Eni Announced the Discovery of a Gas Field Off the Coast of Egypt
Italian oil and gas company Eni announced the discovery of a new gas field off the coast of Egypt in the eastern Mediterranean Sea. “Eni is announcing a significant new gas discovery in the Nargis-1 exploration well located in the Nargis offshore concession in the eastern Mediterranean offshore Egypt,” Eni …
Turkey Refused the Energy Giant to Develop a Field in the Black Sea
Turkey has denied the world energy giant the joint development and exploitation of gas in the Black Sea, the Sabah newspaper reported, citing sources. However, the name of the company is not given. Turkey in 2020 discovered a large gas field in the Black Sea, the volume of which was …
Rosneft Plans to Explore the North Sakhalin Shelf Subsoil Area
Rosneft plans to conduct comprehensive offshore surveys of the North Sakhalin subsoil block located on the continental shelf of the Sea of Okhotsk in 2023-2027, follows from the materials prepared for the assessment of the project’s impact on the environment. “NK Rosneft is the owner of a license … for …
“Forbidden” Oil of the Russian Federation: Create Your Own Shipping Ecosystem, Your Own Pricing Agencies, Statistics and Benchmark
We need to demonstrate that our oil is different, at different prices, and not to be manipulated by others. What can the state do systematically and for the future in the face of external restrictions on the export of Russian oil? The answer to this question is given by the …
Gazprom Dobycha Orenburg Completed the 2022 Production Program
Gazprom dobycha Orenburg completed the 2022 production program. The indicator for gas production amounted to 101.1 percent compared to the planned target, condensate – 110.2 percent, oil – 105.5 percent. The supply of mixed gas to the Gas Processing Plant of Gazprom Pererabotka LLC was carried out at the level …
Pre-Salt Oil Deposits to be Explored in Kalmykia
The Caspian field will also be restarted. The Caspian oil field in the Lagansky region of Kalmykia will be re-launched for oil production in the shortest possible time. IA “Devon” learned about this from the message of the Ministry of Natural Resources of the Republic. Specialists will also carry out …
Opening of Order Book for Replacement of Gazprom’s Eurobonds of Series 29 with Russian Bonds
In line with the decision of PJSC Gazprom, Gazprom capital LLC will place an issue of Russian bonds replacing the Eurobonds of Gaz Capital S.A. of series 29 issued for the amount of USD 900 million (maturity date – February 6, 2028; ISIN: XS0885736925/US368266AT98). The only Eurobonds to be accepted for replacement are those the rights to which are recorded in Russian depositories. Gazprom will …
Alexander Novak Estimated Budget Revenues From the Oil and Gas Industry at 2.5 Trillion Rubles
Alexander Novak: exports of oil and gas products grew by 28% and brought the budget 2.5 trillion rubles. Last year, Russian budget revenues from the oil and gas industry grew by more than a quarter, and Russia also increased the export of oil and liquefied natural gas (LNG), Deputy Prime …
Wintershall Dea Will Exit Russia
The company explained its decision by the measures of the Russian government, which banned Gazprom from buying gas from a joint venture with Wintershall below a certain limit. The total loss from leaving the German company was estimated at € 5.3 billion The German oil and gas company Wintershall Dea, …
Petrosibir Production Report December 2022
Petrosibir’s total oil production during December 2022 amounted to 22,965 barrels, equivalent to 741 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 …