Tag Archives: Development

OPEC and allied oil producers including Russia are discussing new ways of measuring global crude stockpiles.

This discovery as an important milestone in the development of exploration and production projects abroad.

Barkindo took over as Secretary General of OPEC in August 2016.

Eighteen Nordic companies pressed EU energy ministers yesterday in a letter in an attempt to get the politicians to back 35% renewable energy target by 2030.

Russia’s next major liquified natural gas project is likely to be served by a fleet of domestically built vessels sailing under Russian flag.

The idea was revived in the late 2010s with the rise of demand for power for offshore oil and gas drilling and the creation of safer reactor technologies.

Novatek was established in 1994 and is involved in the exploration. production. processing and marketing of natural gas and liquid hydrocarbons.

The terminal will be a key logistics hub for the Yamal LNG project as well as future Arctic LNG production projects.

The US is ready to work closely with the countries of the region in this direction.

The first phase of the field’s development envisages drilling of one well at a sea depth of 470 meters.