Oil & Gas Operators

OPEC Daily Basket Price: Friday, 16 October 2020, Stood at $41.37 a Barrel

Vienna, Austria, 19 October 2020 – The price of OPEC basket of thirteen crudes stood at $41.37 a barrel on Friday, compared with $41.29 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), …

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Oil & Gas Operators

Expansion of Gazprom Neft’s License Portfolio Due to Flank Areas in the Yamalo-Nenets Autonomous District

Gazprom Neft received 5 licenses for geological exploration of the flanks * of explored and developed fields in the Yamalo-Nenets Autonomous District. All new blocks will be developed by Gazprom Neft’s subsidiary, Gazpromneft- Noyabrskneftegaz. Licenses were issued for 7 years. In the Purovsky District of the Yamalo-Nenets Autonomous District Gazpromneft- …

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Oil & Gas Operators

Caspian Sunrise: Completion of the Acquisition of the Caspian Explorer

The Board of Caspian Sunrise is pleased to announce that the re-registration of the shares in Prosperity Petroleum, the UAE company which is the sole shareholder of KC Caspian Explorer LLP the Kazakh registered entity which owns a 100 per cent interest in the Caspian Explorer, has been finalised. Accordingly, the acquisition of …

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Oil & Gas Operators

OPEC Daily Basket Price: Thursday, 15 October 2020, Stood at $41.29 a Barrel

Vienna, Austria, 16 October 2020 – The price of OPEC basket of thirteen crudes stood at $41.29 a barrel on Thursday, compared with $41.20 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), …

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Oil & Gas Operators

OPEC Daily Basket Price: Wednesday, 14 October 2020, Stood at $41.20 a Barrel

Vienna, Austria, 15 October 2020 – The price of OPEC basket of thirteen crudes stood at $41.20 a barrel on Wednesday, compared with $40.68 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), …

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Oil & Gas Operators

Rosneft Conducts Stratigraphic Drilling in the Kara Sea as Part of a Research Expedition

PJSC NK Rosneft is implementing a comprehensive long-term scientific program in the Arctic, which includes geological, hydrometeorological and environmental studies. This work is being carried out in cooperation with the leading scientific and design organizations of the country. In this northern water area of ​​the Arctic, shallow wells are drilled for …

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Oil & Gas Operators

LUKOIL to Continue Investment Projects in the Nizhny Novgorod Region

President of LUKOIL, Vagit Alekperov and the Governor of Nizhny Novgorod region Gleb Nikitin had a meeting in Moscow today. They discussed current progress on the ongoing projects and prospects for the future development of cooperation between the company and the region. “LUKOIL is one of the pivotal enterprises in …

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Oil & Gas Operators

Gazprom Neft Moves Into Monetising E&P Technologies

Gazprom Neft has become one of the first companies in Russia’s oil and gas industry to launch a business model for monetising technology. This new subsidiary, Gazpromneft — Technology Partnerships, will focus on developing integrated solutions for ensuring commercial viability on “hard-to-recover” oil-production projects, and on selling innovative developments within this industry-specific market. In establishing this new business model …

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Oil & Gas Operators

ROSGEO has Completed Unique Geophysical Surveys to Identify the External Boundaries of the Russian Continental Shelf

The research vessel “Akademik Lazarev” of JSC Sevmorneftegeofizika (a subsidiary of ROSGEO) has successfully completed integrated geophysical surveys in the northern part of the Laptev Sea and East Siberian Sea of the Arctic Ocean in preparation of geological and geophysical data for defining the external boundaries of the continental shelf …

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Oil & Gas Operators

Rosneft Scientists Awarded a Prize for the Development of the Arctic

The team of authors of PJSC NK Rosneft, LLC Arctic Scientific Center and St. Petersburg State Marine Technical University was awarded diplomas of the first prize winner of the International Competition of Scientific, Scientific, Technical and Innovative Developments aimed at the development and development of the Arctic and the continental …

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