For the First Time in 30 Years. An Oil Field Was Discovered on the Shelf of the Democratic Republic of Congo
Muanda International Oil Company (MIOC, a subsidiary of the Anglo-French Perenco) has explored oil deposits on the continental shelf of the Democratic Republic of the Congo (DRC). This was reported by the Perenco press service. This is the first success in geological exploration on the shelf of an African country …
Westwood Energy Predicts Stagnation in the Drilling Market
Westwood Energy predicts a decline in global demand for onshore drilling rigs. On average, oilmen will use 4,413 rigs this year, which is 6% lower than the forecast made by experts at the end of last year. The drop is due to stagnant oil prices and high costs of servicing …
Novosibirsk Scientists Have Simplified the Extraction of Pipes from Oil Wells
Employees of the Center for Technology Transfer and Commercialization of Novosibirsk State University (CTC NSU) developed a technical solution, and NSU received a patent for a method and device for destroying cement stone behind the casing of an oil well, the NSU press service reports. It is noted that when …
Rosneft Commissioned a New Laboratory in the Orenburg Region
The Samara Scientific Institute of Rosneft opened a modern laboratory in the city of Buzuluk, Orenburg Region. The new division was created to control the quality of reagents used in the processes of drilling, production and oil preparation of one of the largest producing companies of the Company – Orenburgneft. …
It is Planned to Establish a Security Zone of 565 m Around Russia’s Largest Offshore Drilling Platform
Security zones are planned to be installed around the Orlan and Berkut platforms. The Russian Ministry of Transport has prepared an order to establish security zones around the Orlan and Berkut offshore stationary platforms. As follows from the text of the draft document published on the Federal portal for posting …
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 …
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 …
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 …
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 …