Oil & Gas Operators

Vienna, Austria, 1 October 2019–The price of OPEC basket of fourteen crudes stood at $61.09 a barrel on Monday, compared with $62.51 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 …

Zoltav (AIM: ZOL), the Russia-focused oil and gas exploration and production company, announces results for the six months ended 30 June 2019. Financial Summary ·    Revenues declined by 24% to RUB 632 million (USD 9.7 million) (H1 2018: RUB 831 million (USD 14 million)) ·    Total cost of sales was 2% lower at RUB 533.9 million (USD 8.2 million) (H1 2018: RUB …

In respect of the US Department of the Treasury’s Office of Foreign Assets Control order of including COSCO Shipping Tanker (Dalian) Co. and COSCO Shipping Tanker (Dalian) Seaman & Ship Management Co. into the Iran-related Specially Designated Nationals (“SDN”) list, as well as Teekay LNG Partners L.P. (“Teekay LNG”) statement, …

ConocoPhillips today completed its previously announced transaction to sell two ConocoPhillips United Kingdom (U.K.) subsidiaries to Chrysaor E&P Limited for $2.675 billion, plus interest and customary adjustments. Together, the subsidiaries indirectly held the company’s exploration and production assets in the U.K., as well as approximately $1.8 billion in asset retirement …

BNG Operational Update Deep Well 8 Deep Well A8 is the third deep well drilled on the Airshagyl structure and the fourth deep well in total on the BNG Contract Area.  Previous announcements referred to the existence of a 159 meter carbonate interval, of which 52.5 meters is of porous …

Vienna, Austria, 30 September 2019–The price of OPEC basket of fourteen crudes stood at $62.51 a barrel on Friday, compared with $62.31 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), …

PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to report its results for the 6 months ended 30 June 2019. Highlights Gross production from Licence 61 in H1 2019 was …

NUR-SULTAN (Reuters) – Kazakhstan and a consortium of oil majors developing the giant Kashagan oil and gas field are considering building a $1 billion gas processing plant nearby, Kazakh Deputy Energy Minister Murat Zhurebekov told Reuters on Thursday. The Central Asian nation has given up the idea of building a …

On September 26 at 00:30, after hydraulic fracturing at the Nazarkuduk-4 well, a gas inflow of 1 million cubic meters per day was received. As the press service of the company reports, the gas production is intended for the domestic market. Follow Kun.uz to stay up-to-date with current events

Russia’s largest independent natural gas producer, Novatek, expects its recently added gas field licenses will provide enough gas to warrant the construction of a third large liquefied natural gas (LNG) plant in Russia, Novatek’s chief executive Leonid Mikhelson said on Thursday. Novatek will have “the necessary resource base for another LNG project …