BP Began Gas Production On The Northeastern Flank Of The Shah Deniz Field
BP has begun gas production on the northeastern flank of the Shah Deniz field as part of Stage 2 of the development of this contract area, BP-Azerbaijan (the technical operator of the project is IF-Az) said in a statement. “Gas production within the framework of Stage-2 of the Shah Deniz …
The Rosneft Scientific Institute Created A Large 3D Model Of A Production Plant
Specialists from the Ufa Scientific Institute of Rosneft have created a “digital twin” of the gas pre-treatment unit (GPU) at the Barsukovskoye field of RN-Purneftegaz. This is one of the largest interactive objects designed by the Company – its area is 270 thousand square meters, which is comparable to the …
Gazprom Continuing Extensive Geological Exploration Activities For Reliable Long-Term Power Supplies To Consumers
– The reserve replacement ratio exceeding 1 for 19 consecutive years. – The biggest growth of reserves came from the Yamal gas production center. The Gazprom Board of Directors took note of the information about the ongoing work on resource base support, geological surveys of subsoil and geological exploration operations performed by the Company. It was highlighted that Gazprom conducts large-scale …
Alexey Miller And Dmitry Mezentsev Discuss Russian-Belarusian Cooperation In Gas Sector
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Mezentsev, State Secretary of the Union State of Russia and Belarus, took place today. The meeting addressed the ongoing interaction between Gazprom and its Belarusian partners. It was highlighted that the cooperation is pursued with due regard to the interests of the parties and is mutually …
Lukoil Signed An Agreement To Develop An Additional Section Of The Field In Egypt
The Russian oil company Lukoil signed an agreement on the exploration, development and development of an additional section of the West Ash El Mallaha field during the EGYPES 2024 oil and gas exhibition in Cairo, the Russian trade mission in Egypt reported. The international oil and gas exhibition EGYPES 2024 …
The Ministry Of Energy Has Revealed A Plan For Oil Production In Russia For 2024
The preliminary plan for oil and condensate production in Russia for 2024 is 523 million tons, gas – 667 billion cubic meters, said the head of the Russian Ministry of Energy Nikolai Shulginov. “Preliminarily – 523 (million tons – ed.) oil, gas – 667 (billion cubic meters – ed.),” he …
KazMunayGas And Tatneft Will Create A Joint Venture For Geological Exploration At The Karaton Podsolevoy Site
Geological exploration will begin in 2024. Oil companies KazMunayGas (KMG) and Tatneft will create a joint venture to conduct geological exploration at the Karaton Podsolevoy subsoil site in the Atyrau region of Kazakhstan. This was reported by the KazMunayGas company. “An agreement on this was reached on February 21, 2024 …
Russia Produced 24 Million Tons Of Oil On The Shelf In 2023, And 54 Million Tons In Eastern Siberia
Russia produced 24 million tons of oil from offshore fields in 2023, Deputy Prime Minister Alexander Novak said at the international exhibition and forum “Russia”. In Eastern Siberia, 54 million tons were produced last year. “Back in 2003, practically nothing was produced in Eastern Siberia. Today we have 54 million …
Inaugural Eurasia Africa Energy Summit (EAES 2024) and 9th KDR Well Engineering Forum Set to Merge in Astana
Event Date: 19th & 20th September Location: The Rixos President Hotel, Astana, Kazakhstan This September, Astana will become the focal point for the global energy sector as it hosts the first-ever Eurasia Africa Energy Summit (EAES) alongside the 9th Annual KDR Well Engineering Forum. Scheduled for the 19th and 20th …
Oil Platform Operator Transocean Increased Its Net Loss By 1.5 Times In 2023
Switzerland’s Transocean Ltd., one of the world’s largest offshore oil platform operators, ended 2023 with a net loss of $954 million, or $1.24 per share, according to a press release. At the end of 2022, the company’s loss was $621 million, or $0.89 per share. Adjusted loss last year widened …