Iraq Invited International Companies to Develop Oil and Gas Fields
Iraqi Oil Minister Hayan Abdel Ghani has invited international companies to bid for investment projects to develop 13 fields and exploration sites in the country’s northern, central and southern provinces, the oil ministry’s press office said in a statement to RIA Novosti. “The Ministry seeks to increase oil and gas …
The US Department of Energy Predicted an Increase in Oil Production in the Country in June
Oil production in the main oil and gas producing regions of the United States, in which a significant part of the production is shale oil, will rise in June compared to the current month by 41 thousand barrels per day, or 0.4%, to 9.332 million barrels, the Energy Information Administration …
BP Begins Exploration Campaign on the Canadian Shelf
The leading international mining corporation BP is starting an exploration campaign on the Canadian shelf. The company’s plans include geological exploration with potential discoveries worth billions of barrels of oil. The drilling vessel Stena IceMax will drill the Ephesus F-94 well in the Orphan Basin offshore Newfoundland and Labrador. According …
Yamal LNG Produces its Billionth Cubic Meter of Tight Gas from Jurassic Reservoirs
PAO NOVATEK (the “Company”) announced that the Company’s joint venture Yamal LNG has produced its billionth cubic meter of gas from the South-Tambeyskoye gas and condensate field’s Jurassic reservoirs on the Yamal Peninsula since the start of production of Jurassic gas in 2020. The Jurassic program, which is one of …
Gazpromneft-Noyabrskneftegaz Showed Record Results for 2022
In 2022, Gazpromneft-Noyabrskneftegaz achieved record production figures at facilities in the Yamalo-Nenets and Khanty-Mansi Autonomous Okrugs. Alexey Ogorodov, general director of the company, said this in an interview with the Neftegaz.ru portal. “Despite a difficult year, we have achieved results that have not been seen in the last 17 years. …
It is Proposed to Expand the Classification of TRIZs (Unconventional)
Surgutneftegaz believes that the current system does not take into account current economic and geological conditions. The classification of hard-to-recover oil reserves needs to be expanded in legislation. Today, measures of state support for the development of HRDs cover an insignificant part of the “difficult” oil. This is stated in …
Bashneft Has Processed More Than 30% of the Oil Waste of the “Historical Heritage”
Bashneft (part of Rosneft) in 2020-2022 recycled more than 30% of the oil waste of the “historical heritage”. For three years, about 570 thousand tons of oil sludge have been disposed of. Caring for the environment is an integral part of the corporate culture and one of the key principles …
New Oil Deposits Discovered in Libya
Tatneft, together with the National Oil Corporation of Libya (NOC), discovered new oil deposits in the Ghadamis basin with a flow rate of 1,870 barrels per day. This was reported by RIA Novosti with reference to the NOC message. “The Libyan branch of PJSC” TATNEFT “as the second party (operator) …
Cadogan Energy Solutions: Consolidated Report on Payments to Governments
Cadogan Energy Solutions plc presents below its consolidated report on payments to governments for the year ended 31 December 2022, for activities related to exploration, development and extraction of oil and gas resources. The Company has prepared the following consolidated report in accordance with DTR 4.3A of the Financial Conduct …
Russian Domestic System of Standardisation for Oil and Gas is Being Developed
The Institute of Oil and Gas Technological Initiatives (INTI) and Tatneft have developed more than 100 standards in the field of the fuel and energy complex and the procurement procedure. The TATNEFT Technological Development Center and the St. Petersburg Institute began to cooperate in this direction in 2020 and continue …