Eurasia Journal News

The Search For Oil And Gas Facilities At The Expense Of Government Funds Will Begin In The Astrakhan Region For The First Time In 20 Years

Work to find new promising oil and gas facilities at the expense of public funds will begin in the Astrakhan region for the first time in 20 years, reports the press service of the regional Ministry of Industry, Trade and Energy. “In 2024, it is planned to begin a set …

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Eurasia Journal News

ExxonMobil Has Found Another Offshore Field In Guyana

The company says it has discovered new oil in Guyanese waters. The discovery in question is called Bluefin in the Stabroek block offshore Guyana. This is the company’s first new find in 2024. Stabroek is the main production area of a large field discovered by Exxon off the coast of …

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Eurasia Journal News

An Ultra-Deep Well, Shenditake-1, 10 Thousand Meters Deep, Was Drilled In China

Drilling depth of the Shenditake-1 ultra-deep well in the Xinjiang Uyghur Autonomous Region (XUAR) on March 4 at 14:48. reached 10 thousand m, which marks a breakthrough in the country’s deep geological exploration. Xinhua agency reports this. Shenditake-1 well located in the interior region of the Taklamakan Desert, in the …

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Eurasia Journal News

BP Is Preparing To Drill A Deepwater Well Offshore Of Brazil After Exploration Attempts By Shell And ExxonMobil Failed

BP is preparing to drill a deepwater well on the Brazilian continental shelf in an attempt to break a string of failures for other oil and gas majors. The company’s press service reports this. Drilling work Drilling operations are planned at the Pau Brasil field in the Santos Basin. On …

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Eurasia Journal News

Gazprom Neft Is Expanding Its Production Center In Eastern Siberia

Gazprom Neft has begun developing the Chonsky cluster, the largest undeveloped group of areas in Eastern Siberia with geological reserves of over 1.7 billion tons of oil and 500 billion cubic meters of gas. The implementation of the project will ensure long-term supplies of hydrocarbons to the markets of the …

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Eurasia Journal News

Iran Has Started Developing Two Oil Fields

Iranian authorities on Saturday began developing two oil fields called Sepehr and Jafir, located in the southwestern Iranian province of Khuzestan. Iranian Oil Minister Javad Ouji said that the average production volume from the two fields is estimated at 74 thousand barrels per day. “In the presence of President Ebrahim …

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Eurasia Journal News

A Large Oil Field Was Discovered On The Shelf Of Côte d’Ivoire

Reserves are estimated at 1.5-2 billion barrels. A large oil field has been discovered on the shelf of Côte d’Ivoire in the waters of the Gulf of Guinea. This was reported by the business news agency Ecofin. The field’s reserves are estimated at 1.5-2 billion barrels of oil and up …

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Eurasia Journal News

TotalEnergies And QatarEnergy Invest In Oil Production In South Africa

Energy companies TotalEnergies and QatarEnergy are buying shares in exploration block 3B/4B in the Orange Basin offshore South Africa, according to a TotalEnergies press release. “TotalEnergies and QatarEnergy have signed an agreement to acquire interests in Block 3B/4B, located offshore South Africa, from Africa Oil, Azinam (a subsidiary of Eco …

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Eurasia Journal News

Exxon And Petronas Hope To Repeat Guyana’s Success Offshore Suriname

Exxon and Malaysia’s state-owned Petronas will extend exploration of a gas field off the coast of Suriname, the country’s national oil company Staatsolie said. Expecting a repeat of the huge oil and gas success in the same basin offshore Guyana, researchers in Suriname are also reportedly considering a floating LNG …

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Eurasia Journal News

Drilling Volumes In The Russian Federation Increased By 70% In 2023

The head of Rosnedra, Evgeny Petrov, noted that the data suggests that literally within one to two years, companies will be able to put on their balance sheet a fairly good resource base and mineral reserves, as well as open large deposits. The volume of well drilling in Russia increased …

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