Valemon is a gas and condensate field in the northern sector of the North Sea. just west of Kvitebjørn. The field has been developed using a fixed production platform. Production began in 2015.
Read More »Aramco. Rosneft Agree to Conduct Joint Marketing with Pertamina
Pertamina. which owns 55 percent of both projects. was previously the sole off-taker of output by the Cilacap and Tuban refineries.
Read More »China’s CEFC in talks to acquire stake in Rosneft
CEFC would be the first privately held Chinese firm to invest in a major oil giant.
Read More »Russia Remains 2017 Largest Oil Producer in the World
The market data from JODI shows that Russia remains the world’s largest oil producer.
Read More »Statoil Receives Consent for Exploration Drilling at Gina Krog
Exploration well 15 6-14 S. which Statoil has now received consent to drill. is to be drilled as a sidetrack from existing well 15 6-B-2.
Read More »US Sanctions Will Not Affect Construction of Turkish Stream. Akkuyu NPP
Akkuyu NPP is expected to be launched by 2023. Donmez said.
Read More »Total’s Ice-Class LNG Tanker Makes Arctic Passage Unaided
Global warming has made the northern passage along Europe and Asia navigable for longer periods in recent years.
Read More »Shell to Deploy Maersk Drilling Rig for Work Offshore Trinidad
The new deal extends the contract from 95 days up to a total of 140 days.
Read More »Russia Claims to Have Invented Alternative to Fracking
The project partners plan to begin the first tests at operational wells of one of Rosneft’s subsidiaries in September. according to the University of Tyumen.
Read More »Iran May Start Oil Supplies to Russia Within Month
Moscow and Tehran may shortly agree upon conditions for sale of 100.000 oil barrels per day.
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