FREE e-Book “Production Chemistry: Analytical Methods”
Efficient oil production is not possible without laboratory studies of produced and injected fluids, deposits observed in various parts of production system. However, it is not easy to apply laboratory methods straightforward due to different pitfalls and lack of explanation in standards and guidelines. The book “Production chemistry: Analytical methods” …
OPEC Daily Basket Price: Friday, 26 July 2019, Stood at $64.02 a Barrel
Vienna, Austria, 29 July 2019–The price of OPEC basket of fourteen crudes stood at $64.02 a barrel on Friday, compared with $64.55 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 …
Block Energy Resumes Production at West Rustavi, Georgia
Block Energy Plc (‘the Company’ or ‘Block’), the exploration and production company focused on the Republic of Georgia, is pleased to announce the resumption of production at well 16aZ (‘the Well’) at its flagship West Rustavi field (‘West Rustavi’ or ‘the Field’). Production resumed on 11 July and since testing …
OPEC Daily Basket Price: Thursday, 25 July 2019, Stood at $64.55 a Barrel
Vienna, Austria, 26 July 2019–The price of OPEC basket of fourteen crudes stood at $64.55 a barrel on Thursday, compared with $64.58 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 …
Eni Results for the Second Quarter and Half Year 2019
Yesterday, Eni’s Board of Directors approved the Group results1 for the second quarter and first half of 2019 (unaudited). Commenting on the results, Claudio Descalzi, CEO of Eni, remarked: “In the first half 2019, Eni delivered excellent operating and financial results, making substantial progress towards the achievement of the full-year targets …
ExxonMobil has asked the authorities to facilitate her work on the Russian shelf
The President Of ExxonMobil Russia Inc. Glenn Waller has addressed a letter to the government asking to change the rules for it work in Russia, reports the newspaper “Kommersant”. In particular, we are talking about the abolition of the amendments to the Code of trading navigation (KTM) from 2017, which …
NOVATEK: H1 2019 Results: Production Up 15.2%, Revenue Up 11.6%
PAO NOVATEK today released its consolidated interim condensed financial statements as of and for the three and six months ended 30 June 2019 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial Highlights (in millions of Russian roubles except as stated) 2Q 2019 2Q 2018 1H 2019 …
OPEC Daily Basket Price: Wednesday, 24 July 2019, Stood at $64.58 a Barrel
Vienna, Austria, 25 July 2019–The price of OPEC basket of fourteen crudes stood at $64.58 a barrel on Wednesday, compared with $63.92 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 …
LNG Carrier ‘Vladimir Rusanov’ Opens the Northern Sea Route 2019 Navigation Period
PAO NOVATEK announced today that the Arc7 ice-class LNG tanker “Vladimir Rusanov” completed the Northern Sea Route passage via the Eastern direction, and delivered a cargo of LNG produced by the Company’s Yamal LNG project from the port of Sabetta to the port of Tianjin, located in China. The Vladimir …
NOVATEK Launches South-Khadyryakhinskoye field
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced today that the Company’s wholly owned subsidiary NOVATEK-Tarkosaleneftegas commenced commercial production at the South-Khadyryakhinskoye gas field, with estimated gas capacity at about one billion cubic meters per annum. “The South-Khadyryakhinskoye field is located in close proximity to the Company’s existing infrastructure, which allowed …