Belarusian Oilmen Completed The Annual Plan For Drilling New Wells Ahead of Schedule
Belarusian oilmen completed the annual plan for drilling new wells ahead of schedule. BelTA learned this from the Belorusneft company. The Center for Geological and Technological Drilling Support of NGDU Rechitsaneft emphasized that the early implementation of the plan is the merit of several divisions of the company, the result …
Tengizchevroil Announced Adjustments to Work Due to The Stoppage of CPC Oil Shipments
Daily production of oil and gas condensate as of November 26 amounted to 214.5 thousand tons. The Tengizchevroil (TCO) company “will adjust” production activities in connection with the stoppage of oil shipments from the sea terminal near Novorossiysk by the Caspian Pipeline Consortium (CPC) due to the storm. “Tengizchevroil (TCO) …
Daily Oil Production Decreased By 15% in Kazakhstan
In Kazakhstan, daily production of oil and gas condensate has decreased, according to data from the situational analytical center of the fuel and energy complex under the Ministry of Energy of Kazakhstan. According to the center, on November 26, daily production of oil and gas condensate in Kazakhstan amounted to …
Russia is Drilling More Oil Wells
Experts explain the increase in drilling by the need to maintain black gold production in old deposits. The dynamics of oil well drilling in Russia for 10 months of 2023 shows an increase of 12% compared to 2022 data, to 7,250 wells. Also, an increase in drilling was recorded at …
Construction of Oil Tanks is Underway in Khanty-Mansi Autonomous Okrug-Yugra
The installation of metal structures of four new RVSP 20000 tanks began at the Karkateevy linear production and dispatch station of the Nefteyugansk Oil Trunk Pipeline Directorate of Transneft Siberia JSC. Previously, the construction project received a positive conclusion from the Glavgosexpertiza of Russia. Work on the construction of tank …
Russia and Saudi Arabia Will Agree on Oil Production Quotas in 2024
At the ministerial meeting of OPEC+ participants, which will take place on November 30 after a six-month break, a decision will be made on the alliance’s actions next year. The main intrigue is whether OPEC+ will increase production cuts or leave the previous agreements in force. According to them, in …
Shell Finds Hydrocarbons in The Nile Delta
Shell Egypt has successfully drilled its first exploration well in the North East El-Amriya block in the Nile Delta. British Shell bought all shares in the Block 3 project in the Nile Delta from the American ExxonMobil and has already started drilling: the well has been drilled to a depth …
ONGC Asked The Russian Federation to Help Formalize Its Participation in The New Operator Sakhalin-1
Indian ONGC is actively working to transfer its share of the assets of the liquidation fund of the Sakhalin-1 PSA project to a new operator (Sakhalin-1 LLC) and has turned to Russia for assistance, Vinod Hallan, chief executive officer for finance of ONGC Videsh Limited, said at a conference with …
Kazakhstan Plans to Increase Oil Production to 100 Million Tons
The Kazakh authorities plan to increase oil production to 100 million tons in 2028, the Minister of National Economy of the Republic Alibek Kuantyrov said at a plenary meeting of the Senate (upper board of parliament) of Kazakhstan. “The basis for forming the forecast (the socio-economic development of the country …
KazMunayGas Bought a 60% Share in The Production Sharing Agreement at The Dunga Field
JSC NC KazMunayGas announced the completion of the acquisition from TotalEnergies EP Danmark A/S (a subsidiary of TotalEnergies) of 100% of shares in the authorized capital of Total E&P Dunga GmbH and ownership rights in the Dunga subsoil use project, respectively, in accordance with terms of the purchase and sale …