Rosneft Develops Unique Models of “Hybrid twins”
Specialists of JSC VNIIKTIneftekhimoborudovanie (part of the corporate scientific and design complex of PJSC NK Rosneft) are implementing a project to create a unique model of Hybrid Twins, which allows to significantly improve the safety of operation of production facilities. The development of technological potential is one of the key …
OPEC: Daily Basket Price, 19 July 2018, $70.91 a Barrel
The price of OPEC basket of fifteen crudes stood at $70.91 a barrel on Thursday, compared with $69.98 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 …
NOVATEK Shipped First LNG Cargos to China
PAO NOVATEK (“NOVATEK” and/or the “Company”) has shipped its first cargos of liquefied natural gas (LNG) from the Yamal LNG project to China via the Northern Sea Route. Today, in the presence of Alexander Novak, the Minister of Energy of Russia and Nur Bekri, the Director of the National Energy …
OPEC: Daily Basket Price, Wednesday, 18 July 2018, $69.98 a Barrel
The price of OPEC basket of fifteen crudes stood at $69.98 a barrel on Wednesday, compared with $70.38 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 …
Luca Vignati, Executive Vice President, Central Asia Region at Eni, Talks About the Firm’s Journey in Kazakhstan, its Key Achievements Over the Last Year, and Support from the Authorities
How would you describe Eni’s remarkable journey in Kazakhstan since the company first established in the local market in 1992? The past 25-plus years in Kazakhstan have been an incredibly exciting for Eni, and we are very proud to have been engaged in two world-class projects—Karachaganak and Kashagan—since their inception. …
Rosneft Introduces Innovative Seismic Processing Technology
Specialists of the Tver Scientific and Production Center of Slavneft-NPC LLC (part of the Rosneft Corporate Scientific and Project Complex) have developed a unique technology for processing and interpreting seismic data. Innovation allows to significantly increase the reliability of complex geological models, which increases the efficiency of geological exploration and development …
Urals Energy PCL: Tanker Shipment Update
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to announce that the tanker shipment for export from the Company’s Arcticneft operations on Kolguyev Island has been successfully completed. On 14 July 2018, the tanker left Murmansk, where the shipment’s gross volume has been …
OPEC Daily Basket Price Stood at $72.15 a Barrel Friday, 13 July 2018
The price of OPEC basket of fifteen crudes stood at $72.15 a barrel on Friday, compared with $72.15 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 …
Full-Scale Development of Yamal’s Kharasaveyskoye Field to Start in 2019
Alexey Miller, Chairman of the Gazprom Management Committee, today held in Bovanenkovo (Yamal-Nenets Autonomous Area) a meeting on the pre-development project for the Kharasaveyskoye gas and condensate field and the gas transmission system. Bovanenkovo Enlarged photo (JPG, 4.4 MB) Prior to the meeting, Alexey Miller inspected the construction site of Gas Production Facility No. 3 at the Bovanenkovskoye field and the …
Settling the Caspian Issue and Realising the Trans-Caspian Energy Corridor
Kazakhstan and Turkmenistan’s aims to diversify their energy export markets got a boost recently. The recent announcement that Russian Prime Minister Dmitry Medvedev signed a decree on June 21 approving the a draft convention on the legal status of the Caspian Sea appears to generate new possibilities for Central Asian energy producers. …