Tajikistan Will Soon Have a Lot of Oil and Gas
The Bokhtar project, which the Chinese CNPC took over from the French TotalEnergies in Tajikistan, has entered the implementation stage. The Chinese CNPC has begun implementing a project for the exploration and production of new hydrocarbon deposits in southwest Tajikistan. We are talking about the Bokhtar project, located in the …
ExxonMobil Will Continue Development of Whiptail, the Sixth Project in the Stabroek Block Offshore Guyana
ExxonMobil said it has made a final investment decision to proceed with the development of Whiptail, the sixth project in the Stabroek block in Guyana, following receipt of the necessary government and regulatory approvals. The Whiptail project, which will use a FPSO (product storage and offloading vessel), will require an …
Norwegian Equinor and American EQT Corporation Exchanged Assets
Equinor has entered into a deal to swap its onshore US assets in the Marcellus and Utica shale formations in Ohio for an unexploited stake in the Northern Marcellus formation of US energy company EQT Corporation, a hydrocarbon exploration and pipeline operator with operations in Pennsylvania, West Virginia and Ohio. Equinor …
Oil Service TagraS-Holding Earned 82 Billion Rubles in a Year
The revenue of the oil service holding “TAGRAS” (Almetyevsk) at the end of 2023 increased by 6% – to 82 billion rubles. Investments amounted to 6.7 billion rubles. The Devon News Agency learned about this from the materials of TagraS-Holding. At the same time, the largest division, TNG-Group, earned 21.6 …
BP Predicted Production Growth in the Upstream Segment in the First Quarter
British oil and gas company BP Plc expects an increase in production in the upstream segment in the first quarter compared to October-December 2023, it said in a statement. In the gas and low-carbon energy subsegment, a slight increase in production is expected, while in the oil subsegment – a …
Vladimir Putin Instructed To Provide Funding For Exploration Of Strategic Types Of Raw Materials
A report on the execution of the order must be submitted before October 1, 2024, and then once a year. Russian President Vladimir Putin instructed the government to provide financing for the development of the mineral resource base of the Russian Federation until 2035 to meet the needs of the …
Turkey Begins Drilling In The Black Sea In Search Of Gas
Turkey has begun drilling the Göktepe-1 well in the Black Sea to determine the presence of gas deposits, Energy and Natural Resources Minister Alparslan Bayraktar said. Turkey will conduct exploration in three places in the Black Sea this year to determine the presence of gas deposits, Bayraktar said earlier. “The …
RN-Uvatneftegaz Launched The Severo-Nemchinovskoye Field Into Commercial Production
The RN-Uvatneftegaz company (part of the oil production complex of Rosneft Oil Company) has launched commercial operation of the Severo-Nemchinovskoye field of the Uvat project. The flow rate of the first production well of the Severo-Nemchinovskoye field is more than 140 tons/day. During its construction, 10 hydraulic fracturing stages were …
Turkmenistan Wants To Attract Foreign Investors To The Exploration And Development Of The Caspian Shelf
Turkmenistan plans to attract foreign companies to the exploration and development of fields on the Caspian Sea shelf, said the country’s ambassador to Russia Esen Aydogdiev. “President Serdar Berdimuhamedov instructed to continue to ensure a reliable supply of natural gas to domestic and foreign consumers. At the same time, emphasis …
Abramovich’s Son’s Company Was Allowed To Commission 3 Gas Fields Of The Vostok Project
Diall Alliance LLC (controlled by Arkady Abramovich) received permission from Rosnedra to commission production facilities at three fields in the eastern part of the Bortovoy license area in the Saratov region, the regional Ministry of Industry and Energy reports. We are talking about the objects of the Pavlovskoye field in …