Gazprom Neft: Specialists Taught Program to Recognize Rocks by Photo
Gazprom Neft has successfully tested a new technology based on machine learning and digital vision for studying rocks at fields in Western Siberia. The project proved the ability to accelerate laboratory analysis of a full-size core by 7 times to make a decision on its further research program. For this, cores are …
Zoltav Resources: Half Year Report for the Six Months Ended 30 June 2020
Zoltav the Russia-focused oil and gas exploration and production company, announces results for the six months ended 30 June 2020. Financial Summary · Revenues declined by 12% to RUB 552 million (USD 8 million) (H1 2019: RUB 624 million (USD 9.6 million)), due mainly to lower gas production and lower oil and condensate prices · Total cost of …
RDCR & KDR: Antoine D’Amore, Well Engineering Manager, Shell Russia Confirmed as Speaker
Antoine D’Amore, Well Engineering Manager, Shell Russia has been confirmed as a speaker at the RDCR & KDR Well Engineering Virtual Forum. His speech title is: The Value of Extended Front End Loading for Complex Drilling – An Example of how Front End Loading is Instrumental in Reducing the Risks …
RDCR & KDR: Martin Rylance, (Frac-Pup) VP GWO Russia, Global Sr. Advisor (Frac & Stim) bp Russia, Confirmed as Speaker
Martin Rylance, (Frac-Pup) VP GWO Russia, Global Sr. Advisor (Frac & Stim) bp Russia has been confirmed as a speaker at the RDCR & KDR Well Engineering Virtual Forum. His speech title is: AICVs – A Russian Case Study in Application, Lessons Learned and General Indicators for Future Application The …
RN-Yuganskneftegaz: Sets a New Record for Daily Production Drilling
Rosneft’s largest oil and gas production company, RN-Yuganskneftegaz, has set a new industry record for daily meterage: 27,542 meters. This figure is 414 m / day higher than the previous record in July 2017. The new milestone was passed with fewer drilling rigs, while the efficiency of the work increased by more …
Orenburgneft: Commissioned Three New Fields
Orenburgneft (part of Rosneft’s perimeter) has brought into commercial development three new fields – Mamalaevskoye, Kornilovskoye and Novosibirsk. The total recoverable reserves of the fields amount to 7.6 million tons of oil. The commissioning of new fields is part of a large-scale development program for the Radovsky, Kornilovsky and Novobogolyubovsky license …
Eni: Results for the Third Quarter and Nine Months of 2020
Eni’s Board of Directors approved the consolidated results for the third quarter and the nine months of 2020 (not subject to audit). Having examined the results, Eni CEO Claudio Descalzi said: “In a market environment that remains challenging, we are continuing to successfully mitigate the negative impact of this crisis …
Arctic LNG 2 Ice-Class Tanker Fleet Formation Completed
Arctic LNG 2 entered into long-term charter agreements on six Arc7 ice-class LNG tankers with PAO Sovcomflot and Mitsui O.S.K. Lines, Ltd., with the construction of the Arc7 ice-class LNG tankers to be built at Daewoo Shipbuilding & Marine Engineering (“DSME”). The Project has successfully completed chartering of the required …
TATNEFT: Holds Regular Meeting of the Board of Directors
Kazan hosted a meeting of the Board of Directors of PJSC TATNEFT n.a. V.D. Shashin chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, on October 28, 2020. The results of the of PJSC TATNEFT’s budget execution for nine months of the current year were considered at the meeting, …
NOVATEK: Announces Consolidated IFRS Results for the Third Quarter and the Nine Months 2020
PAO NOVATEK today released its consolidated interim condensed financial statements as of and for the three and nine months ended 30 September 2020 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial Highlights (in millions of Russian roubles except as stated) 3Q 2020 3Q 2019 9M 2020 …