Oil & Gas Operators

Petrosibir: Production Report for August 2020

Petrosibir’s total oil production during August 2020 amounted to 32,699 barrels, equivalent to 1,055 barrels per day. The table below summarises the average monthly / daily production in 2020 and 2019, broken down by region.   TOTAL PRODUCTION, BBL 2019 2020   Average Jan Feb Mar Apr May Jun Bashkiria …

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Oil & Gas Operators

Gazprom Neft Helps Develop Certification for 3D-Printed Icebreaker and Tanker Parts

The additive-technology-assisted refurbishment of equipment parts for Gazprom Neft icebreakers and tankers is to be certified by the Russian Maritime Register of Shipping — the company having developed a roadmap for the certification of technological process flows involved in working with 3D-printed metal hardware. The first consignments of parts ordered by Gazprom Neft for installation on the Andrey Vilkitsky icebreaker and the Gazpromneft-Zuid, …

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Oil & Gas Operators

OPEC Daily Basket Price: Thursday, 10 September 2020, Stood at $39.83 a Barrel

Vienna, Austria, 11 September 2020–The price of OPEC basket of thirteen crudes stood at $39.83 a barrel on Thursday, compared with $39.82 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 (Congo), …

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Oil & Gas Operators

OPEC Daily Basket Price: Wednesday, 9 September 2020, Stood at $39.82 a Barrel

Vienna, Austria, 10 September 2020–The price of OPEC basket of thirteen crudes stood at $39.82 a barrel on Wednesday, compared with $40.29 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), Girassol (Angola), Djeno (Congo), …

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Oil & Gas Operators

LUKOIL to Build New Education Center in Kogalym

Valery Falkov, Russian Minister of Science and Higher Education, Natalya Komarova, Governor of Khanty-Mansi Autonomous Area – Yugra, and Vagit Alekperov, President of LUKOIL, have laid today the foundation stone of the future education center – a branch of Perm National Research Polytechnic University (Perm Tech). The Agreement on its …

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Oil & Gas Operators

East Siberian Oil and Gas Company JSC Drills a Record Multilateral Well

At the Yurubcheno-Tokhomskoye field in the Evenki Municipal District of the Krasnoyarsk Territory, the construction of a multi-hole well with four horizontal boreholes, a record for the Riphean deposits, was completed. The total length of the well is 5,280 m, the horizontal section is 2,220 m. The start-up oil production rate …

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Oil & Gas Operators

bp and Equinor Form Strategic Partnership to Develop Offshore Wind Energy in US

bp and Equinor today announced the formation of a new strategic partnership to develop offshore wind projects in the US. This includes the development of existing offshore wind leases on the US East coast and jointly pursuing further opportunities for offshore wind in the US. Bernard Looney, bp’s chief executive, …

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Oil & Gas Operators

Rosneft Introduces Innovative Gas Production Technologies

The gas-liquid jet apparatus (GZhSA) for increasing the volume of gas production at multilayer oil and gas condensate fields was developed by specialists of RN-Purneftegaz (a production asset of Rosneft). The use of GZhSA makes it possible to simultaneously operate high-pressure and low-pressure wells. Pilot tests at the RN-Purneftegaz Gubkinskoye field have …

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Oil & Gas Operators

OPEC Daily Basket Price: Tuesday, 8 September 2020, Stood at $40.29 a Barrel

Vienna, Austria, 9 September 2020–The price of OPEC basket of thirteen crudes stood at $40.29 a barrel on Tuesday, compared with $41.64 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 (Congo), …

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Oil & Gas Operators

Arctic LNG 2 Chartered 15 Arc7 Tankers to be Built at Zvezda Shipyard

PAO NOVATEK announced that its joint venture Arctic LNG 2 (“Arctic LNG 2” and/or the “Project”) entered into long-term charter agreements on 14 Arc7 ice-class LNG tankers with SMART LNG (a joint venture between NOVATEK and PAO Sovcomflot), with the construction of the LNG tankers to be built at the Zvezda Shipbuilding …

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