Oil & Gas Operators

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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Oil & Gas Operators

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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Oil & Gas Operators

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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Oil & Gas Operators

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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Oil & Gas Operators

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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Oil & Gas Operators

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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Oil & Gas Operators

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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Oil & Gas Operators

Experts Called the Reason for the Growth in the Rate of Drilling of Oil Wells in Russia

The increase in the rate of drilling by Russian oil companies is due, among other things, to the depletion of existing wells – oil companies are forced to drill more in order to maintain production at the current level; the increase in horizontal drilling and the completion of work since …

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Oil & Gas Operators

RN-Yuganskneftegaz Increased the Flow Rate of a Horizontal Well by 2.5 Times Thanks to the Fishbone Technology

RN-Yuganskneftegaz, the largest production company of Rosneft Oil Company, increased the flow rate of a horizontal well by 2.5 times. High performance achieved through the use of modern fishbone technology. The company drilled a well with four horizontal laterals without multi-stage hydraulic fracturing at the Sorovskoye field. The initial production …

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Oil & Gas Operators

BP and SOCAR Plan a New Stage of Exploration Work on the Shafag-Asiman Structure in the Caspian

BP has completed the interpretation of exploratory drilling data on the prospective Shafag-Asiman structure in the Azerbaijani sector of the Caspian Sea, BP-Azerbaijan told Interfax-Azerbaijan. “Analysis of the results of drilling the first exploratory well SAX01 and their interpretation were completed in the first half of this year. At present, …

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