RN-Vankor: Discovers the Novoognennoye Field with Reserves of 20m Tons of Oil
RN-Vankor, which is part of the oil and gas production complex of NK Rosneft, has discovered a new field on the border of the Krasnoyarsk Territory and the Yamalo-Nenets Autonomous District. The recoverable reserves of the Novoognennoye field have been put on the state balance sheet and amount to over …
OPEC Daily Basket Price: Thursday, 23 July 2020, Stood at $44.62 a Barrel
Vienna, Austria, 24 July 2020–The price of OPEC basket of thirteen crudes stood at $44.62 a barrel on Thursday, compared with $44.24 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …
NOVATEK Shipped First LNG Cargo to Japan via Northern Sea Route
PAO NOVATEK announced today that NOVATEK Gas & Power Asia Pte. Ltd., a wholly owned subsidiary, shipped the first cargo of liquefied natural gas (“LNG”) from the Yamal LNG project to Japan transported eastbound via the Northern Sea Route. The LNG cargo was delivered by the LNG tanker “Vladimir Rusanov” under a …
OPEC Daily Basket Price: Wednesday, 22 July 2020, Stood at $44.24 a Barrel
Vienna, Austria, 23 July 2020–The price of OPEC basket of thirteen crudes stood at $44.24 a barrel on Wednesday, compared with $44.29 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …
Gazprom Neft Becomes the First Company in Russia’s Oil and Gas Industry to Provide FAI Glavgosekspertiza with a 3D Simulation of Surface Facilities
In a first-ever event for Russia’s oil and gas industry, Gazprom Neft has provided a proposal on oilfield surface facilities for review by Glavgosexpertia Russia in digital format — a 3D information model of a cluster-pad (well-pad) at Gazpromneft-Nopyabrskneftegaz’s Ety-Purovskoye field being submitted in addition to design documentation and the outcomes of engineering surveys. This 3D cluster-pad model reflects the local terrain, as well as the configuration of engineering …
OPEC Daily Basket Price Stood at $44.29 a Barrel Tuesday, 21 July 2020
Vienna, Austria, 22 July 2020–The price of OPEC basket of thirteen crudes stood at $44.29 a barrel on Tuesday, compared with $43.03 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …
OPEC Daily Basket Price Stood at $43.03 a Barrel Monday, 20 July 2020
Vienna, Austria, 21 July 2020–The price of OPEC basket of thirteen crudes stood at $43.03 a barrel on Monday, compared with $43.22 the previous Friday, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …
Gazprom Neft and Shell Launch Joint Project for Development of a Major Hydrocarbon Cluster on Gydan Peninsula
Gazprom Neft and Shell have signed an agreement to establish a joint venture to study and develop the Leskinsky and Pukhutsyayakhsky license blocks on the Gydan Peninsula. Following completion, the partners will each have a 50% interest in the capital of the joint venture. The joint venture will be managed by Gazprom Neft and Shell on a parity basis. Closing of the transaction …
Regular Meeting of the TATNEFT’s Board of Directors Held
The regular Board of Directors meeting of PJSC TATNEFT chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Kazan on June 20, 2020. The Board of Directors considered results of the budget execution for the first half of 2020 and approved the budget for August of …
Hardbanding Essentials Webinar – 5th of August – Sign Up Now!
Postle Industries would like to invite you to attend an informational Webinar on “Hardbanding Essentials”. Anyone interested in learning the basics of protecting oil & gas drill pipe and downhole tubular components is encouraged to register for this informative one-hour presentation. Brief Agenda: Purpose of Drill Pipe Hardbanding: protection of …