Equinor Is Ready to Begin Drilling Work at the Johan Castberg Field in the Barents Sea
The Norwegian Ocean Industry Authority (Havtil) has granted Equinor permission to drill at the Johan Castberg field in the Barents Sea. Havtil reports. Transocean Enabler Drilling operations will be carried out using a semi-submersible drilling rig (SSDR) Transocean Enabler: built at the South Korean shipyard Daewoo Shipbuilding & Marine Engineering …
ExxonMobil Receives FTC Approval to Acquire Pioneer Natural Resources
American energy company ExxonMobil has received approval from the US Federal Trade Commission (FTC) to acquire Pioneer Natural Resources, an operator of the Permian shale basin, for $64.5 billion. The Federal Trade Commission said it resolved antitrust issues related to the deal by approving the consent decree. At the same …
New Gas Reserves Discovered in the Emirate of Sharjah in the Northern UAE
The Petroleum Council of the northern emirate of the UAE – Sharjah under its government announced the discovery of large new gas reserves in the Al Khadiba field, located north of the Al Sajaa industrial zone in Sharjah, the Emirates News Agency WAM reported. According to him, the new field …
60 Billion Cubic Meters of Gas are Planned to Be Produced in Kazakhstan in 2024
In accordance with the Law of the Republic of Kazakhstan “On Gas and Gas Supply,” the Ministry of Energy of the Republic of Kazakhstan together with JSC NC “QazaqGaz” has formed a forecast gas balance until 2030. This was reported by the Kazinform agency with reference to the press service …
Triangle Energy is Preparing to Drill Its First Well in 30 Years in Western Australia’s Perth Basin
Triangle Energy Global is set to begin drilling Booth-1, its first well in the Perth Basin in Western Australia. The company’s press service reported this on April 18, 2024. The company notes that the lease contract for the Ventia 106 drilling rig has been signed, all necessary approvals have been …
Biden Will Not Give New Hydrocarbon Areas in Alaska
In the national park in Alaska, it will no longer be allowed to extract oil and gas, as well as metals, but this does not apply to the scandalous ConocoPhillips project. The US President issued a decree according to which the lease of new hydrocarbon areas in the Arctic National …
Italian Eni and British Ithaca Energy Combine Assets in the UK
Italian oil and gas company Eni SpA said it has signed an agreement with Britain’s largest independent oil and gas company Ithaca Energy plc to combine virtually all of its upstream assets in the UK, excluding those in the East Irish Sea and CCUS. The combination is financed by the …
Russia Increased Gas Production in the First Quarter by 10.6%
The production of liquefied natural gas in January – March 2024 amounted to 9 million tons, according to Rosstat data. In the first quarter of 2024, Russia increased natural gas production by 10.6% compared to the same period of the previous year, to 164 billion cubic meters. This follows from …
Gazprom Stopped More than 20 Wells in the Orenburg Region Before the Flood
On the eve of the flood in the Orenburg region, Gazprom stopped the operation of more than 20 production wells, reports the corporate publication of Gazprom Dobycha Orenburg LLC. Gas workers call the flood situation this year unusual, but controllable. “In the floodplain zone of the Urals there are wells …
Aker BP Commissions Hanz field in the North Sea
Aker BP has started production at the Hanz field in the North Sea. This was reported by the press service of the Norwegian company. Theses from Aker BP CEO K. Hersvik: this is another great example of what we can achieve by working as a team with our suppliers to …