Oman Auctions Several Offshore Oil and Gas Blocks by 2025
Auctions for new units in Oman, which started in 2023, will now be held annually. Oman plans to auction several oil and gas blocks on the Arabian Sea shelf by the end of the year, said the head of the country’s Ministry of Energy, Salim al-Awfi. According to him, tenders …
An Oil Field with Reserves of 10 Billion Barrels Was Discovered off the Coast of Namibia
The obtained oil samples from test wells are characterized by low viscosity and low sulfur content. A high-quality oil field with reserves estimated at approximately 10 billion barrels has been discovered offshore Namibia. This was reported by the New Era newspaper, citing data from the company Galp Energia, which is …
Petrosibir: Production Report March 2024
Petrosibir’s total oil production during March 2024 amounted to 20,175 barrels, equivalent to 650 barrels per day. The table below summarises the average monthly / daily production in 2024 and in 2023, broken down by region. 2023 2024 Average Jan Feb Mar Total production …
Moldova Returned to Its Control Gas and Oil Fields in the South of the Country
We are talking about fields near the village of Viktorovka, Kantemir region, and oil fields near the village of Valen, Kagul region. The government of Moldova has returned to its control small gas and oil fields in the south of the country after the expiration of licenses for their development. …
Turkey Begins a New Project to Search for Gas in the Northwest of the Country
Ankara launches gas exploration project for $125 thousand. The Turkish state-owned company TPAO has launched drilling for exploration of gas deposits in the province of Canakkale, located in the north-west of the country. The estimated cost of geological exploration is $125 thousand, local media write. TPAO named its first exploration …
More than 600 Oil Production Wells Have Been Suspended in Kazakhstan
The work of 634 oil production wells was suspended in Kazakhstan due to a difficult flood situation, the total loss of oil production amounted to 16 thousand tons, the press service of the country’s Ministry of Energy reports. “As a result of the flood situation in the country, in a …
Hess Has Decided on a New Field in Guyana
Has Hess decided to wrest Whiptail from Exxon? Hess has received approval for its sixth project in the Stabroek block, Whiptail, offshore Guyana. She enlisted the support of the country’s authorities. Already at the end of 2027, Whiptail’s capacity should increase by 250 thousand b/d. Resources at Whiptail are 850 …
CNOOC Built a Well at the Enping 21-4 Field with a Record Deviation from the Vertical for China
At the Enping 21-4 field in the Pearl River estuary basin, CNOOC commissioned a well with a record-breaking reach-out for China. CNOOC reported this on April 13, 2024. Record well According to CNOOC: well A1H in the Enping 21-4 oil field is China’s first independently designed and constructed extended reach …
Russia Has Figured Out How to Increase the Production of High-Viscosity Oil by up to 40%
A way to increase the production of high-viscosity oil by 20-40% was proposed by Tyumen State University scientists. According to the authors of the study, this can be achieved by optimizing the process of cyclic exposure of water vapor to the oil reservoir. The results were published in the Journal …
Tajikistan Will Soon Have a Lot of Oil and Gas
The Bokhtar project, which the Chinese CNPC took over from the French TotalEnergies in Tajikistan, has entered the implementation stage. The Chinese CNPC has begun implementing a project for the exploration and production of new hydrocarbon deposits in southwest Tajikistan. We are talking about the Bokhtar project, located in the …