ADNOC And BP Agreed To Create A Gas Joint Venture In Egypt
British energy company BP and Abu Dhabi (UAE) oil and gas company ADNOC have agreed to establish a joint venture (JV) in Egypt, their joint release said. “ADNOC and BP today announce that they have agreed to establish a new joint venture (JV) in Egypt,” the statement said. Initially, the …
The Geophysical Division Of TAGRAS Holding Is Increasing Business Ties In Venezuela
TNG-Group entered into an agreement with PDVSA PETROMIRANDA for the re-processing of seismic data using parameters obtained from vertical seismic profiling. The Holding’s division already has successful experience in the Latin American region. In 2014, TNG-LenGIS specialists in Cuba conducted a number of studies, including testing formations on pipes. “We …
Australian ADX Energy Is Preparing To Drill A Well In Upper Austria
Australian oil and gas company ADX Energy has announced plans to begin drilling operations at the Welchau gas exploration project under license ADX-AT-II in Upper Austria. ADX has completed construction of the Welchau-1 well pad and plans to begin drilling the well on February 20, 2024, with the entire drilling …
Russia And North Korea Are Preparing Papers For Joint Exploration Of Oil And Gas On The Shelf
Russia has already received from the DPRK part of the documents necessary to begin joint offshore exploration of oil and gas fields; Moscow is awaiting the remaining package of documents from Pyongyang, Russian Ambassador to North Korea Alexander Matsegora said in an interview with RIA Novosti. Russia and the DPRK …
A Unique Core Exhibition Will Be Held In The Rosneft Pavilion At The Russia Forum
The Rosneft pavilion at VDNKh will host an exhibition of core samples collected in all regions of the Company’s presence. Visitors to the exhibition will be able to see rare rock samples dating back more than 550 million years, as well as ammonites and artifacts found during drilling. The core …
Uzbekistan Will Attract Russian Experience In Oil Exploration
Together with Tatneft, a strategy will be developed to increase the efficiency of geological exploration. JSC Uzbekneftegaz, the largest state-owned company in Uzbekistan, intends to use international experience in the field of geological exploration. In pursuance of the instructions of the head of state to attract foreign experience, an agreement …
Eni will drill near Kazakhstan’s Kashagan in the Caspian Sea
The Italians, together with KMG, will conduct exploration near Kashagan, the largest offshore field in Kazakhstan. Italian Eni will drill an exploration well in the Abay block in the Kazakh sector of the Caspian Sea. The company announced its intentions to conduct geological exploration work in the shallow waters of …
Rosgeo, Bashneftegeofizika And MAGE Signed A “Roadmap” For The Development Of Equipment For Geological Exploration With The Russian Government
The Government of the Russian Federation signed with Rosgeologiya, Bashneftegeofizika and the Marine Arctic Geological Exploration Expedition (MAGE) a roadmap for the development of domestic equipment for geological exploration, an Interfax correspondent reported from the signing ceremony. On the part of the government, the document was signed by First Deputy …
The Increase In Gazprom Reserves Exceeded Production For The Nineteenth Year In A Row
The increase in Gazprom’s reserves in 2023 again exceeded production volumes; the reserve replacement rate has been above one for the 19th year in a row, the company notes. Exact figures on the increase in reserves, as well as on production indicators, are not given in the message. The largest …
Russia Noted An Increase in Oil and Condensate Reserves in The Arctic Zone
No new hydrocarbon deposits were discovered in the Arctic zone in 2023, but the increase in recoverable reserves at existing fields in this region amounted to 13.4 million tons of oil and condensate and 60.6 billion cubic meters of gas, the head of the State Reserves Commission (SRC) Igor Shpurov …