Rosneft Introduces Innovative Seismic Technology
Specialists of LLC RN-KrasnoyarskNIPIneft (part of the corporate research and design complex of Rosneft) have developed a technology for processing 3D seismic data, which opens up new opportunities for developing hard-to-recover hydrocarbon reserves. The technology successfully justifies itself where standard seismic approaches are ineffective. The innovation helps to reliably investigate fields with …
Rosneft and CNPC Held a Meeting of the Joint Coordinating Committee
Rosneft and China National Petroleum Corporation (CNPC) held the third meeting of the Joint Coordinating Committee via videoconference. The agreement on the establishment of the Joint Coordinating Committee of Rosneft and CNPC was signed on May 15, 2017 during the official visit of Russian President Vladimir Putin to China. The committee …
OPEC Daily Basket Price: Monday, 21 September 2020, Stood at $41.49 a Barrel
Vienna, Austria, 22 September 2020 – The price of OPEC basket of thirteen crudes stood at $41.49 a barrel on Monday, compared with $42.98 the previous Friday, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …
Eni Confirmed as Global Compact LEAD by the United Nations Initiative
In the framework of Uniting Business Live, the UN Global Compact special event to mark the opening of the 75th session of the UN General Assembly, Eni was identified among the most engaged companies to lead a new era of sustainability, taking important steps on the theme. Eni has been …
OPEC Daily Basket Price: Friday, 18 September 2020, Stood at $42.98 a Barrel
Vienna, Austria, 21 September 2020 – The price of OPEC basket of thirteen crudes stood at $42.98 a barrel on Friday, compared with $42.07 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), …
Petroneft: Licence 67 Financing Arrangement
Following successful completion of the C4 extended well test at the Cheremshanskoye field on Licence 67 earlier this year, a non-binding Heads of Terms Agreement has been executed between the owner and operator of Licence 67, LLC Lineynoye (50% owned by Petroneft Resources) and AOR for a financing arrangement (“Facility”) …
Caspian Sunrise PLC: Interim Results for the Period Ended 30 June 2020
Highlights in period under review and subsequently Operational Production Six months ended 30 June Units 2020 2019 Total production bbls 272,707 259,475 Production for export sales bbls 115,233 – Production for domestic sales bbls 157,474 259,475 Average daily production in the period bopd 1,494 1,421 Daily production at the period …
OPEC Daily Basket Price: Thursday, 17 September 2020, Stood at $42.07 a Barrel
Vienna, Austria, 18 September 2020 – The price of OPEC basket of thirteen crudes stood at $42.07 a barrel on Thursday, 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), …
JMMC Focuses on Market Stability and Full Conformity
The 22nd Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Thursday 17 September 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation. The Committee reviewed the monthly …
ERIELL Celebrates 10 Years of Cooperation with Arcticgas
ERIELL, the international oilfield services group, is celebrating the ten-year anniversary of its successful involvement with Arсticgas (a joint venture between NOVATEK and Gazprom Neft). Vitaly Dokunikhin, First Deputy Chairman of the Management Board of ERIELL Group and General Director of ERIELL NEFTEGAZSERVICE LLC said: “Articgas is the company where …