In the first half of 2017. the ACG field production averaged 585000 bpd from the six platforms.
Read More »Oil. Gas to Be Big Part of Energy Mix for Decades to Come
BP is a global energy company with wide reach across the world’s energy system.
Read More »Russian Firm Seals Energy Exploration Deal to Drill South African Shelf
Under the terms of the agreement. the daily volume of extracted gas is set to reach four million cubic meters. The gas will then be delivered to a gas-to-liquid refinery at Mossel Bay.
Read More »France`s Total to Invest $2bn in Qatar`s Al-Shaheen Oilfield after Stake Award
State-owned Qatar Petroleum (QP) will keep the remaining 70 percent in the new joint venture for the Al-Shaheen field.
Read More »Eni Talks on Oil&gas Projects in Iran
The Kish gas field is expected to yield 28 million cubic meters per day of gas. to be used domestically. and 11.300 bpd of gas condensate set for export.
Read More »Russian Deputy PM Backs Gerhard Schroeder`s Candidacy for Rosneft Board
Schroeder held the office of the German chancellor in 1998-2005 and was the leader of the SPD in 1999-2004.
Read More »Total Could Miss Out On 14 Billion Barrel Brazilian Reserves
The subject of the study is an area that could contain up to 14 billion barrels worth of oil reserves.
Read More »Pressure for Nigeria to Join OPEC Cuts to Rise as Oil Output Reaches Full Capacity
Nigeria'.s oil production. including crude oil and condensates. is currently at around 2.2 million to 2.3 million b d.
Read More »Russia Aims to Spend $2.7 Billion on Arctic Development Before 2025
The Arctic has been in focus in recent years amid the deterioration of relations between Russia and the Western powers amid the Ukrainian crisis.
Read More »Despite New U.S. Sanctions. Russian Oil Traders Business as Usual
Several Russian banks are already subject to U.S. and European Union sanctions.
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