Equinor Presented a Development Plan for the Raia Manta and Raia Pintada Fields Offshore Brazil
The Norwegian state-owned energy company Equinor Energy AS has submitted a commercialization declaration and development plans for two fields within the BM-C-33 block to the Brazilian National Petroleum Agency (ANP). The company’s press service reports this. Raia Manta and Raia Pintada deposits names of deposits and plans for their development …
Yugra is One of the Largest Oil and Gas Producing Regions in the World!
September 21 marked the 70th anniversary of the discovery of the Berezovskoye gas field. Then, in 1953, a gas-water outburst occurred at well No. P-1, which turned into an open fountain. In honor of this event, Natalya Komarova, at a visiting meeting of the Russian Gas Society and the Union …
Iran Has Begun Development of the Tus Gas Field in the Northeast of the Country
According to NIOC CEO Mohsen Khojastemehr, eight new wells will be drilled at a cost of $200 million. General Director of the National Iranian Oil Company (NIOC) Mohsen Khojastemehr announced the start of development of the Tus gas field, which is located in the Razavi Khorasan province in the northeast …
A Subsidiary of Belorusneft in Ecuador Produced 4 Million Barrels of Hydrocarbons
Belorusneft’s subsidiary in Ecuador has produced 4 million barrels of hydrocarbons since the start of the international project, BELTA learned from the company. Initially, the interest was bilateral, since international cooperation in this format is an opportunity to expand professional competencies for Belarusian and Ecuadorian oil workers. According to the …
Novatek Called for the Creation of a Program to Support the Production of Hard-to-Recover Gas
Deputy Chairman of the Board of the company Vladimir Kudrin noted that the production of HRR in the Nadym-Pur-Taz region is complicated by the difficulty of developing these reserves and expensive technologies Novatek called on the government to create a program to support technologies for the production of hard-to-recover gas, …
RussNeft Expects a Reduction in Oil Production by Five Percent
RussNeft expects oil production to decline in 2023 due to OPEC+ decisions by 5%, to 6.4 million tons, company president Evgeny Tolochek told reporters on the sidelines of the Tyumen Industrial and Energy Forum. Answering the question by how much the company’s oil production could decrease in 2023, he said: …
Indian ONGC Said It Wants to Get a Share of the Oil Produced at Sakhalin-1
CEO of ONGC’s investment division Rajarshi Gupta believes that negotiations with the Russian side and other shareholders could last six months The Indian company ONGC intends to produce oil as part of its share in the Sakhalin-1 project and expects that negotiations on this could take up to six months. …
The Economic Effect of Kondaneft From the Implementation of the Program to Increase Production Efficiency Exceeded 200 Million Rubles
The Kondaneft company (part of the oil production complex of Rosneft Oil Company) received an economic effect of more than 200 million rubles in the first half of 2023, thanks to the implementation of a program to increase production efficiency. Systematic work to improve the production efficiency of facilities is …
Norway Cut Gas Production by 10% in August, Worse Than Forecast
Norway in August reduced natural gas production by 9.8% year on year, to 311.3 million cubic meters per day from 345 million cubic meters per day a year earlier, according to preliminary data from the Norwegian Petroleum Directorate (NPD). The figure turned out to be worse than the NPD forecast, …
Rosneft Will Present the Latest Digital Technologies for the Oil and Gas Industry in Ufa
The Rosneft Scientific Institute will hold a conference “Digital Technologies in Hydrocarbon Production” in Ufa from October 17 to October 20, 2023. The large-scale event annually brings together more than 500 leading representatives of the oil industry and scientists from different cities of Russia. During the Conference, participants will exchange …