Russian Oil And Gas Companies Are Ready to Continue Investing in the Industry, Despite Geopolitical Difficulties
Russia maintains oil and gas production at a high level, despite geopolitical difficulties. The implementation of most major projects continues, which means that we can expect that everything will be in order with investment programs. Last year, the Russian oil industry managed to increase investment by 22 percent compared to …
Gazprom Neft Develops Green Exploration Technologies
Gazprom Neft is implementing the Green Seismic 2.0 environmentally friendly exploration technology. In the 8 years since the creation of the first generation of an innovative approach to exploration, the company has saved more than 7.5 million trees. The Green Seismic technology was created by Gazprom Neft for forest areas: …
Contract Signed for Russian Gas Supplies to Uzbekistan
A working meeting of Alexey Miller, Chairman of the Gazprom Management Committee, with Jamshid Khodjaev, Deputy Prime Minister of the Republic of Uzbekistan, and Jurabek Mirzamakhmudov, Minister of Energy of the Republic of Uzbekistan, took place today at the St. Petersburg International Economic Forum 2023. The meeting addressed current and prospective issues related to cooperation in the gas sector. The parties signed …
Gazprom and Kazakhstan Expanding Cooperation in Gas Transmission
A working meeting of Alexey Miller, Chairman of the Gazprom Management Committee, with Almasadam Satkaliyev, Minister of Energy of the Republic of Kazakhstan, and Sanzhar Zharkeshov, Chairman of the Management Board of NC QazaqGaz, took place today at the St. Petersburg International Economic Forum 2023. The parties reviewed the state and prospects of their cooperation with regard to gas supplies, processing and transmission. …
Gazprom and SOCAR Discuss Relevant Matters of Cooperation
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rovshan Najaf, President of the State Oil Company of the Azerbaijan Republic (SOCAR), took place today at the St. Petersburg International Economic Forum 2023. The parties discussed the current issues of their cooperation, in particular, those pertaining to gas supplies, and reviewed the prospects for …
Gazprom and China’s CNPC Discuss Relevant Aspects of Strategic Cooperation
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dai Houliang, Chairman of the Board of Directors of CNPC (China), took place today at the St. Petersburg International Economic Forum 2023. The parties discussed relevant issues pertaining to the strategic cooperation between the two companies in terms of the existing and prospective projects. In particular, attention was …
Gazprom Assesses the Potential for Increasing Production on the Continental Shelf
Gazprom’s potential recoverable resources on the continental shelf are 1.2 times higher than the current recoverable reserves – 8.7 billion tons of hydrocarbon reference fuel compared to about 7 billion, according to a member of the board, head of the company’s department Sergey Menshikov. “The recoverable reserves of hydrocarbon raw …
French TotalEnergies Discovers New Ntokon Oil And Gas Field
The Ntokon oil and gas field was discovered in the OML102 block offshore Nigeria, the press service of TotalEnergies reports. Well Ntokon-1AX: located in shallow water, 60 km from the southeast coast of Nigeria; found: lateral wellbore Ntokon-1G1: – discovered an oil deposit with a thickness of 73 m; – …
OMV Petrom Explores New Oil Fields in Southern Romania
The Romanian OMV Petrom (controlled by the Austrian oil company OMV) has explored new oil and gas fields in the regions of Oltenia and Muntenia in southern Romania. This is stated in a message published on June 13 on the company’s website. Theses OMV Petrom: Collectively, discovered fields contain more …
Kalmneftegaz Will Start Oil Production at the Caspian Block in Kalmykia by the End of 2023
Kalmneftegaz received a license to develop oil and natural gas at the Caspian oil field in the Lagansky district of Kalmykia and will start production by the end of 2023. This was announced by the Minister of Natural Resources and Environmental Protection of Kalmykia Ochir Dzhambinov. Minister’s theses: – Kalmneftegaz …