OPEC: Daily Basket Price, Tuesday, 24 July 2018 Stood at $72.01 a barrel
The price of OPEC basket of fifteen crudes stood at $72.01 a barrel on Tuesday, compared with $71.85 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 (Ecuador), Zafiro (Equatorial …
Exillon Energy plc: June Production Report
Exillon Energy plc (“Exillon Energy”, the “Company” or the “Group”) (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce unaudited production data for the month of June 2018 (“the Period”). · Our average daily production[1] was 9,144 …
Training Course to Cut Human Error in Oil and Gas Incidents Offered Free to Industry
IWCF launches global crew resource management digital initiative A new training initiative to help prevent oil and gas incidents by focusing on human behaviours has been launched free to industry by the International Well Control Forum (IWCF). Experts in human factors and strategic leadership developed the online training course with …
LUKOIL Drilled the First Production Well in the Eastern Part of the Yury Korchagin Field
PJSC “LUKOIL” announces the completion of drilling of the first production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea. The well was drilled within the second field development stage implemented to involve into production the Eastern part of the field. The single-bore well with horizontal completion was …
OPEC: Daily Basket Price, Monday, 23 July 2018 stood at $71.85 a barrel
The price of OPEC basket of fifteen crudes stood at $71.85 a barrel on Monday, compared with $71.57 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), Oriente (Ecuador), Zafiro (Equatorial …
OPEC: Daily Basket Price, Friday, 20 July 2018 – $71.57 a Barrel
The price of OPEC basket of fifteen crudes stood at $71.57 a barrel on Friday, compared with $70.91 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 (Ecuador), Zafiro (Equatorial …
Yamal LNG Ships Third Million Tons of LNG
OAO Yamal LNG has shipped three million tons of LNG produced at its first LNG train. Yamal LNG reached the third millionth ton shipped on the 41st cargo loaded from the first LNG train since its launch in December 2017. In July, the summer navigational period commenced on the Northern …
Urals Energy: Tanker Shipment Update
The Board of Urals Energy, the independent exploration and production company with operations in Russia, is pleased to provide the following operational update. Tanker shipment update The price per barrel for the tanker shipment announced on 16 July 2018 has now been confirmed as US$76.46 per barrel. After taking into …
LUKOIL Takes FID on The Rakushechnoye Field
PJSC “LUKOIL” took the final investment decision on the Rakushechnoye field development project in the Caspian Sea. The field infrastructure under the taken decision includes a fixed offshore ice-resistant platform, a living quarters platform, a crossover bridge, as well as subsea interfield pipelines and cable lines for the connection with …
Belgian Firm Pledges 50m Makeover of Hamina Port
The Belgian transport engineering company Sarens has agreed to double a planned investment to modernise the port of Hamina in southeast Finland. The deal builds on a 2016 agreement between Sarens and Tengizchevroil (TCO) — a consortium of oil companies operating the Tengiz oil field in Kazakhstan — to build …