Tag Archives: International Companies

Gazprom Neft and the Government of the Yamalo-Nenets Autonomous Okrug are to expand their cooperation in developing viable technologies for exploiting Achimovsky-strata oil deposits.

The Wyoming State Geological Survey (WSGS) completed its 2019 update to the Interactive Oil and Gas Map of Wyoming.

Wells drilled horizontally into tight oil and shale gas formations continue to account for an increasing share of crude oil and natural gas production in the United States.

PJSC Lukoil concludes an agreement with New Age M12 Holdings Limited to acquire a 25% interest in the Marine XII license in the Republic of Congo for $800 million in cash.

C-Kore Systems has announced the recent deployment of their 200th subsea testing unit. The landmark event occurred during an umbilical installation operation off the coast of Australia.

Due to the production cuts. Russia’s economy is expected to grow by just 1.2 percent in 2019.

Chinese companies are investing in the development of Novatec’s LNG projects in the Arctic region of the Russian Federation.

Pipeline monopoly Transneft had assured Rosneft it would be compensated for all losses from the oil contamination.

OPEC. together with its allies. has been withholding production since the start of the year to prop up the market.

GlobalData identifies Turkey as the second largest country in terms of new-build underground gas storage capacity growth by 2023.