upstream

Nedra Digital creates unique digital engineering services for managing oil and gas exploration, development and production operations. A comprehensive response to Upstream challenges – a multiple increase in process efficiency. This year, Nedra Digital experts will share their experience in creating and building a digital and operational landscape for the …

British oil and gas company BP Plc expects an increase in production in the upstream segment in the first quarter compared to October-December 2023, it said in a statement. In the gas and low-carbon energy subsegment, a slight increase in production is expected, while in the oil subsegment – a …

For 2013, Alliance Oil Company plans to further reduce upstream capital expenditures to 250-290 MUSD[1] and focus on organic development of production assets in all regions, launching gas production in the Tomsk region and evaluating exploration potential in the Timano-Pechora region. Downstream capital expenditures are budgeted at 430-490 MUSD[2], essentially in line with 2012 …

In 2012, Alliance Oil Company’s total upstream volumes increased by 10% to 19.7mbbl (53,900 bopd) from 17.9 mbbl (49,000 bopd) in 2011. The preliminaryrefining volumes in 2012 increased by 13% to 29.3 mbbl (80,100 bopd) from 26.9 mbbl (73,650 bopd). Preliminary crude oil and oil product sales amounted to 19.3 mbbl and 29.9 mbbl respectively in …

LUKOIL has acquired a 25% stake in the geological exploration, development and production project at the SL-4B-10 offshore block in the waters of the Republic of Sierra Leone in the Gulf of Guinea. LUKOIL acquired this stake from Canada’s Talisman Energy, the project operator. The other project parties are Malaysia’s Petronas (25%) and Britain’s Prontinal Ltd (20%). The block, with …

TNK-BP announces that it has been joined by Johan van Scherpenzeel and Andrey Mukhachev who previously held managing positions in major international oil and gas companies. Johan van Scherpenzeel has been appointed Vice President, Operations, Downstream. In that position, he will lead and manage the oil refining segment of the …

VIII International Conference OFFSHORE UPSTREAM DEVELOPMENT IN RUSSIA AND CIS – 2012 May 17-18, 2012, Baltschug Kempinski, Moscow   Organizer: RPI Supported by: Gazprom Supported by: Murmanshelf Sponsors: Deloitte, Pepeliaev Group, SATIS, GE Transportations, Rutter, MAX STREICHER, Interunity.   DON’T MISS A SPECIAL “EARLY BIRD” REGISTRATION FEE AVAILABLE ONLY TILL 30.04! Day …

Victor Saveliev, ex-Director of the Exploration and Resource Base Development Directorate, ОАО Gazprom Neft, was appointed new Vice President for Upstream, ОАО NGK Slavneft. He superseded Alexander Zhargin who terminated his powers as he was engaged by another company. Victor A. Saveliev was born in Almetievsk in 1963. He took …

Alliance Oil Company’s average daily oil production for the first quarter of  2012 amounted to 56,400 bopd compared to 45,800 bopd in the first quarter of 2011. In total, 5.1 mbbl were produced compared to 4.1 mbbl in the first quarter of 2011. Preliminary average daily refining volumes at the Khabarovsk refinery amounted to 74,900 bopd in the first …

Mark Thomas When it comes to the offshore market, Russia is perceived by the global upstream industry as a sleeping giant that is only now beginning to wake up. With massive and largely undisputed resources on its continental shelf, it’s not a case of if but when this huge source …