The United States Extended the License for the Big Four Oilfield Services to Provide Some Services in Venezuela
The Office of Foreign Assets Control (OFAC) has extended until November 15, 2024 the license for Schlumberger, Halliburton, Baker Hughes and Weatherford to provide some oilfield services in Venezuela, the department said in a statement. The document allows these companies, as well as their subsidiaries, to conduct transactions in the …
The Gazprom Delegation Visited Iran on a Working Visit
The delegation of PJSC Gazprom, led by Chairman of the Management Committee Alexey Miller, is on a working visit to the Islamic Republic of Iran. First Vice President of Iran Mohammad Mokhber met with Alexey Miller. During the meeting, a wide range of issues of cooperation in the energy sector …
Norske Shell Decommissions the Knarr Field in the North Sea
The Norwegian Ocean Industry Authority (Havtil) has granted Norske Shell permission to carry out decommissioning work at the Knarr field in the northern North Sea. Havtil reports. Knarr oil and gas field: located 50 km northeast of the Snorre field; discovered in 2008 by exploration well 31/3-1С, drilled by a …
ExxonMobil and Partners Discovered Oil in Block 15 Offshore Angola
The Angolan National Agency of Oil, Gas and Biofuels (ANPG) reported the successful drilling of the Likembe-01 exploration well, located in the Kizomba B development zone, Block 15, operated by ExxonMobil in partnership with Azule Energy, Equinor and Sonangol. Likembe-01 is located at a depth of 1200 meters, intersecting Miocene …
Uzbekneftegaz Has Fully Commissioned the Drilling Control Center
For the first time in the country, Uzbekneftegaz has fully commissioned the Drilling Control Center (DCC). This was reported by the press service of the Ministry of Energy of the Republic of Uzbekistan. Theses of the Ministry of Energy of Uzbekistan: during the opening ceremony, a teleconference was established with …
New ERD Record. Another Long Reach Well Was Built at the Semakovskoye Field
RusGazAlliance, a joint venture between Gazprom and RusGazDobycha, set a new all-Russian record for drilling long-reach wells at the Semakovskoye gas field. RusGazAlliance reported this on May 13, 2024. Whatever the well, it’s a record! A new record in the construction of extended reach wells (ERD wells) was set by …
Equinor and Petoro Exchanged Offshore Assets
Equinor and Petoro have entered into a value-neutral asset swap agreement in the Haltenbanken area. This was reported by the Equinor press service. Equinor will increase its participation in the Heidrun and Noatun fields and reduce its participation in the Tyrihans and Castberg, Carmen and Beta fields. Theses by K. …
In Kazakhstan Oil Production Returned to Normal after Floods
The country’s Energy Minister Almasadam Satkaliev noted that about 500 wells were flooded. Oil production in Kazakhstan has returned to normal after large-scale floods. Kazakhstan’s Energy Minister Almasadam Satkaliev told reporters about this. “There was a slight decrease in oil production, about 500 wells were flooded. This mainly affected the …
Caspian Sunrise: Proposed Sale of the BNG Shallow Structures for $83 Million
The Board of Caspian Sunrise is pleased to announce it has entered into an agreement to grant exclusivity to Absolute Resources LLP (“Absolute Resources“) a Kazakh registered company, in connection with the proposed conditional sale of the MJF and South Yelemes structures at the BNG Contract Area for a consideration …
Iraq Sells Oil and Gas Fields for First Time since 2018
For the first time in the last 6 years, Iraqi authorities are holding a competition for the distribution of oil and gas licenses. More than 20 European, Chinese, Arab and Iraqi companies entered the competition, but not a single major oil company from the United States. Let us recall that …