Oil and Gas Survey On the Industries Readiness for Large-Scale Digital Transformation – See the Results at RDCR-2020, April 23, 2020 in Moscow
One of the main discussion topics of the upcoming forum of the 8th RDCR 2020 – Well Engineering Forum, will be the digitalization in the oil and gas industry. Platinum sponsor RDCR-2020, NIPT GNT, JSC , together with the Center for Creative Leadership (CCL) – a global provider of leadership research and organizational development – are …
Gazpromneft-Vostok Improves Environmental Friendliness in Production
Gazpromneft-Vostok has commissioned a new gas-transmission system at the Urmano-Archinskaya group of fields at the Yuzhno-Pudinsky license block in the Tomsk Oblast.* Implementing this project has facilitated a four-fold increase in commercial-gas delivery volumes, as well as increasing overall associated petroleum gas (APG) utilisation to 95 percent. This new infrastructure makes it possible to transport gas from fields at the Yuzhno-Pudinsky license block and …
OPEC Daily Basket Price: Tuesday, 11 February 2020, Stood at $54.16 a Barrel
Vienna, Austria, 12 February 2020—The price of OPEC basket of fourteen crudes stood at $54.16 a barrel on Tuesday, compared with $54.17 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), …
Gazprom Neft and Mubadala Petroleum Expand Technological Cooperation
Gazprom Neft and Mubadala Petroleum have entered into a Memorandum of Cooperation on technological collaboration. Gazprom Neft and Mubadala Petroleum have agreed to work together in developing new technologies — key areas in this collaboration being the development of innovative solutions in oil production, and digitalisation of production processes. The parties will also investigate opportunities for technological cooperation in other areas. …
SOCAR AQS, Halliburton Agree on New Joint Venture
SOCAR AQS and Halliburton have announced the signing of a memo. The document marks an agreement between the companies to create a new joint venture that will provide a broad range of materials and services for the oil industry in Azerbaijan. “By uniting our unique knowledge, experience, and infrastructure in …
RussNeft: Production in January 2020 Amounted to 600 Thousand Tonnes of Oil
According to operational data, PJSC “RussNeft”, a part of SAFMAR Group, produced 600.182 thousand tonnes of oil in January 2020 (608 thousand tonnes in January 2019). Oil production by enterprises in the reporting period: Western Siberian Group – 458.841 thousand tonnes; Central Siberian Group – 33.268 thousand tonnes; Volga Group …
Coronavirus: JTC Recommends Extending Production Adjustments to End of 2020
The Minister of Energy of Algeria and President of the OPEC Conference in 2020, HE Mohamed Arkab, has said that following an extraordinary meeting of the Joint Technical Committee (JTC) held in Vienna, from 4-6 Feburary 2020, the JTC has recommended extending voluntary production adjustments under the ‘Declaration of Cooperation’ …
OPEC Daily Basket Price: Friday, 7 February 2020, Stood at $55.11 a Barrel
Vienna, Austria, 10 February 2020—The price of OPEC basket of fourteen crudes stood at $55.11 a barrel on Friday, compared with $55.72 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), …
NOVATEK: Condensate Treatment Capacity Expanded at the Samburgskiy License Area
PAO NOVATEK today announced that Arcticgas, a joint venture between NOVATEK and PAO Gazprom Neft, expanded the gas condensate treatment facility’s capacity at the Samburgskiy license area to accommodate the increased volumes of gas condensate from developing the Achimov horizons. Pilot operation started at the facility’s third stage with a …
Drillmec Confirmed as Silver Sponsor for RDCR 2020
The organisers are pleased to announce that Drillmec, a global leader in the design and development of “next generation” drilling rigs – will return to RDCR 2020 as Silver Sponsors. Drillmec, has over 30 years experience working throughout Russia and the CIS, and through regional partners and local experts – …
