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15.10.2015
Operators Turn to Robotic Drilling, Other Innovations to Battle Low Oil Price
Low oil prices are driving operators toward innovations from robotic drilling to advanced seismic imaging, as they restructure and streamline operations in order to cut down non-productive time (NPT) and shave costs. More»
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13.10.2015
Modernization of Prirazlomnaya will fivefold oil production
A planned modernization of Gazprom´s Prirazlomnya platform will increase production capacity from 22,000 tons to 100,000 tons per day. More»
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09.10.2015
Re-injection well brought into operation at Prirazlomnoye field
Consistent with scheduled development at the Prirazlomnoye field, a re-injection well has been brought into operation on the Prirazlomnaya ice-resistant offshore platform, following drilling operations by Russia’s Gazprom Burenie. More»
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06.10.2015
Gazprom prepares new Arctic terminal
The Novy Port will be ready for export of two million tons of oil in 2016. More»
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02.10.2015
Shell abandons oil exploration in Arctic Ocean
Results of its multi-billion dollar efforts in the Chukchi Sea have been “clearly disappointing,” states the oil giant. More»
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01.10.2015
Made in China for Russian shelf
Chinese companies will provide a lion’s share of the technology needed for Russian offshore energy projects, the government plans. More»
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28.09.2015
More than 800,000 tonnes of oil produced at Prirazlomnoye field
The Mikhail Ulyanov tanker has delivered the twelfth consignment of ARCO oil to European customers. On which basis, the total volume of crude exported by Gazprom Neft since the commencement of commercial production at Prirazlomnoye now stands at... More»
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24.09.2015
Upstream Cost Cuts Must Go Deeper to Save Projects
In a comprehensive analysis looking at the impact of cost deflation on the global upstream oil & gas sector, Wood Mackenzie concludes that while operators are seeking an average cost reduction of 20-30% on projects. More»
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23.09.2015
Gazprom Neft wins licensing round for Novochatylkinsky subsoil concession, Yamalo-Nenets Autonomous Okrug
Gazprom Neft has secured subsoil usage rights to the Novochatylkinsky licence block, including part of the Chatylkinsky oilfield. More»
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23.09.2015
Russian Gas Summit 2015
The Russian Gas Summit is an exclusive closed-door environment attended by decision makers from major companies of the oil & gas industry. More»
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