Fields With Gas Reserves of 372 Billion Cubic Meters Will be Put Up for Auction in the Yamalo-Nenets Autonomous Okrug
These plans will be implemented over the next two years. Large gas fields of the Nurma group in the Yamalo-Nenets Autonomous District are planned to be put up for auction. Estimated trading dates are in 2023-2025. Plans for the sale of sites are specified in the licensing program for hydrocarbon …
Dutch SBM Offshore Completes Funding for FPSO Project Alexandre de Gusmão in Brazil
SBM Offshore, a group of companies headquartered in the Netherlands, announced the signing of an agreement to finance the Alexandre de Gusmão FPSO project for a total of $1.615 billion. SBM Offshore designs, builds, installs and operates offshore platforms for the oil and gas industry. The project is financed by …
IEA Forecasts Oil Production Growth in Azerbaijan in 2024-25
The International Energy Agency (IEA) predicts an increase in oil production in Azerbaijan in 2024-2025 to 570,000 barrels per day (bpd). The IEA told Interfax-Azerbaijan that according to the agency’s estimates, in 2023 oil production in the country will amount to 520,000 barrels per day. In 2024, production will increase …
Samotlorneftegaz Increased the Level of Rational Use of Associated Petroleum Gas to 99%
Samotlorneftegaz, which produces an asset of NK Rosneft, in 2022 brought the level of useful use of associated petroleum gas to a historical maximum of 99%. This is one of the best indicators in the industry. Increasing the efficiency of production assets is one of the key elements of the …
NOVATEK Will Use Its Own Gas in a New LNG Project
NOVATEK’s new liquefied natural gas (LNG) project in the Murmansk region, consisting of three lines with a capacity of 6.8 million tons each, which became known at the end of May, will use gas from the company itself, and not from Gazprom. Leonid Mikhelson, the largest co-owner and chairman of …
TNNC Creates Digital Core Research Technologies
Specialists of the Tyumen Oil Research Center (part of the research and design unit of Rosneft), together with the non-state development institute Innopraktika, continue to work on the creation of digital core research technologies. The corporate software complex “RN-Digital Core” is designed to study the properties of rocks through mathematical …
International Climate Experts Praise SPD Digital Project
The climate experts of the member countries of the Eurasian Economic Union recognized the Salym Petroleum Development (SPD) project as one of the best digital solutions in the field of decarbonization and environmental protection. The program for improving the energy efficiency of the key facilities of the Salym fields became …
New Natural Gas Field Discovered in Australia
The NED-1 well is located in the northern part of the Perth Onshore Basin, approximately 8.3 km southeast of the Lockyer Deep-1 natural gas field. Source
It is Planned to Start Developing 4 Oilfields in the Irkutsk Region
The governor of the Irkutsk region I. Kobzev and the CEO of the company Russian Coal of Siberia O. Kharlamov signed a cooperation agreement for the development of 4 deposits in the Angara region. The signing of the agreement took place within the framework of SPIEF-2023. The company is going …
“Trust” Bought Shares of Ruspetro Enterprises in Khanty-Mansi Autonomous Okrug
The bank announced a settlement agreement for 24 billion Bank of non-core assets “Trust” acquired the shares of the companies “Inga” and “Trans-Oil”. Both organizations were part of the Ruspetro group and became bankrupt in 2020. The press service of the bank announces the signing of a settlement agreement and …