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12.09.2018
Zohr project's production capacity has been increased by 25%
Production capacity of Zohr project, developed by the consortium of Eni, Rosneft, BP and Mubadala together with the Egyptian oil and gas companies, has been increased by more than 25% to more than 56.6 mcm of gas per day (2 bcf per day) More»
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10.09.2018
Gazprom Neft, Mubadala Petroleum and the RDIF announce the completion of a transaction to jointly develop oil fields in Western Siberia
Gazprom Neft, Mubadala Petroleum and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of the Russian Federation) have announced the completion of a transaction establishing a joint venture to develop oil fields in the Tomsk and... More»
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06.09.2018
Gazprom begins start-up operations at third gas production facility of Bovanenkovskoye field
The Gazprom continues to implement the extensive Eastern Gas Program and to build facilities associated with supplying gas to domestic consumers and to China More»
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05.09.2018
Oil's Next Hotspot: The Cowboy State
As the crude powerhouse that is Texas’ Permian Basin becomes old news, oil explorers are looking for the next big thing--and they have found it in the more-than 4000 feet of stacked pay in Wyoming’s Powder River Basin. In Powder River, Big Oil... More»
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04.09.2018
Belarusian oilmen are drilling sidetracks in Ukraine
Works under the contract with the Ukrhazdobycha are performed by OOO Service Oil, a subsidiary of Belorusneft. The first site for the new service of Belarusians in Ukraine was well No. 81 of Chutovskaya Square. We worked on a Canadian drilling rig... More»
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03.09.2018
Drowning in dirty water, Permian seeks $22-billion lifeline
In the dry, dusty plains of West Texas, home to America’s most prolific oil play, the problem isn’t too little water, it’s too much of it. More»
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30.08.2018
Gazprom’s gas reserves on Russian continental shelf add 768 billion cubic meters in 2018
Gazprom had the largest amount of explored natural gas reserves in the world, totaling 35.4 trillion cubic meters (А+В1+С1 categories) as of December 31, 2017. More»
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28.08.2018
Oil crisis gave Norway's giant field a $10-billion boost
Right before Norway’s biggest oil project in decades got the go-ahead in 2015, crude prices fell off a cliff. That turned out to be perfect timing. More»
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27.08.2018
Losing Lofoten would imperil Norway’s Arctic push, oil boss warns
Backing down on drilling off Norway’s Lofoten islands could also threaten the search for 16 Bbbl of oil and gas that lies beneath the Barents Sea, the country’s energy minister said. More»
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22.08.2018
The productivity problem In the Permian
The multi-year campaign to boost efficiency and productivity in the U.S. shale patch could be nearing its limits. More»
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