Oil & Gas Operators

An Oil Field is Being Sold at a Discount in Khanty-Mansi Autonomous Okrug

In Khanty-Mansiysk Autonomous Okrug, the Vostochno-Panlorskoye field was put up for auction at a discount. A representative of the electronic site where the announcement of the auction was posted said that a year ago they asked to pay 51 million rubles for the right to use the subsoil plot, this …

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Oil & Gas Operators

A Breakthrough in the Production of Lithium is Expected From Associated Formation Water in the Russian Federation in 2-3 years

Meanwhile, the interest of the world’s oil companies in the extraction of a scarce chemical element is also directed to geothermal brines. Lithium production at the Kovykta gas condensate field may begin in the next 2-3 years. This will happen in case of successful introduction of industrial technology for extracting …

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Oil & Gas Operators

Rosnedra Expects the Start of Lithium Production at the Kovykta Deposit

Rosnedra expects the start of lithium production at the Kovykta gas condensate field in the next 2-3 years in case of successful implementation of industrial technology for the extraction of lithium from bottom water, Rosnedra head Evgeny Petrov said in an interview with RIA Novosti on the sidelines of SPIEF. …

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Oil & Gas Operators

The Head of Rosnedra Spoke About the Volume of Exploration in Russian Companies

Russian companies in 2023 still maintain the volume of exploration both in the oil industry and in solid minerals, despite the sanctions pressure, said the head of Rosnedra Evgeny Petrov in an interview with RIA Novosti on the sidelines of the SPIEF. “So far, no company has reduced the volume …

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Oil & Gas Operators

Novak Estimated the Production of Energy Resources in Russia Over the Weekend

The extraction and production of energy resources in Russia went according to plan over the weekend, the protection of fuel and energy complex facilities was strengthened, said Russian Deputy Prime Minister Alexander Novak. “As for the production of basic energy products – these are oil products, coal, oil and gas …

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Oil & Gas Operators

Pertamina and Petronas Aim to Replace Shell in Masela Gas Project

Indonesian and Malaysian state-owned energy companies Pertamina and Petronas plan to jointly buy Shell’s stake in Indonesia’s Masela gas project. This was stated by the Minister of Energy of Indonesia A. Tasrif on the sidelines of the Energy Asia conference in Kuala Lumpur. Companies should soon determine the scheme of …

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Oil & Gas Operators

ExxonMobil and Guyana Negotiate to Return Unexplored Offshore Oil Areas

ExxonMobil and Guyana are negotiating which unexplored offshore reserves will be returned to the Guyanese government. This became known after negotiations between ExxonMobil and the authorities of Guyana. Guyanese authorities worry about ExxonMobil’s oil and gas hegemony When oil was discovered in Guyana, no one thought that there would be …

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Oil & Gas Operators

From Concept to Technology: Gazprom Neft is Looking for Innovative Ideas for the Oil and Gas Industry

The accelerator of Gazprom Neft INDUSTRIX for the first time began the selection of technology startups at the idea stage. Previously, projects with a higher degree of elaboration and the presence of a prototype of the proposed solution were allowed to participate in the program. The finalists will be able …

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Oil & Gas Operators

NOC May Get the Most Expensive Oil Field in 2023

The Nyaganneft company (a subsidiary of NNK Oil owned by Eduard Khudainatov) was the only company that applied to participate in the auction for the Lebyazhy block in the Khanty-Mansi Autonomous Okrug with oil reserves of 37 million tons. This was reported to Vedomosti by a representative of the Ministry …

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Oil & Gas Operators

The Netherlands Will Stop Gas Production at the Groningen Field

The Netherlands will complete gas production at Europe’s largest field in Groningen from October 1, the Netherlands Broadcasting Corporation (NOS) reports, citing a government decision. “The gas valve in Groningen will be closed on October 1 this year, but the gas installation will not be dismantled immediately,” the channel reports. …

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