Eurasia Journal News

Wintershall Dea Completes Reserve Assessment For Adriana Gas Condensate Field

Wintershall Dea and its partners Petoro, Aker BP and PGNIG have completed well 6507/4-4 S in the Adriana gas condensate field (GCF) in the Norwegian Sea. The Wintershall Dea press service reported this on February 29, 2024. The Adriana field was discovered in 2021 with exploration well 6507/4-2 S as …

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Eurasia Journal News

The Number Of Oil And Gas Drilling Rigs In The World Grew For The Second Month In February, Driven By Canada

The number of active oil and gas drilling rigs in the world increased in February for the second month in a row, mainly due to Canada, according to the American oil services company Baker Hughes. On average, 1,813 installations operated worldwide last month compared to 1,784 in January. At the …

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Eurasia Journal News

The Northern Asset Of Belorusneft Has Discovered A New Oil Deposit

In February, drilling of exploratory well No. 724s2 was completed at the Izvestinsky license area. It was founded to search for hydrocarbon deposits in the Jurassic and Cretaceous deposits of the Western Rozhdestvenskaya structure. “As a result of the development of the Yu1 formation, a gushing influx of oil with …

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Eurasia Journal News

BP Began Gas Production On The Northeastern Flank Of The Shah Deniz Field

BP has begun gas production on the northeastern flank of the Shah Deniz field as part of Stage 2 of the development of this contract area, BP-Azerbaijan (the technical operator of the project is IF-Az) said in a statement. “Gas production within the framework of Stage-2 of the Shah Deniz …

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Eurasia Journal News

Gazprom Continuing Extensive Geological Exploration Activities For Reliable Long-Term Power Supplies To Consumers

– The reserve replacement ratio exceeding 1 for 19 consecutive years. – The biggest growth of reserves came from the Yamal gas production center. The Gazprom Board of Directors took note of the information about the ongoing work on resource base support, geological surveys of subsoil and geological exploration operations performed by the Company. It was highlighted that Gazprom conducts large-scale …

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Eurasia Journal News

Alexey Miller And Dmitry Mezentsev Discuss Russian-Belarusian Cooperation In Gas Sector

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Mezentsev, State Secretary of the Union State of Russia and Belarus, took place today. The meeting addressed the ongoing interaction between Gazprom and its Belarusian partners. It was highlighted that the cooperation is pursued with due regard to the interests of the parties and is mutually …

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Eurasia Journal News

The Ministry Of Energy Has Revealed A Plan For Oil Production In Russia For 2024

The preliminary plan for oil and condensate production in Russia for 2024 is 523 million tons, gas – 667 billion cubic meters, said the head of the Russian Ministry of Energy Nikolai Shulginov. “Preliminarily – 523 (million tons – ed.) oil, gas – 667 (billion cubic meters – ed.),” he …

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Russia Oil Gas Magazine

Lenar Nazipov: Entering New Markets Is One Of The Development Priorities Of TAGRAS

The General Director of the TAGRAS Holding shared plans for developing the international market, voiced the competitive advantages of the oil and gas service group and spoke about the countries interested in the Holding’s presence on the world stage. – Lenar Limovich, the Holding is one of the leaders in …

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Eurasia Journal News

BP Plans To Invest $1.5 Billion In The Development Of The Oil And Gas Industry In Egypt

The company’s chief executive, Murray Auchincloss, is also interested in the possibility of investing an additional $5 billion in this area in the future. The British company British Petroleum (BP) intends to invest at least 1.5 billion in the development of the oil and gas sector of the Egyptian economy. …

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Eurasia Journal News

The Increase In RussNeft Reserves In 2023 Amounted to 130%

Production amounted to 6.434 million tons of oil and 2.11 billion cubic meters. m of gas. The increase in Russneft reserves in 2023 amounted to 130%, production – 6.434 million tons of oil and 2.11 billion cubic meters of gas, the company reported. The increase in reserves is estimated at 8.3 …

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