Eurasia Journal News

Drilling of Another Well Has Been Completed in the Nasiriya Field in Iraq

Drillers from the Iraqi Drilling Company (IDC) completed drilling of oil production well 61, reaching a depth of 2096 meters in the Nasiriyah oil field in the Dhi Qar province. The Iraqi Ministry of Oil reported this on September 4, 2023. This is the 15th production well constructed by IDC …

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Eurasia Journal News

Cyprus Rejects Chevron’s Aphrodite Project

The island nation’s government has rejected a plan submitted by a Chevron-led consortium to develop a gas field that could be connected to a facility in Egypt. “Now the parties involved can enter into negotiations to reach an agreement within 30 days,” the Cypriot Energy Minister said, without specifying why …

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Eurasia Journal News

Bashneft in NAO Increased Production to 2 Million Tons per Year

This was achieved through the introduction of gas piston units and new horizontal drilling technologies. Bashneft-Polyus plans to drill 5 more production wells in 2023. To increase their efficiency, four gas piston units with a substation were additionally launched. The units operate on associated petroleum gas, Nao-24 reports. In total, …

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Eurasia Journal News

Eni Starts Production at Baleine field in Ivory Coast

Italian oil and gas giant Eni has started oil and gas production at the Balein field on the continental shelf of Côte d’Ivoire. This was reported by the press service of the company. This stage came less than 2 years after opening in September 2021 and less than 1.5 years …

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Eurasia Journal News

Consortium Led by TotalEnergies to Start Drilling Offshore Lebanon

According to a study by French specialists, potential hydrocarbon reserves on the shelf can be up to 700 billion cubic meters. m of gas The drilling vessel of the Swiss company Transocean has arrived in the exclusive economic zone of Lebanon to carry out exploration work on block 9, where …

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Eurasia Journal News

Belorusneft Plans to Upgrade Oil Production Equipment With the Help of China

The state-owned enterprise Belorusneft plans to upgrade oil production equipment through purchases from Chinese manufacturers. This is stated in a message on the website of the departmental publication Vestnik Belneftekhim. As part of the modernization program, the management of Belorusneft chose China as an alternative partner due to the difficult …

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Eurasia Journal News

Naftogaz Launched Two More Wells

The state gas production company Ukrgasdobycha, part of the Naftogaz of Ukraine group, launched two more wells, which increased production by 430,000 cubic meters of gas per day, said Oleksiy Chernyshov, head of the board of Naftogaz. “JSC Ukrgasvydobycha, which is part of the Naftogaz group, has launched two high-yield …

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Eurasia Journal News

Equinor Mobilizes Hercules Semi-Submersible Platform to Drill a Well Offshore Canada

SFL Corporation has entered into a Canadian drilling contract with Equinor. The company announced it on August 14, 2023. Contract details: contract value – USD 100 million per well + option for 1 additional well; drilling rig – semi-submersible drilling rig Hercules; drilling start date – 2 sq. 2024; duration …

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Eurasia Journal News

The US Banned Arctic Drilling

U.S. Federal Court Suspends Work in Arctic National Wildlife Refuge, U.S. Department of Foreign Affairs Prepares New Report on Environmental Impact of Drilling Activities A U.S. federal judge stopped the start of work needed for oil and gas drilling on the coastal plain of the Arctic National Wildlife Refuge (ANWR), …

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Eurasia Journal News

SOCAR Increased Drilling Volumes by 1% in the First Half of 2023

The volume of drilling by the drilling departments of SOCAR (State Oil Company of Azerbaijan, SOCAR) in January-June 2023 amounted to 38.562 thousand meters, SOCAR told Interfax-Azerbaijan. “Compared to the indicator of the first half of 2022, SOCAR achieved an increase in drilling volumes. The company drilled 38,562 meters, which …

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