Oil & Gas Operators

Opening of Order Book for Additional Replacement of Gazprom’s Eurobonds of Series 10 with Russian Bonds

Gazprom carries on the additional exchanges of Eurobonds for the bond holders who could not take part in the initial replacement operations. In line with the decision of PJSC Gazprom, Gazprom capital LLC will place an additional issue of Russian bonds replacing the Eurobonds of Gaz Finance plc of series 10 issued for the amount of EUR 500 million (maturity date – November …

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Oil & Gas Operators

Innovations for the Fuel and Energy Sector: the Gazprom Neft Hydraulic Fracturing Simulator is Included in the Register of Russian Programs of the Ministry of Digital Development

The digital simulator “CyberGRP” developed by Gazprom Neft and its partners is included in the Unified Register of Russian programs for electronic computers and databases. Registration in the Ministry of Digital Development registry confirms the high reliability and security of the program from digital threats, as well as independence from …

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Oil & Gas Operators

The Program for Additional Capitalization of Rosgeologia in 2024 May be Reduced by 4 Times

The additional capitalization program of JSC Rosgeologia is planned to be reduced in 2024. This follows from the explanatory note to the draft federal budget for 2024-2026. which Interfax got acquainted with. “The change in the parameters of the financial support of the state program “Reproduction and Use of Natural …

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Oil & Gas Operators

Yugra is Working to Reduce Import Dependence in Oil and Gas Production

The Khanty-Mansiysk Autonomous Okrug – Ugra is forming a package of proposals related to reducing dependence on imported technologies and equipment used in oil and gas production, the head of the region, Natalya Komarova, told reporters. Prospects for the development of the oil and gas industry during a visiting meeting …

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Oil & Gas Operators

American Chevron is Ready to Drill New Wells in Venezuela

The American company wants to increase production in the Latin American country by another 65,000 bpd by the end of 2024 Currently, Chevron and Venezuela’s PDVSA together produce about 135,000 b/d. Washington’s permission to operate an American company in Venezuela is gradually raising the country’s oil production from its knees. …

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Oil & Gas Operators

How Many Years Will Black Gold Reserves Last? “Belorusneft” About the Potential of the Fields

Belorusneft aims to increase its geological resource base and compensate for the extracted volumes of black gold. Deputy General Director for Production Denis Vorobyov told reporters about this, BELTA correspondent reports. At the present stage, oil producers are increasing their oil production volumes every year. “Today on the agenda is …

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Oil & Gas Operators

The Oil Industry of Kazakhstan Reached the Planned Production Level for the First Time Since May

Oil and gas condensate production in the republic amounted to 256 thousand tons Daily oil production in Kazakhstan, after a decline due to accidents in the energy system, has stabilized for the first time since May and reached planned levels. This was reported by the Situational Analytical Center of the …

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Oil & Gas Operators

Rosneft Has Released a New Version of Software for Geological Modeling

The Company’s specialists have developed the second version of the software package for geological modeling “RN-GEOSIM 2.0”. New functionality has been introduced into the software, the main one of which is the construction of tectonically complex models of deposits with faults. According to the Ufa Scientific Institute of Rosneft, tectonic …

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Oil & Gas Operators

Equinor Presented a Development Plan for the Raia Manta and Raia Pintada Fields Offshore Brazil

The Norwegian state-owned energy company Equinor Energy AS has submitted a commercialization declaration and development plans for two fields within the BM-C-33 block to the Brazilian National Petroleum Agency (ANP). The company’s press service reports this. Raia Manta and Raia Pintada deposits names of deposits and plans for their development …

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Oil & Gas Operators

Yugra is One of the Largest Oil and Gas Producing Regions in the World!

September 21 marked the 70th anniversary of the discovery of the Berezovskoye gas field. Then, in 1953, a gas-water outburst occurred at well No. P-1, which turned into an open fountain. In honor of this event, Natalya Komarova, at a visiting meeting of the Russian Gas Society and the Union …

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