equivalent (boe), including 20.35 billion cubic meters (bcm) of natural gas and 3.0 million tons of liquids (gas condensate and crude …
U.S. Drilling Rig Count Rises For First Time in Ten Weeks
The number of operating oil and gas drilling rigs in the United States in the reporting week increased for the first time in the last 10 weeks. This was facilitated by the strongest increase in the number of active gas drilling rigs since October 2016. This was announced on Friday …
Iran Signs Contract For Joint Gas Field With Qatar
Iranian state company Petropars has been awarded a contract to build a large platform to be installed in the Belal gas field in the Persian Gulf near the maritime border with Qatar. At a ceremony on Sunday, the Iranian Offshore Engineering and Construction Company (IOEC) won the contract to build …
TotalEnergies and SOCAR Start Production as Part of the First Phase of the Development of the Absheron Gas Condensate Field in the Caspian Sea
The French company TotalEnergies together with SOCAR (State Oil Company of Azerbaijan) has started production as part of the first phase of the development of the Absheron gas condensate field in the Caspian Sea. “TotalEnergies and its partner in the project, SOCAR, announced the start of production as part of …
TotalEnergies Will Increase Gas Production in Algeria
The French oil and gas company TotalEnergies has entered into an agreement with the Algerian state-owned company Sonatrach aimed at increasing gas production in Algeria, according to a press release from TotalEnergies. The agreement covers gas production at the Tin Fouye Tabankort II (TFT II) and Tin Fouye Tabankort Sud …