Service Companies & Manufactures

Labeled Water Will Help Model Complex Oil Deposits

Russian scientists have proposed to improve the accuracy of 3D models of carbonate reservoirs using the tracer method. Perm Polytechnic University scientists have developed an approach that increases the reliability of modeling complex oil deposits. It makes it possible to qualitatively assess the actual filtration flows through which the liquid …

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Oil & Gas Operators

Alexander Novak: Oil Production in Russia in 2025 Will Decrease to 515-520 Million Tons

The volume of oil production in Russia in 2025 is projected at 515-520 million tons. This was announced to journalists by Russian Deputy Prime Minister Alexander Novak. “Around 515-520 million tons,“ he said, answering a question about the forecast for oil production this year. By the end of 2024, oil …

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Oil & Gas Operators

Gazprom Neft Is Ready to Increase Oil Production If Instructed By the Ministry of Energy

Gazprom Neft is ready to increase oil production if the relevant order is received from the Ministry of Energy, Alexander Dyukov, the head of the company, told reporters on the sidelines of the Russian Union of Industrialists and Entrepreneurs congress. “If the Ministry of Energy informs us about the corresponding …

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Oil & Gas Operators

A Training Center for Oilmen Has Been Opened in Orenburg

Gazpromneft–Orenburg will also teach students of specialized colleges there. Gazpromneft–Orenburg has opened a new training center for practicing practical skills in 12 oil and gas specialties. The new site will be used to improve the skills of the company’s employees and train students of specialized regional colleges. The Devon News …

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Oil & Gas Operators

Gazprom Neft Introduces Technological Start-Ups of Students and Young Scientists

Gazprom Neft has identified the finalists of the second stream of the accelerator of student projects “Industries“. The company will help implement dozens of initiatives of technology entrepreneurs who will have the opportunity to test and implement their developments in real production. Students and young scientists from all over Russia …

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Oil & Gas Operators

Oil Resource Group Trader Will Create a Service “Daughter” in the Field of Oil and Gas Production

Oil Resource Group LLC (ORG), engaged in the fuel trade, will create a service “daughter“ that will provide services in the field of oil and natural gas production, the ORG said in a statement. The decision to create a new legal entity, which will be named Oil Resource Nefteservice LLC, …

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Service Companies & Manufactures

Baker Hughes and Iraq to Sign Memorandum on Investments in the Country’s Gas Sector

The American oilfield services company Baker Hughes Co. is preparing to sign a memorandum on investments in the Iraqi gas sector, the office of Prime Minister of the Republic Mohammed al–Sudani said after his meeting with CEO Lorenzo Simonelli. The draft agreement includes plans for the construction of a gas …

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Oil & Gas Operators

Gazprom Neft Called for Further Expansion of the Tax Regime of the AIT

Gazprom Neft stands for further expansion of the additional income tax regime, this will improve the economics of oil production projects, the head of the company Alexander Dyukov told reporters on the sidelines of the WEF. “The AIT is an excellent tax tool that has already proven to be highly …

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Oil & Gas Operators

Kazakhstan Compensates for Overproduction of Oil at Kashagan

The Kazakh authorities intend to compensate for a significant amount of overproduction of oil during repairs at the Kashagan field in October. This was reported by the press service of the Ministry of Energy of Kazakhstan. “The government has denied information about the postponement of repairs at the Kashagan field. …

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Oil & Gas Operators

In Ugra, It Was Proposed to Introduce Benefits for Exploration and Production of Hard-to-Recover Oil

According to the Federal Agency for Subsoil Use, in Russia over the past nine years, the volume of hard-to-recover oil reserves (TRIZ) has increased by 3.8 billion tons, an annual increase of three percent on average. In Western Siberia, 37 percent of the resources belong to this category. In the …

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