Eurasia Journal News

Seven New Wells Were Drilled At Belarusian Black Gold Deposits In January

The well stock of the Belorusneft company was replenished with seven new objects in January, BelTA learned from the company. Thus, specialists from the Svetlogorsk Drilling Operations Department completed drilling seven wells in January. The largest number of new facilities were built at the Rechitsa field. Also, one well each …

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Eurasia Journal News

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 …

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Eurasia Journal News

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 …

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Eurasia Journal News

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 …

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Eurasia Journal News

The Head Of Surgutneftegaz Predicted The Volume Of Oil Production In 2024

Surgutneftegaz’s oil production in 2024 will be at the same level as last year, company CEO Vladimir Bogdanov told reporters on the sidelines of the Ecology Day of the Russia exhibition and forum. “Like this (2023 – ed.),” he answered the question of what Surgutneftegaz’s production will be in 2024. …

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Eurasia Journal News

Eni will drill near Kazakhstan’s Kashagan in the Caspian Sea

The Italians, together with KMG, will conduct exploration near Kashagan, the largest offshore field in Kazakhstan. Italian Eni will drill an exploration well in the Abay block in the Kazakh sector of the Caspian Sea. The company announced its intentions to conduct geological exploration work in the shallow waters of …

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Eurasia Journal News

Rosgeo, Bashneftegeofizika And MAGE Signed A “Roadmap” For The Development Of Equipment For Geological Exploration With The Russian Government

The Government of the Russian Federation signed with Rosgeologiya, Bashneftegeofizika and the Marine Arctic Geological Exploration Expedition (MAGE) a roadmap for the development of domestic equipment for geological exploration, an Interfax correspondent reported from the signing ceremony. On the part of the government, the document was signed by First Deputy …

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Eurasia Journal News

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 …

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Eurasia Journal News

Russia Reduced Oil Production By 1% in 2023

This is due to the country’s participation in the OPEC+ agreement, noted Deputy Prime Minister Alexander Novak. In 2023, Russia reduced oil and gas condensate production by within 1%, to about 530 million tons. This happened due to the restrictions of the OPEC+ deal, Russian Deputy Prime Minister Alexander Novak …

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Eurasia Journal News

Russia Noted An Increase in Oil and Condensate Reserves in The Arctic Zone

No new hydrocarbon deposits were discovered in the Arctic zone in 2023, but the increase in recoverable reserves at existing fields in this region amounted to 13.4 million tons of oil and condensate and 60.6 billion cubic meters of gas, the head of the State Reserves Commission (SRC) Igor Shpurov …

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