Oil & Gas Operators

Kazakhstan Expects a Decline in Mineral Reserves due to Geological Exploration Problems

Minister of Industry and Construction of the Republic Kanat Sharlapaev noted that state expenditures on geology are at a fairly low level Kazakhstan needs serious development of geological exploration in order to avoid a decrease in proven mineral reserves, which is predicted in 5-10 years. This was stated at a …

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Oil & Gas Operators

Geological Exploration Gives the Company the Right Not to Reforest

A subsoil user can be released from the obligation to carry out compensatory afforestation only in the case of geological exploration, the press service of the Federal Forestry Agency reported. The department receives questions about the need for compensatory reforestation from tenants who are engaged in geological exploration of the …

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Oil & Gas Operators

Contrary to the Aspirations of the “Greens”, an Increase in Geological Exploration for Oil and Gas is Predicted

Oil and gas exploration spending will recover and average $22 billion a year over the next 5 years, Wood Mackenzie says The growth of exploration work will occur due to the need to bring new hydrocarbon deposits into operation. It is noted that in 2006-2014, exploration experienced a boom, its …

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Oil & Gas Operators

Government Proposes to Invest in Regional Geological Exploration

They can also simplify the sale of licenses for subsoil, but only for Russian companies. The Russian government has submitted to the State Duma amendments to the law of the Russian Federation “On Subsoil” of 1992. It is proposed to allow attraction of private investments in the regional stages of …

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Conferences & Exhibitions

The 3rd International Conference & Exhibition «Geological Exploration 2016» Will Gather 150+ Decision-makers of Oil Companies

Subject: the 3rd international conference and exhibition «Geological exploration 2016» Date: 9 November 2016 Venue: Moscow, Hotel Baltschug Kempinski Vostock Capital will hold the 3rd annual conference and exhibition «Geological exploration 2016» on the 9 November 2016 in Moscow. Among the registered 150+ conference participants and speakers – are the …

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Uncategorized

Rosneft Started Geological Exploration in the Barents and Pechora Sea

Rosneft has started field works at five license blocks of the Barents and Pechora Seas: West Prinovozemelsky, located in the North-Eastern part of the Barents sea near the Novaya Zemlya archipelago, Perseevsky, located in the North-Western part of the Barents sea, and at the South Russky, South Prinovozemelsky and West …

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