Lukoil Is Discussing New Projects In Egypt
Lukoil is interested in expanding its work in Egypt and is discussing new concession areas, the country’s Minister of Petroleum and Natural Resources Tarek El-Molla told reporters. “They are good partners and they want to increase business in Egypt, they are discussing new concession areas,” he said. The minister noted …
The Number Of Oil And Gas Drilling Rigs In The World Grew For The Second Month In February, Driven By Canada
The number of active oil and gas drilling rigs in the world increased in February for the second month in a row, mainly due to Canada, according to the American oil services company Baker Hughes. On average, 1,813 installations operated worldwide last month compared to 1,784 in January. At the …
Belarusian Oilmen Set A New Record For Well Drilling
The new high-speed drilling record became another achievement of oilmen. It was installed today, March 9, at the Rechitsa field, where well No. 445 was completed. The process of drilling a new facility took only 35.6 days. “This is an absolute record for the duration of development of the so-called …
The Northern Asset Of Belorusneft Has Discovered A New Oil Deposit
In February, drilling of exploratory well No. 724s2 was completed at the Izvestinsky license area. It was founded to search for hydrocarbon deposits in the Jurassic and Cretaceous deposits of the Western Rozhdestvenskaya structure. “As a result of the development of the Yu1 formation, a gushing influx of oil with …
BP Began Gas Production On The Northeastern Flank Of The Shah Deniz Field
BP has begun gas production on the northeastern flank of the Shah Deniz field as part of Stage 2 of the development of this contract area, BP-Azerbaijan (the technical operator of the project is IF-Az) said in a statement. “Gas production within the framework of Stage-2 of the Shah Deniz …
The Rosneft Scientific Institute Created A Large 3D Model Of A Production Plant
Specialists from the Ufa Scientific Institute of Rosneft have created a “digital twin” of the gas pre-treatment unit (GPU) at the Barsukovskoye field of RN-Purneftegaz. This is one of the largest interactive objects designed by the Company – its area is 270 thousand square meters, which is comparable to the …
Gazprom Continuing Extensive Geological Exploration Activities For Reliable Long-Term Power Supplies To Consumers
– The reserve replacement ratio exceeding 1 for 19 consecutive years. – The biggest growth of reserves came from the Yamal gas production center. The Gazprom Board of Directors took note of the information about the ongoing work on resource base support, geological surveys of subsoil and geological exploration operations performed by the Company. It was highlighted that Gazprom conducts large-scale …
Alexey Miller And Dmitry Mezentsev Discuss Russian-Belarusian Cooperation In Gas Sector
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Mezentsev, State Secretary of the Union State of Russia and Belarus, took place today. The meeting addressed the ongoing interaction between Gazprom and its Belarusian partners. It was highlighted that the cooperation is pursued with due regard to the interests of the parties and is mutually …
Lukoil Signed An Agreement To Develop An Additional Section Of The Field In Egypt
The Russian oil company Lukoil signed an agreement on the exploration, development and development of an additional section of the West Ash El Mallaha field during the EGYPES 2024 oil and gas exhibition in Cairo, the Russian trade mission in Egypt reported. The international oil and gas exhibition EGYPES 2024 …
The Ministry Of Energy Has Revealed A Plan For Oil Production In Russia For 2024
The preliminary plan for oil and condensate production in Russia for 2024 is 523 million tons, gas – 667 billion cubic meters, said the head of the Russian Ministry of Energy Nikolai Shulginov. “Preliminarily – 523 (million tons – ed.) oil, gas – 667 (billion cubic meters – ed.),” he …