American Chevron increases gas production capacity in Australia
American oil and gas company Chevron is increasing gas production capacity in Western Australia, according to a company press release. “Gas production capacity in Western Australia is growing as a result of technical improvements … aimed at increasing the level of production of Wheatstone gas near the city of Onslow,” …
Germany’s Wintershall Dea Starts Gas Production at a Newly Discovered Field
German oil and gas company Wintershall Dea has started gas production at the Dvalin field in the Norwegian Sea, the company said. “Wintershall Dea, together with partners Petoro and Sval Energi, has started gas production at the producing Dvalin gas field in the Norwegian Sea, providing significant new gas volumes …
Rosneft Increases Gas Production at the Suzunskoye Field
RN-Vankor (part of Rosneft) has started natural gas production at the new well pad at the Suzunskoye field as part of the Vostok Oil project. The daily production volume is about 1.8 million m3 of gas. The produced gas, after the necessary preparation, is sent via an inter-field gas pipeline …
Ecuador is Looking for Investors to Develop a Field in the Gulf of Guayaquil in an Attempt to Increase Natural Gas Production
Ecuador’s state oil company EP Petroecuador invites investors to participate in a tender for the development of a natural gas field located in the Gulf of Guayaquil. This was reported by the press service of the company. Amistad gas field: located in block 6 in Guayaquil Bay, 55 km from …
Naftogaz Launched Two More Wells
The state gas production company Ukrgasdobycha, part of the Naftogaz of Ukraine group, launched two more wells, which increased production by 430,000 cubic meters of gas per day, said Oleksiy Chernyshov, head of the board of Naftogaz. “JSC Ukrgasvydobycha, which is part of the Naftogaz group, has launched two high-yield …
Shell and Chevron are Leaving, but Indonesia Hopes to Double Gas Production
Indonesia hopes that the recent withdrawal of companies from two long-delayed gas projects will give a boost to their development. The country’s leadership wants to double gas production by 2030, to 12 billion cubic meters. foot per day. The Masela and IDD projects, whose total cost is estimated at $27 …
LUKOIL-Komi Will be Abolished After Joining LUKOIL-Perm
LUKOIL decided to reorganize 2 of its production subsidiaries by merging LUKOIL-Komi with LUKOIL-Perm. The corresponding decision was made on July 24, 2023, according to the Fedresurs portal. As the message notes: after completion of the reorganization in the form of a merger, LUKOIL-Perm will continue to operate, LUKOIL-Komi will …
SOCAR Slightly Reduced Oil Production in the First Half of 2023, Increased Gas Production by 14.6%
SOCAR (State Oil Company of Azerbaijan) produced 3 million 851.465 thousand tons of oil in January-June 2023, the company’s press service told Interfax-Azerbaijan. According to SOCAR, in the first half of 2022, the company produced 3 million 864,839 thousand tons of oil. Thus, the decline in oil production in January-June …
ADNOC Concludes First Global Gas Deal with Azerbaijan
Abu Dhabi National Oil Company Adnoc has agreed to buy a 30% stake in the Absheron gas field in the Caspian Sea, the state company said in a statement. Azerbaijan’s state oil company Socar and its French partner TotalEnergies SA will sell Abu Dhabi’s national oil company Adnoc a 15% …
Gas Production in Russia in 2023 Decreased Compared to Last Year
Gas production in Russia this year may decrease by 9.2% compared to last year, to 610 billion cubic meters, and next year it will grow by 2.5%, to 625 billion cubic meters, follows from the review of the International Energy Agency (IEA ) on the gas market. The indicator in …