Eurasia Journal News

Oil Production Begins on the Senegal Shelf

Australian Woodside Energy has begun oil production at Senegal’s first offshore project, the Sangomara field. The Sangomara field is located 100 km south of the country’s capital, Dakar, and the project cost is $5.2 billion. The planned production is still at the level of 100 thousand b/d; production will use …

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Eurasia Journal News

Rystad Energy Forecasts Maximum Investment in Deepwater Projects This Year

Capital spending on new deepwater drilling is forecast to hit a 12-year high next year, according to consultancy Rystad Energy. Once upon a time, the shale revolution somewhat pushed back interest in the development of shelf hydrocarbons. However, recent deep-sea discoveries off Guyana, Namibia and the Gulf Coast are bringing …

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Eurasia Journal News

A Company From China Received Licenses to Search For Oil&Gas on the Mozambique Shelf

The licenses provide for CNOOC to carry out geological exploration work in these areas, which includes, among other things, obtaining 3D seismic data from an area of 26 thousand square meters. km and drilling of at least four exploration wells Licenses for oil and gas exploration in five areas on …

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Eurasia Journal News

The Ministry of Natural Resources Received Three Applications for Geological Exploration of Subsoil Areas in the Seas This Winter

All three areas are located in the Kara Sea The Russian Ministry of Natural Resources received applications for geological exploration of three subsoil areas in the Kara Sea during the “winter window” for submitting applications – from December 1 to January 31. This was reported to TASS by the press …

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Eurasia Journal News

Rosgeo Engineering & Geological Fleet Drilled 103 Wells on the Arctic Shelf in 2023

The research fleet of JSC “Arctic Marine Engineering and Geological Expeditions” (AMIGE, a subsidiary of Rosgeologiya) in 2023 fulfilled 100% of its obligations under commercial and government contracts. Last year, 103 shallow wells for various purposes were drilled on the Arctic shelf of the Russian Federation with a total penetration …

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Eurasia Journal News

Rosnedra Began a Systematic Study of the Russian Shelf For the First Time in the Last 30 Years 

For the first time in the last 30 years, the Federal Agency for Subsoil Use (Rosnedra) has begun a systematic study of the Russian shelf, said the head of the agency, Evgeny Petrov, during a meeting with Prime Minister Mikhail Mishustin. Petrov noted that over the past two years, Rosnedra …

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Russia Upstream Magazine

RPI: Offshore Field Development in Russia: Are the Sanctions an Opportunity for Russian Companies to Fill the Void?

Vadim Kravets In mid-February 2015, the third round of EU sanctions targted a number of Russian officials and nine new companies were introduced. Previously, in late summer and early autumn 2014, the U.S., EU, Japan and Canada introduced, in two rounds, sanctions againstw certain individuals and sectors of Russia’s economy …

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Eurasia Journal News

Russian Offshore to Open Up?

Ask most people about Russian oil and gas production, and they’re likely to bring up the two giants: Rosneft and Gazprom. But private companies are possibly in a position to see their roles change in the country’s oil landscape, as Rosemary Griffin describes in this week’s Oilgram News column, Regulation …

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Conference and Exhibition News and Updates

RAO/CIS Offshore 2015: Prospects of Development of Offshore Oil and Gas Fields

15 – 18 September 2015, RAO/CIS Offshore, 12th International Conference and Exhibition for Oil and Gas Resources Development of the Russian Arctic and CIS Continental Shelf, will be held in Saint-Petersburg, Russia. RAO / CIS Offshore is the event with a twenty-year history, which leading Russian scientists and the world’s …

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Eurasia Journal News

Rosneft: Completes Seismic Data Acquisition in East-Siberian Sea Ahead of License Schedule

Rosneft finished a complex of seismic data acquisition on the East-Siberian-1 block in the offshore area of the East-Siberian Sea. The Company carried out seismic data survey independently, the amount of 2D works totaled 2 thousand km. Despite of extremely severe ice conditions this year, all works were carried out …

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