Gazprom spuds first producing well at Kharasaveyskoye field
The Kharasaveyskoye field, in the Yamal peninsula, has estimated gas reserves of approximately 2 trillion m3.
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The Kharasaveyskoye field, in the Yamal peninsula, has estimated gas reserves of approximately 2 trillion m3.
The cut and recover operation was carried out for Wintershall Dea Norge.
Oil prices fell this morning, as traders priced in fears of a second round of Covid-19-related demand decline.
The Balder Future project is aiming to extend the life of the area to 2045.
The suspension will last for up to 12 months.
The prediction comes as a result of the company's expectation of weak demand for energy for a prolonged period and a faster transition away from fossil fuels due to the ongoing Covid-19 pandemic.
The acts of sabotage took place at Ecopetrol’s La Cira-Infantas oilfield, near the city of Barrancabermeja, which produces around 35 000 bpd.
The Curlew FPSO operated in the North Sea.
The two companies have reached agreement on the terms of a recommended all-share merger, which would see Bahamas Petroleum acquire Columbus for approximately £25 million.
Stuart Kinnear, Interface Fluidics, reveals how venture capital firm Phaze Ventures worked with Interface Fluidics, a technology-enabled oil and gas lab service company, to bring new oil optimisation solutions to market.
The £62 million Energy Transition Fund will support businesses in the oil, gas and energy sectors over the next five years as they grow and diversify and will help attract private sector investment in the region.
Wells 34/4-15 S and 34/4-15 A in production licence 882 will be drilled from the Deepsea Yantai drilling facility.