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 …
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 …
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 …
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 …
New Records. “Belorusneft” Will Increase about 2.3 Million Tons of Recoverable Oil Reserves by the End of the Year
Belorusneft intends to increase approximately 2.3 million tons of recoverable oil reserves by the end of 2023. These forecasts were shared with journalists by the Deputy General Director of Belorusneft for Geology Petr Povzhik on the eve of the Day of Oil, Gas and Fuel Industry Workers, BelTA has learned. …
Northern Asset of Belorusneft Discovered New Deposits of Oil and Natural Gas
The northern subsidiary of Belorusneft discovered new deposits of oil and natural gas. Andrei Bokhan, Chairman of the Supervisory Board of the Yangpur Oil Company (a subsidiary of Belorusneft in Western Siberia), told journalists about this, BelTA has learned. The company has been developing the Metelnoye oil and gas condensate …
Court in the Netherlands Rejects Claims Against Minimum Gas Production at the Groningen Field
Dismissed lawsuits against the government’s decision to allow a minimum level of gas production at the Groningen field in 2023, despite seismic risks. This was reported on August 30, 2023 by the Netherlands’ highest court. The Court ruled: the government was guided by security concerns when it decided to limit …
“Belorusneft”: the Increase in Recoverable Reserves of Black Gold over 5 Years Amounted to Almost 9 Million Tons
The increase in recoverable oil reserves for 2018-2022 amounted to almost 9 million tons. Such data were announced to journalists by the Deputy General Director of Belorusneft for Geology Petr Povzhik on the eve of the Day of Oil, Gas and Fuel Industry Workers, BELTA has learned. Separately, Petr Povzhik …
“Belorusneft” Spoke about the Records for the Production of Black Gold and Gas
On the eve of the professional holiday – the Day of Oil, Gas and Fuel Industry Workers – Member of the Council of the Republic of the National Assembly of Belarus, Director General of Belorusneft Alexander Lyakhov spoke about records in oil and gas production, the maximum drilling volumes over …
Rosneft and Rosnedra are Testing a New Technology for Broadband Research on the Shelf of the Eastern Arctic
A joint research expedition of Rosneft Oil Company and the Federal Agency for Subsoil Use (Rosnedra) started from Murmansk. The seismic survey vessel “Akademik Lazarev” is heading to the Arctic seas to carry out geological surveys and test a new domestic broadband seismic survey technology developed by Innopraktika. For the …