ROGTEC and KDR Celebrate Geologist Day
ROGTEC, together with KDR Well Engineering, extends warm congratulations to all geologists, industry professionals, and partners on Geologist Day. This day brings together those who work at the forefront of subsurface exploration, discover new resources, and contribute to the advancement of the oil and gas industry. Warmest congratulations to all …
TotalEnergies Created the Largest Independent Hydrocarbon Producer in the United Kingdom
The French company TotalEnergies has completed the merger of its upstream business in the United Kingdom with NEO NEXT and created the combined group NEO NEXT+.This was reported by the company’s press service. The combination of upstream assets of TotalEnergies and NEO NEXT Energy Ltd in the North Sea is …
Japex Drilling a Potentially Revolutionary Offshore Well in Japan
Japan Petroleum Exploration (Japex) has begun drilling an exploration well on the Hidaka offshore area, Hokkaido, Japan.This was reported by the company’s press service. The well is being drilled approximately 50 km from the shore and 5 km northwest of an exploration well drilled in 2019at a depth of 1,070 …
Ministry of Natural Resources Proposed to Strengthen Support for Companies Operating at Mature Fields
The Ministry of Natural Resources proposes to strengthen state support for companies developing mature and high water-cut fields, said Minister Alexander Kozlov at an expanded meeting of the Rosnedra board. “I would also like to say a few words about hard-to-recover reserves (TRIZ). In the structure of production from proven …
New Gas Reserves Discovered at the Largest Field in the Philippines
The Philippine company Prime Energy, operator of service contract No. 38 (SC 38), has discovered new natural gas accumulations offshore Palawan on the continental shelf of the Philippines.This was reported by the company’s press service. The company successfully tested the new Camago-3 well, which recorded a flow rate of about …
Surgutneftegas Stated It Could Increase Oil Production
Surgutneftegas has the technical capability to increase oil production given the current situation on the global market, company head Vladimir Bogdanov told journalists on the sidelines of the Russian Union of Industrialists and Entrepreneurs (RSPP) congress. Bogdanov added that before the OPEC+ agreement came into effect, the company produced 60 …
Restoring Oil Production Will Require Time and Investment, Iraq Said
The suspension of oil production due to the situation around Iran is damaging Iraq’s oil industry, and restoring previous production levels will require investment and time, RIA Novosti was told by Mazhar Mohammed Saleh, financial advisor to the Prime Minister of Iraq. “Closing oil fields is not the same as …
Equinor Began Drilling Operations Under the Raia Project Offshore Brazil
Equinor has started drilling operations under the Raia project on the continental shelf of Brazil.This was reported by the company’s press service. As part of the drilling campaign, 6 wells are planned to be drilled approximately 200 km off the coast of Brazil at a depth of about 2,900 m. …
Capital Investments of Russian Vertically Integrated Oil Companies in Oil Production Increased by 0.8% to 1.93 Trillion Rubles in 2025
Capital investments of vertically integrated companies in oil production increased in 2025 by 0.8% to 1.93 trillion rubles. This is stated in a presentation by Russian Energy Minister Sergey Tsivilev, prepared for the ministry’s board meeting. Oil and condensate production in Russia decreased by 0.9% compared to 2024, to 511.5 …
ExxonMobil Began Drilling Under the Turrum Phase 3 Gas Project Offshore Australia
Esso Australia Resources (the Australian subsidiary of ExxonMobil) has begun drilling operations as part of the Turrum Phase 3 gas project on the continental shelf of Australia.This was reported by the company’s press service. The project is aimed at supplying natural gas to the energy-intensive market of the country’s east …