Oil & Gas Operators

Wintershall Dea, Europe’s leading independent gas and oil company, today reported its second quarter 2022 results. Q2 2022 SUMMARY Stable operational performance, daily production of 623,000 boe for the quarter, 2% higher YoY, full year guidance revised higher to 620,000-640,000 boe/d from 610,000-630,000 boe/d; Strong financial results underpinned by continued …

The Board of Directors assessed the formation of the Company’s personnel reserve and the KPI system implementation. A regular meeting of the Board of Directors of PJSC TATNEFT was held in Kazan on July 26, 2022. The meeting participants elected Rustam Minnikhanov, President of the Republic of Tatarstan, as the Company’s …

The price of OPEC basket of thirteen crudes stood at $106.27 a barrel on Monday, compared with $107.66 the previous Friday, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), …

The publication of this H1 2022 press release, originally planned for 28 July 2022, has been brought forward to support the launch of Fugro’s new financing package (reference is made to separate press release). Ongoing growth in revenue supported by particularly high client demand for renewables services. Overall EBIT margin …

Vienna, Austria, 25 July 2022–The price of OPEC basket of thirteen crudes stood at $107.66 a barrel on Friday, compared with $107.50 the previous day, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …

OCTG prices for Japan rise on high raw material prices, while they drop in China due to lower demand. Scrap metal prices fall and the price gap between European and Chinese steel narrows with global steel production set to be close, but not match the 2020 peak. Here is Rystad …

Vienna, Austria, 20 July 2022–The price of OPEC basket of thirteen crudes stood at $110.27 a barrel on Tuesday, compared with $108.76 the previous day, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …

During the visit of Russian President Vladimir Putin to the Islamic Republic of Iran, a Memorandum of Understanding for strategic cooperation was signed today in Tehran by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Mohsen Khojastehmehr, CEO of National Iranian Oil Company. The document envisages the analysis of cooperation prospects, inter alia, in the following areas: development of Iranian …

Gazprom Neft has started introducing drilling equipment made of domestic non-magnetic steel. Testing of samples at the deposits of the YaNAO and KhMAO confirmed the high strength of the alloy and its resistance to corrosion. At the same time, Russian material surpasses foreign analogues in a number of indicators. The …

Transneft continues to develop the capacity of the second stage of the Eastern Siberia – Pacific Ocean trunk system. The reconstruction of the oil pumping station NPS-34 with a tank farm will be carried out at the site Skovorodino – Spetsmornefteport Kozmino. The project documentation and the results of engineering …