Rosnedra Ensured the Introduction of 115 Russian Technologies into Production
Rosnedra ensured the introduction into production of 115 Russian technologies for geological exploration, among them neural network technologies for increasing oil production and oil recovery and 4D seismic technology, said Dmitry Oleynik, adviser to the head of the department. “One of the important issues for us is also the creation …
Another Merger in the Shale Sector: American Crescent Buys SilverBow
Crescent Energy has agreed to buy rival US oil and gas producer SilverBow Resources for $2.1 billion. Each SilverBow share will be exchanged for 3,125 Crescent Class A shares valued at $38.28 at the May 15 closing price. According to the statement, SilverBow holders will have the option to receive …
Foreign Investors Win Tender to Develop Seven Oil Fields in Iran
Foreign investors won the tender to develop seven oil fields in Iran. This was reported by the Iranian publication IFP News. The head of the National Iranian Oil Company (NIOC), M. H. Mehr, noted that Iran is actively promoting foreign investment in the oil sector. The head of NIOC also …
Petrosibir Published Annual Report for 2023
The annual report for 2023 of Petrosibir is as of today 17 May 2024 available at the companys website www.petrosibir.com. A PDF of the report is attached to this press release. Annual-report-2023-Petrosibir-AB_final_20240517_1.pdf Annual-report-2023-Petrosibir-AB_final_20240517.pdf Source
The United States Extended the License for the Big Four Oilfield Services to Provide Some Services in Venezuela
The Office of Foreign Assets Control (OFAC) has extended until November 15, 2024 the license for Schlumberger, Halliburton, Baker Hughes and Weatherford to provide some oilfield services in Venezuela, the department said in a statement. The document allows these companies, as well as their subsidiaries, to conduct transactions in the …
The Gazprom Delegation Visited Iran on a Working Visit
The delegation of PJSC Gazprom, led by Chairman of the Management Committee Alexey Miller, is on a working visit to the Islamic Republic of Iran. First Vice President of Iran Mohammad Mokhber met with Alexey Miller. During the meeting, a wide range of issues of cooperation in the energy sector …
Norske Shell Decommissions the Knarr Field in the North Sea
The Norwegian Ocean Industry Authority (Havtil) has granted Norske Shell permission to carry out decommissioning work at the Knarr field in the northern North Sea. Havtil reports. Knarr oil and gas field: located 50 km northeast of the Snorre field; discovered in 2008 by exploration well 31/3-1С, drilled by a …
ExxonMobil and Partners Discovered Oil in Block 15 Offshore Angola
The Angolan National Agency of Oil, Gas and Biofuels (ANPG) reported the successful drilling of the Likembe-01 exploration well, located in the Kizomba B development zone, Block 15, operated by ExxonMobil in partnership with Azule Energy, Equinor and Sonangol. Likembe-01 is located at a depth of 1200 meters, intersecting Miocene …
Uzbekneftegaz Has Fully Commissioned the Drilling Control Center
For the first time in the country, Uzbekneftegaz has fully commissioned the Drilling Control Center (DCC). This was reported by the press service of the Ministry of Energy of the Republic of Uzbekistan. Theses of the Ministry of Energy of Uzbekistan: during the opening ceremony, a teleconference was established with …
New ERD Record. Another Long Reach Well Was Built at the Semakovskoye Field
RusGazAlliance, a joint venture between Gazprom and RusGazDobycha, set a new all-Russian record for drilling long-reach wells at the Semakovskoye gas field. RusGazAlliance reported this on May 13, 2024. Whatever the well, it’s a record! A new record in the construction of extended reach wells (ERD wells) was set by …