Gazprom Neft Will Use SKIF to Increase the Efficiency of Oil Production
Gazprom Neft PJSC has become the first industry partner of the Siberian Branch of the Russian Academy of Sciences in the project to create the Siberian Ring Photon Source (SKIF) – the company will use the development to study rocks in the future, Gazprom Neft said in a statement. The …
Canadian Shale Producers Promised to Increase Production by 8%
Canada plans to produce 350,000 b/d of oil from northern Alberta tar sands in 2025 Since the beginning of summer, wildfires and a field maintenance season have caused a decline in Canadian oil production, but companies have promised to increase production by 8%, writes Reuters. According to analysts, total production …
Turkish Subsidiary of SOCAR AQS to Drill 4 Oil Wells in Southeast Turkey
The Turkish company SOCAR AQS Sondaj Muhendislik Sanayi ve Ticaret A.S (SOCAR AQS Turkiye) and the Turkish state oil company TPAO signed a drilling contract. SOCAR AQS Turkiye is a subsidiary of SOCAR AQS drilling company. “The contract provides for the drilling of 4 oil wells by SOCAR AQS Turkiye …
TPU Will Create Technologies for the Production of Hard-to-Recover Oil
Today, at the site of the X International Technoprom Forum for Technological Development, Tomsk Polytechnic University signed an agreement on joint research and development of technology for the production of hard-to-recover oil. The university joined the consortium “Synchrotron Radiation in Oil and Gas Technologies” together with the Center for Collective …
Norway Increased Production of Liquid Hydrocarbons in July Worse than Expected
Norway in July 2023 increased the production of oil, condensate and NGL by 9% year-on-year, to 2.037 million barrels per day (b / d), according to preliminary data from the Norwegian Petroleum Directorate (NPD). The indicator turned out to be worse than the NPD forecast, which expected production at the …
Guyana Could Become the Fastest Growing Oil Province in the World
The consortium, which includes ExxonMobil, US oil company Hess and China’s CNOOC, plans to spend $12.93 billion to develop its sixth offshore oil project in Guyana. The floating production platform for the Whiptail project will start operating in 2027 and will provide more than 1.2 million barrels per day of …
Daily Oil Production in Kazakhstan has Recovered After the Liquidation of the Energy Accident
Oil production in Kazakhstan over the past day, August 20, amounted to 234.3 thousand tons of oil, according to the materials of the situational and analytical center of the fuel and energy complex under the Ministry of Energy. As explained in the department, production was restored after the liquidation of …
Oil Production in Kurdistan is Recovering
Norwegian DNO resumes production at the Tawke field in Iraqi Kurdistan after pipeline supplies from the region to the Turkish port of Ceyhan resumed for further exports The Norwegian DNO, which is developing oil deposits in Iraqi Kurdistan, has announced the resumption of production at the Tawke field. Production was …
Petrobras Upgrades Offshore Hydrocarbon Platforms in Brazil
State-owned Petrobras has put into operation two new production platforms for offshore fields in Brazil. These facilities will not only help increase hydrocarbon production, but also reduce the burden on the environment, the company reports. One of the installations is called Anita Garibaldi, the other is Anna Nery. Both platforms …
APA Corporation Will Invest $1.4 Billion in Egypt’s Oil Sector in 2024
Company CEO John Christman said that APA Corporation “looks forward to support in making decisions to continue its involvement in the Egyptian market.” The American company APA Corporation intends to invest about 1.4 billion US dollars to develop projects in oil Egypt in 2024. This was announced by the Cabinet …