Oil & Gas Operators

OPEC Daily Basket Price: Thursday, 26 September 2019, Stood at $62.31 a Barrel

Vienna, Austria, 27 September 2019–The price of OPEC basket of fourteen crudes stood at $62.31 a barrel on Thursday, compared with $62.35 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

NOVATEK: Record Oil Flow Rate Well Completed at the Yarudeyskoye Field

PAO NOVATEK announced today, that Yargeo, NOVATEK joint venture, successfully completed well number 68 targeting the Jurassic layers at the Yarudeyskoye field, utilizing a horizontal length of 1,068 meters as part of the well construction design. Initial daily well flow rate amounted to 1,010 tons, representing the field’s best well …

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Oil & Gas Operators

OPEC Daily Basket Price: Wednesday, 25 September 2019, Stood at $62.35 a Barrel

Vienna, Austria, 26 September 2019–The price of OPEC basket of fourteen crudes stood at $62.35 a barrel on Wednesday, compared with $63.93 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

NOVATEK, Mitsui O.S.K. Lines and JBIC Signed Cooperation Agreement

PAO NOVATEK Mitsui O.S.K. Lines, Ltd. (MOL) and Japan Bank for International Cooperation (JBIC) signed a Cooperation Agreement confirming the parties’ intentions to implement projects for the construction of a marine LNG transshipment complexes in the territory of Kamchatka and Murmansk region, including possible acquisition of participation interest in Projects …

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Oil & Gas Operators

Eni Launches New Corporate Mission Integrating Sustainability into its Business

Eni is continuing its transformation by launching a new corporate mission. Inspired by the United Nations’ 17 Sustainable Development Goals (SDGs), Eni’s mission sets out the company’s values regarding climate change, the environment, access to energy, cooperation and partnerships for development, and the respect for people and human rights. The …

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Oil & Gas Operators

Uzbekistan Says Three Upstream Gas Deals Close to Signing

Uzbekistan plans to sign at least three deals with large foreign energy companies this year and five more next year as it aims to boost its natural gas output, chief executive of state energy firm Uzbekneftegaz said on Friday. The list of potential partners in exploration and development agreements includes …

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Oil & Gas Operators

Condor to Sell Shoba and Taskuduk Oilfields for CA$32.7 Million

Condor Petroleum Inc. is pleased to announce that its wholly owned subsidiary, Falcon Oil & Gas Ltd has entered into a binding agreement to sell Falcon’s 100% interests in the Shoba and Taskuduk production contracts and associated field equipment for US$24.6 million which, at the current exchange rate of 1.33 …

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Oil & Gas Operators

OPEC Daily Basket Price: Tuesday, 24 September 2019, Stood at $63.93 a Barrel

Vienna, Austria, 25 September 2019–The price of OPEC basket of fourteen crudes stood at $63.93 a barrel on Tuesday, compared with $64.51 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: Monday, 23 September 2019, Stood at $64.51 a Barrel

Vienna, Austria, 24 September 2019–The price of OPEC basket of fourteen crudes stood at $64.51 a barrel on Monday, compared with $65.30 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), …

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Conferences & ExhibitionsOil & Gas Operators

5th KDR Well Engineering Forum Achieves Record Delegate Attendance

TMG Worldwide hosted the 5th Anniversary KDR Well Engineering Forum on the 12th September at the Palace of Independence in Nur-Sultan. Held in partnership with KMG Engineering and JSC NC KazMunayGas, KDR 2019 saw a record number of delegates attend the forum. Over 270 delegates, a year on year increase …

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