Oil & Gas Operators

In a first-ever event for Russia’s oil and gas industry, Gazprom Neft has provided a proposal on oilfield surface facilities for review by Glavgosexpertia Russia in digital format — a 3D information model of a cluster-pad (well-pad) at Gazpromneft-Nopyabrskneftegaz’s Ety-Purovskoye field being submitted in addition to design documentation and the outcomes of engineering surveys. This 3D cluster-pad model reflects the local terrain, as well as the configuration of engineering …

Vienna, Austria, 22 July 2020–The price of OPEC basket of thirteen crudes stood at $44.29 a barrel on Tuesday, compared with $43.03 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), …

Vienna, Austria, 21 July 2020–The price of OPEC basket of thirteen crudes stood at $43.03 a barrel on Monday, compared with $43.22 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), Girassol (Angola), Djeno (Congo), …

Gazprom Neft and Shell have signed an agreement to establish a joint venture to study and develop the Leskinsky and Pukhutsyayakhsky license blocks on the Gydan Peninsula. Following completion, the partners will each have a 50% interest in the capital of the joint venture. The joint venture will be managed by Gazprom Neft and Shell on a parity basis. Closing of the transaction …

The regular Board of Directors meeting of PJSC TATNEFT chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Kazan on June 20, 2020. The Board of Directors considered results of the budget execution for the first half of 2020 and approved the budget for August of …

Postle Industries would like to invite you to attend an informational Webinar on “Hardbanding Essentials”. Anyone interested in learning the basics of protecting oil & gas drill pipe and downhole tubular components is encouraged to register for this informative one-hour presentation. Brief Agenda: Purpose of Drill Pipe Hardbanding: protection of …

Vienna, Austria, 20 July 2020–The price of OPEC basket of thirteen crudes stood at $43.22 a barrel on Friday, compared with $43.80 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), …

Vienna, Austria, 17 July 2020–The price of OPEC basket of thirteen crudes stood at $43.80 a barrel on Thursday, compared with $44.12 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), …

PJSC “RussNeft” assessed the economic effect of the program for optimization of production processes in 2019 in the amount of 259 million rubles. The figures of economic efficiency from the implementation of scientific and technical ideas are growing from year to year: the effect amounted to 165 million rubles in 2017 …

The 20th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday, 15 July 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 report prepared …