Oil & Gas Operators

Gazprom Neft Strengthens its Own Arctic Fleet With a Second Icebreaker, The Andrey Vilkitsky

The Andrey Vilkitsky icebreaker, built as part of Gazprom Neft’s “Time of the Arctic” programme, has been launched in St Petersburg — the Alexander Sannikov icebreaker and six oil tankers having already been brought into operation. These cutting-edge icebreakers have been built to order for Gazprom Neft to operate around the Novoportovskoye field’s Arctic terminal in the Gulf of Ob …

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Oil & Gas Operators

OPEC Daily Basket Price: Thursday, 20 December 2018, Stood at $53.92 a Barrel

Vienna, Austria, 21 December 2018–The price of OPEC basket of fifteen crudes stood at $53.92 a barrel on Thursday, compared with $55.13 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), Oriente …

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Oil & Gas Operators

TATNEFT Produced 5 Million Tonnes High-Viscosity Oil

TATNEFT produced the 5 millionth tonne of hydrocarbon raw materials since the start of developing high-viscosity oil (HVO) fields at TATNEFT. Beginning in the 70ies of the twentieth century, the Republic of Tatarstan was and remains a scientific and practical testing ground for the country to develop technologies for production …

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Oil & Gas Operators

Gazprom Neft Acquires Two New License Blocks in the Khanty-Mansi Autonomous Okrug–Yugra

Gazprom Neft subsidiary Gazpromneft-Khantos has secured subsoil usage rights for geological prospecting, development and production at the Severo-Vaiskiy and Srednevaiskiy license blocks in the Khanty-Mansi Autonomous Okrug—Yugra. The Severo-Vaiskiy and Srednevaiskiy license blocks are located in the Kondinskiy district of the Khanty-Mansi Autonomous Okrug, and are of 502 and 211 square metres in size, respectively. According …

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Oil & Gas Operators

Gazprom Neft Expands its Activities in the Krasnoyarsky Krai

Gazprom Neft has secured hydrocarbon exploration, development and production rights to the Leninsky license block in the Gydan Peninsula. The Leninsky license block is located in the Gydan Peninsula in the Taymyrsky district of the Krasnoyarsky Krai, bordered on one side by the Tazovsky district of the Yamalo-Nenets Autonomous Okrug and on the other by the Kara Sea. The total size …

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Oil & Gas Operators

OPEC Daily Basket Price: Wednesday, 19 December 2018, Stood at $55.13 a Barrel

Vienna, Austria, 20 December 2018–The price of OPEC basket of fifteen crudes stood at $55.13 a barrel on Wednesday, compared with $56.08 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), Oriente …

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Oil & Gas Operators

NOVATEK Signed Memorandum on Strategic Cooperation with SACE

AO NOVATEK (“NOVATEK” and/or the “Company”) and SACE (CDP Group) signed a Memorandum on Strategic Cooperation (“Memorandum”) in relation to the Company’s current and future LNG projects. The parties agreed to develop long-term cooperation on the Arctic LNG 2 project and potential new LNG projects involving Italian suppliers and engineering companies. “We …

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Oil & Gas Operators

OPEC Daily Basket Price: Tuesday, 18 December 2018, Stood at $56.08 a Barrel

Vienna, Austria, 19 December 2018–The price of OPEC basket of fifteen crudes stood at $56.08 a barrel on Tuesday, compared with $58.24 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

BP Announces Plans on Drilling New Wells in Azerbaijan for 2019

BP plans to drill four new wells at Azerbaijan’s oil and gas fields in 2019, BP Azerbaijan Vice President Bakhtiyar Aslanbayli told Trend. In particular, he noted that two exploration wells will be drilled in the shallow waters around the Absheron Peninsula [SWAP project], one well at the Shafag-Asiman block …

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Oil & Gas Operators

Iran National Oil Company Rejects Rumors of Rosneft Leaving

The National Iranian Oil Company (NIOC) announced that no contract has been signed between Iran oil industry and Russian oil company Rosneft , therefore the rumors of Rosneft quitting the Iran oil industry has no justification, NIOC said in a statement, Trend reports via IRNA. Russian business daily “Vedomosti” recently …

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