LUKOIL and Gazprom Neft Sign Binding Agreement as Part of Joint Venture Creation
PJSC LUKOIL and PJSC Gazprom Neft concluded sale and purchase agreement for 50% equity share of Meretoyakhaneftegaz LLC, a Gazprom Neft wholly owned subsidiary. The contract was signed as part of creating a joint venture to develop a large oil and gas cluster in the Nadym-Pur-Tazovsky area of the Yamal-Nenets Autonomous …
ERIELL – Gazprom Neft’s Best Contractor
ERIELL became the best contractor of Gazprom Neft in the drilling of production wells by the end of 2021. The Recognition of the Best ceremony was held in St. Petersburg, the winners were determined in the following categories: hydraulic fracturing, current and major well workover, drilling of production wells and …
30 Million Tonnes of Oil Produced at LUKOIL’s Vladimir Filanovsky Field in the Caspian Sea
LUKOIL’s oil production at its Caspian Vladimir Filanovsky field exceeded 30 million tonnes. In 2021, the field saw 5 development wells built (including 4 production wells and 1 injection well) to maintain the plateau level of 6 million tonnes of oil per year. The Company also completed the second stage …
BP: Drills Second Exploration Well in Shallow Waters of the Absheron Archipelago
BP has started drilling a second exploration well in the shallow waters of the Absheron archipelago in the Azerbaijani sector of the Caspian Sea. The works are carried out using the Satti jack-up floating drilling rig. Experts are working in the western section of the contract area, the well depth will …
Merry Christmas & Happy New Year from Everyone at TMG Worldwide
From everyone at TMG Worldwide we wish you and your family health, happiness, peace and prosperity this Christmas and in the coming New Year. Happy Holidays! We hope all of your Christmas wishes come true.
Rosneft: Board of Directors Approves “ROSNEFT-2030” Strategy
Rosneft Board of Directors approved the new strategy “Rosneft-2030: Reliable Energy and Global Energy Transition”. Rosneft achieved most of the targets set in “Rosneft-2022” strategy ahead of schedule by the end of 2021. The new strategy is built upon the achievements of the previous strategic cycle and, at the same …
Caspian Sunrise: Receives 25 Year Production License for South Yelemes
The Board of Caspian Sunrise is pleased to provide the following update: South Yelemes We have now received the 25 year production licence for the South Yelemes structure. This allows existing wells to be re-opened, and the majority of production from the structure to be sold at international rather than domestic prices. …
RDCR 2022 Date Announced: September 14th, Moscow
Join the Experts at the Region’s Premier Drilling and Production Event TMG Worldwide, organizers of the RDCR Well Engineering Forum, are pleased to announce that the RDCR – Well Engineering Forum 2022, will take place, live, in person on the 14th of September 2022, in Moscow. RDCR 2022 will be …
Petrosibir: Operations Update 2021
Petrosibir is pleased to announce the completion of the extensive 2D and 3D seismic acquisition program across the licences in Bashkiria and to summarise some of the key events and achievements in 2021. Towards the end of 2020 the Company commenced drilling of two exploration wells on the Suyanovskoye licence. …
Caspian Sunrise: Operational, Financial and Shareholding Update
The Board of Caspian Sunrise is pleased to provide the following update: BNG Shallow Wells MJF Structure We are pleased to report that our latest well on the MJF structure, Well 153, has commenced production at the rate of approximately 830 bopd, using a 8.5mm choke. As with Well 154, which continues …