KazMunayGas and SOCAR Will Consider Projects Related to Geological Exploration in Kazakhstan
KazMunayGas JSC invited SOCAR, the state oil company of Azerbaijan, to consider projects related to geological exploration in Kazakhstan. Chairman of the Board of KazMunayGas JSC Magzum Mirzagaliev spoke about this during his visit to Baku, Kazinform agency reports with reference to Trend. — KazMunayGas wants the relationship with SOCAR …
An Ultra-Deep Well, Shenditake-1, 10 Thousand Meters Deep, Was Drilled In China
Drilling depth of the Shenditake-1 ultra-deep well in the Xinjiang Uyghur Autonomous Region (XUAR) on March 4 at 14:48. reached 10 thousand m, which marks a breakthrough in the country’s deep geological exploration. Xinhua agency reports this. Shenditake-1 well located in the interior region of the Taklamakan Desert, in the …
BP Is Preparing To Drill A Deepwater Well Offshore Of Brazil After Exploration Attempts By Shell And ExxonMobil Failed
BP is preparing to drill a deepwater well on the Brazilian continental shelf in an attempt to break a string of failures for other oil and gas majors. The company’s press service reports this. Drilling work Drilling operations are planned at the Pau Brasil field in the Santos Basin. On …
Gazprom Neft Is Expanding Its Production Center In Eastern Siberia
Gazprom Neft has begun developing the Chonsky cluster, the largest undeveloped group of areas in Eastern Siberia with geological reserves of over 1.7 billion tons of oil and 500 billion cubic meters of gas. The implementation of the project will ensure long-term supplies of hydrocarbons to the markets of the …
Iran Has Started Developing Two Oil Fields
Iranian authorities on Saturday began developing two oil fields called Sepehr and Jafir, located in the southwestern Iranian province of Khuzestan. Iranian Oil Minister Javad Ouji said that the average production volume from the two fields is estimated at 74 thousand barrels per day. “In the presence of President Ebrahim …
Russia Extended The Suspension Of Publication Of Oil statistics
The measures will be in force until April 1, 2025. The Russian government has extended the suspension of publication of statistics on oil, gas and condensate production until April 1, 2025. This is stated in the order of the Cabinet of Ministers signed by Russian Prime Minister Mikhail Mishustin, which …
A Large Oil Field Was Discovered On The Shelf Of Côte d’Ivoire
Reserves are estimated at 1.5-2 billion barrels. A large oil field has been discovered on the shelf of Côte d’Ivoire in the waters of the Gulf of Guinea. This was reported by the business news agency Ecofin. The field’s reserves are estimated at 1.5-2 billion barrels of oil and up …
TotalEnergies And QatarEnergy Invest In Oil Production In South Africa
Energy companies TotalEnergies and QatarEnergy are buying shares in exploration block 3B/4B in the Orange Basin offshore South Africa, according to a TotalEnergies press release. “TotalEnergies and QatarEnergy have signed an agreement to acquire interests in Block 3B/4B, located offshore South Africa, from Africa Oil, Azinam (a subsidiary of Eco …
Exxon And Petronas Hope To Repeat Guyana’s Success Offshore Suriname
Exxon and Malaysia’s state-owned Petronas will extend exploration of a gas field off the coast of Suriname, the country’s national oil company Staatsolie said. Expecting a repeat of the huge oil and gas success in the same basin offshore Guyana, researchers in Suriname are also reportedly considering a floating LNG …
Drilling Volumes In The Russian Federation Increased By 70% In 2023
The head of Rosnedra, Evgeny Petrov, noted that the data suggests that literally within one to two years, companies will be able to put on their balance sheet a fairly good resource base and mineral reserves, as well as open large deposits. The volume of well drilling in Russia increased …