Production At Kashagan In 2023 Reached A Record Level – About 18.8 Million Tons
JSC NC KazMunayGas announced a meeting between the Chairman of the Board of the company, Magzum Mirzagaliev, and the Executive Vice President of the Oil and Gas Exploration and Production division of Shell, Peter Costello. At the meeting, a number of current issues were discussed in the main areas of …
The Number Of Oil And Gas Drilling Rigs In The World Increased In January Due To Canada
The number of active oil and gas drilling rigs in the world increased in January, mainly due to Canada, according to the American oil services company Baker Hughes. On average, 1,784 installations operated around the world last month compared to 1,739 in December. At the same time, the January level …
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 …
Perenco Refused To Join The Project In Cameroon With The Participation Of Lukoil
Another shareholder of the project, the British Bowleven, began negotiations with the joint venture partners on an updated work plan for the field. The Anglo-French company Perenco refused to buy New Age’s share in the Etinde oil and gas project in Cameroon, in which the Russian Lukoil participates. This was …
Gas Production in Russia in 2023 Decreased By 5.5%
Production level amounted to 636.7 billion cubic meters. Russia in 2023 reduced gas production by 5.5%, to 636.7 billion cubic meters. m, and Russian pipeline gas exports amounted to 91.4 billion cubic meters. m, said Russian Deputy Prime Minister Alexander Novak in an article for the Energy Policy magazine. At …
Sinopec Discovered An Ultra-Deep Shale Gas Field In China
Chinese oil and gas company China Petroleum & Chemical Corp. (Sinopec) has discovered a new ultra-deep shale gas field in Sichuan province, the company said in a statement. The Hexingchang field has proven reserves of 133 billion cubic meters of gas, making it the first ultra-deep shale field of this …
Gas Production in Azerbaijan in 2024 Will Exceed 49 Billion Cubic Meters
The Azerbaijani government forecasts gas production in the country in 2024 at 49 billion 63.6 million cubic meters, a government source told Interfax-Azerbaijan. Actual data on the country’s gas production for 2023 have not yet been published. However, Energy Minister Parviz Shahbazov reported last October that gas production in Azerbaijan …
ADNOC and Turkmengaz Will Develop the Third Phase at Galkynysh
The national oil company from the UAE – Abu Dhabi National Oil Company (ADNOC) – has agreed with Turkmenistan to participate in the development of the world’s second largest natural gas field. The memorandum of understanding concluded between the companies on the development of the largest gas field in the …
KazMunayGas Plans to Produce Up to 6.7 Billion Cubic Meters of Gas Per Year By 2030
KazMunayGas is developing a Gas Strategy, within which it plans to increase natural gas production to 6.7 billion cubic meters per year by 2030, excluding large projects – Tengiz, Karachaganak and Kashagan, Kazinform agency reports with reference to the press service of the national company KMG. In 2023, the exploitation …
Kazakhstan Plans to Commission Two Large Gas Fields
The national company of Kazakhstan Kazmunaigas intends to commission the Western Prorva and Kalamkas fields in 2027, production will amount to 1.1 billion cubic meters per year, the KMG press service reported on Friday. “In 2027, Kazmunaigas intends to put into operation the Western Prorva and Kalamkas fields. Gas production …