Eurasia Journal News

Eni to Continue Operating FPSO Abo Offshore Nigeria

Nigerian Agip Exploration (NAE, a subsidiary of Italy’s Eni) has reached an agreement with BW Offshore to extend the lease of a floating oil and gas production, storage and offloading (FPSO) facility operating in a field off the Nigerian continental shelf. This was reported by the press service of BW …

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Eurasia Journal News

20 Billion Cubic Meters of Gas Planned for Production in Yakutia in 2023

This year it is planned to produce 20 billion cubic meters of natural gas in Yakutia. And this is a very real benchmark, because in 2022 the volume of methane production in Yakutia increased by 25 percent and reached 17.3 billion cubic meters. This brought the northern republic to the …

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Eurasia Journal News

New Technologies have Allowed Mining Companies to Reduce the Burden on Nature

It has always been believed that oil and gas production is a “dirty” business and a priori cannot be environmentally friendly. However, with the development of new technologies and their introduction into the raw materials industry, the situation is beginning to change, and more actively than it might seem at …

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Eurasia Journal News

The President of Turkmenistan Replaced the Head of “Turkmengeology”

Gurbangeldy Garliyev appointed as new head of state corporation Turkmen President Serdar Berdimuhamedov dismissed Merdan Rozyev, chairman of the state corporation Turkmengeology, from his post. This was reported in the official program of the Turkmen television Watan. According to television, Roziev was relieved of his post in connection with the …

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Eurasia Journal News

Eni Starts Hydrocarbon Production at the Largest Field in the Ivory Coast

The Italian Eni, together with the Ivorian Petroci Holding, has begun hydrocarbon production at the Balein field on the shelf of Côte d’Ivoire. “This milestone has been passed less than two years after the discovery made in September 2021 and less than a year and a half after the final …

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Eurasia Journal News

Azerbaijan Expects 4-fold Increase in Annual Gas Production from Absheron – Minister of Energy

Azerbaijan expects a 4-fold increase in annual gas production from the Absheron gas condensate field in the Caspian Sea to 6 billion cubic meters, Energy Minister Parviz Shahbazov said. “We (Thursday in Baku – IF) took part in the ceremony of extraction of the first gas from the Absheron field. …

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Eurasia Journal News

SOCAR and ADNOC Discuss Cooperation Within Development of Absheron Field

SOCAR President Rovshan Najaf met with Abu Dhabi National Oil Company (ADNOC) Executive Director Musabbeh Al Kaabi. “At the meeting, it was noted that the agreement signed in August this year between SOCAR, TotalEnergies and ADNOC on the sale of a 30% stake in the Absheron gas condensate field development …

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Eurasia Journal News

The Netherlands Warned of the Depletion of Gas Reserves in Nine Years

The Central Bureau of Statistics of the country noted that this will be possible if the current level of production is maintained. Gas reserves in the Netherlands will be completely depleted in less than nine years if production continues at current levels. This warning was issued by the Central Statistical …

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Eurasia Journal News

The State Reserves Commission Considers Benefits for Hard-to-recover Gas Reserves

According to its head Igor Shpurov, the dependence of the world energy balance on Russian gas by 2050 will be key. The State Reserves Commission considers the introduction of incentives for the development of hard-to-recover gas reserves (HRR) of gas in Russia, said the head of the state commission, Igor …

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Eurasia Journal News

Agricultural Drones will Help Oilmen in Land Reclamation in Hard-to-reach Areas of the Arctic

Gazpromneft-Geo is testing aerial robotic systems for sowing grass mixtures in remote areas of the Arctic tundra. Agrodrones will help in restoring the vegetation cover in hard-to-reach areas where it is impossible to deliver and plant seeds using ground equipment. Planting plants and soil reclamation is one of the final …

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