Representatives of TotalEnergies Resign from NOVATEK’s Board of Directors
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that the Company received notices from representatives of TotalEnergies Arnaud Le Foll and Dominique Marion of their resignation from NOVATEK’s Board of Directors. Source
Saipem Strengthens its Offshore Drilling Fleet: Purchase Option Exercised for the Santorini Drillship
Saipem has exercised its purchase option concerning the seventh-generation Santorini drillship, which is already operating within the Saipem fleet by way of a long-term charter agreement signed with Samsung Heavy Industries in 2021. The exercise price of the purchase option is 230 million USD, to be paid by the end …
Oil and Gas Companies are Compensated for Part of the Costs of Purchasing Domestic Drilling Rigs
The Government of the Russian Federation extends support for oil and gas companies through the provision of utilization grants. With their help, market participants can compensate for part of the cost of updating drilling rigs. The decision to this effect was signed by Prime Minister Mikhail MISHUSTIN, the Devon news …
TNG-Group is Ready to Explore Deep Wells in Uzbekistan
The Tatarstan oilfield service company TNG-Group and Uzbekneftegaz have agreed on new joint projects on digital geological modeling. The parties will also hold events for the exchange of experience. And the specialists of the Uzbek state company will improve their skills in training centers and production facilities of TNG-Group. The …
The Unique Yamal LNG Megaproject is Five Years Old Anniversary
On November 29, 2017, the Yamal LNG project received state permission to put into operation the main technological facilities of the first stage of the liquefied natural gas plant, including the first production line, 58 gas wells and large-scale infrastructure. The Yamal LNG megaproject, which provides for the construction of …
RN-Vankor Increased Well Flow Rate by 1.5 Times
The RN-Vankor company, which is part of the oil and gas production unit of NK Rosneft, increased the flow rate of a production well at the Vankor field by 1.5 times. It was possible to increase the reservoir productivity from 31 to 80 tons per day thanks to the use …
The Board of Directors of Tatneft Took Place
The Board of Directors of the Company, chaired by the President of Tatarstan Rustam Minnikhanov, discussed the results of the financial and economic activities of the Tatneft Group for the nine months of 2022. As part of the planned agenda, the meeting participants got acquainted with the execution of the …
TATNEFT Automated the Greenhouse Gas Management System
The company successfully uses the Greenhouse Gases software module to control greenhouse gas emissions. The strategic goal of the Company is to achieve carbon neutrality in 2050. The software product developed by Tatneft together with KomEco specialists provides for the preparation of reports on greenhouse gas emissions. The implemented system …
Petrosibir Production report October 2022
Petrosibir’s total oil production during October 2022 amounted to 24,753 barrels, equivalent to 799 barrels per day. The table below summarises the average monthly / daily production in 2021 and per month in 2022, broken down by region. 2021 2022 Average Jan Feb Mar Apr May …
Nabors Marks Major Industry Milestone: Fully Automates Existing Land Rig with First-of-its-Kind Robotics Module
Retrofit existing drilling rigs with the new Red Zone Robotics (RZR) Rig Floor Module to automate the rig floor RZR increases safety and consistency with uncompromised performance Nabors’ RZR equipped rig has successfully drilled multiple horizontal wells in the Permian Basin HAMILTON, Bermuda, Nov. 16, 2022 /PRNewswire/ — Nabors Industries …