Oil & Gas Operators

Russia Offered Nigeria Cooperation In Oil And Gas Exploration

The head of the Ministry of Energy of the Russian Federation Nikolay Shulginov and the Minister of Oil and Gas Resources of Nigeria Ekperikpe Ekpo discussed cooperation on creating a network of gas filling stations. Russia is ready to cooperate with Nigeria in matters of exploration of oil and gas …

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Oil & Gas Operators

Lukoil Is Discussing New Projects In Egypt

Lukoil is interested in expanding its work in Egypt and is discussing new concession areas, the country’s Minister of Petroleum and Natural Resources Tarek El-Molla told reporters. “They are good partners and they want to increase business in Egypt, they are discussing new concession areas,” he said. The minister noted …

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Oil & Gas Operators

The Number Of Oil And Gas Drilling Rigs In The World Grew For The Second Month In February, Driven By Canada

The number of active oil and gas drilling rigs in the world increased in February for the second month in a row, mainly due to Canada, according to the American oil services company Baker Hughes. On average, 1,813 installations operated worldwide last month compared to 1,784 in January. At the …

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Service Companies & Manufactures

The TAGRAS Holding Division Is Mastering The Production Of Import-Substituting Products

With government support, TNG-Group is developing an analogue of Schlumberger MDT equipment, a drill rod drive for oil refineries and parts for the bottom drum of submersible equipment for galvanizing lines. As part of the decree of the Government of the country, which gives supplier companies the opportunity to modify …

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Oil & Gas Operators

Belarusian Oilmen Set A New Record For Well Drilling

The new high-speed drilling record became another achievement of oilmen. It was installed today, March 9, at the Rechitsa field, where well No. 445 was completed. The process of drilling a new facility took only 35.6 days. “This is an absolute record for the duration of development of the so-called …

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Oil & Gas Operators

The Northern Asset Of Belorusneft Has Discovered A New Oil Deposit

In February, drilling of exploratory well No. 724s2 was completed at the Izvestinsky license area. It was founded to search for hydrocarbon deposits in the Jurassic and Cretaceous deposits of the Western Rozhdestvenskaya structure. “As a result of the development of the Yu1 formation, a gushing influx of oil with …

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Oil & Gas Operators

The Ministry Of Energy Has Revealed A Plan For Oil Production In Russia For 2024

The preliminary plan for oil and condensate production in Russia for 2024 is 523 million tons, gas – 667 billion cubic meters, said the head of the Russian Ministry of Energy Nikolai Shulginov. “Preliminarily – 523 (million tons – ed.) oil, gas – 667 (billion cubic meters – ed.),” he …

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Oil & Gas Operators

KazMunayGas And Tatneft Will Create A Joint Venture For Geological Exploration At The Karaton Podsolevoy Site

Geological exploration will begin in 2024. Oil companies KazMunayGas (KMG) and Tatneft will create a joint venture to conduct geological exploration at the Karaton Podsolevoy subsoil site in the Atyrau region of Kazakhstan. This was reported by the KazMunayGas company. “An agreement on this was reached on February 21, 2024 …

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Service Companies & Manufactures

Lenar Nazipov: Entering New Markets Is One Of The Development Priorities Of TAGRAS

The General Director of the TAGRAS Holding shared plans for developing the international market, voiced the competitive advantages of the oil and gas service group and spoke about the countries interested in the Holding’s presence on the world stage. – Lenar Limovich, the Holding is one of the leaders in …

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Oil & Gas Operators

Russia Produced 24 Million Tons Of Oil On The Shelf In 2023, And 54 Million Tons In Eastern Siberia

Russia produced 24 million tons of oil from offshore fields in 2023, Deputy Prime Minister Alexander Novak said at the international exhibition and forum “Russia”. In Eastern Siberia, 54 million tons were produced last year. “Back in 2003, practically nothing was produced in Eastern Siberia. Today we have 54 million …

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