Eurasia Journal News

Russia And North Korea Are Preparing Papers For Joint Exploration Of Oil And Gas On The Shelf

Russia has already received from the DPRK part of the documents necessary to begin joint offshore exploration of oil and gas fields; Moscow is awaiting the remaining package of documents from Pyongyang, Russian Ambassador to North Korea Alexander Matsegora said in an interview with RIA Novosti. Russia and the DPRK …

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Eurasia Journal News

SOCAR Increased The Volume Of Drilling Work By 1.2% In 2023

The volume of drilling by the drilling departments of SOCAR (State Oil Company of Azerbaijan) in 2023 amounted to 73.987 thousand meters. “In 2023, the company’s drilling volumes amounted to 73.987 thousand meters. Compared to 2022, the company increased the volume of drilling work by 1.2% last year,” the company …

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Eurasia Journal News

BP Plans To Drill 12 Production Wells At ACG In 2024

BP-Azerbaijan plans to drill 12 production wells in the Azeri-Chirag-Gunashli (ACG) field block in 2024, said BP Vice President for Wells in Azerbaijan, Georgia and Turkey Jim O’Leary. “In 2024, it is planned to drill 18 wells on the ACG block, including 12 production wells, 3 water injection wells, 2 …

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Eurasia Journal News

Brazil Breaks Its Record For Daily Oil And Gas Production In 2023

For the first time, production exceeded the level of 4 million barrels per day in oil equivalent, the government’s National Petroleum Agency of the South American country reported. Brazil reached a record average daily oil and gas production in 2023. This was announced on Friday by the government’s National Petroleum …

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Eurasia Journal News

Seven New Wells Were Drilled At Belarusian Black Gold Deposits In January

The well stock of the Belorusneft company was replenished with seven new objects in January, BelTA learned from the company. Thus, specialists from the Svetlogorsk Drilling Operations Department completed drilling seven wells in January. The largest number of new facilities were built at the Rechitsa field. Also, one well each …

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Eurasia Journal News

Production At Kashagan In 2023 Reached A Record Level – About 18.8 Million Tons

JSC NC KazMunayGas announced a meeting between the Chairman of the Board of the company, Magzum Mirzagaliev, and the Executive Vice President of the Oil and Gas Exploration and Production division of Shell, Peter Costello. At the meeting, a number of current issues were discussed in the main areas of …

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Eurasia Journal News

The Number Of Oil And Gas Drilling Rigs In The World Increased In January Due To Canada

The number of active oil and gas drilling rigs in the world increased in January, mainly due to Canada, according to the American oil services company Baker Hughes. On average, 1,784 installations operated around the world last month compared to 1,739 in December. At the same time, the January level …

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Eurasia Journal News

A Unique Core Exhibition Will Be Held In The Rosneft Pavilion At The Russia Forum

The Rosneft pavilion at VDNKh will host an exhibition of core samples collected in all regions of the Company’s presence. Visitors to the exhibition will be able to see rare rock samples dating back more than 550 million years, as well as ammonites and artifacts found during drilling. The core …

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Eurasia Journal News

Uzbekistan Will Attract Russian Experience In Oil Exploration

Together with Tatneft, a strategy will be developed to increase the efficiency of geological exploration. JSC Uzbekneftegaz, the largest state-owned company in Uzbekistan, intends to use international experience in the field of geological exploration. In pursuance of the instructions of the head of state to attract foreign experience, an agreement …

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Eurasia Journal News

The Head Of Surgutneftegaz Predicted The Volume Of Oil Production In 2024

Surgutneftegaz’s oil production in 2024 will be at the same level as last year, company CEO Vladimir Bogdanov told reporters on the sidelines of the Ecology Day of the Russia exhibition and forum. “Like this (2023 – ed.),” he answered the question of what Surgutneftegaz’s production will be in 2024. …

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