Tag Archives: Offshore

The country’s oil and gas resources management body will launch a tender for exploration licenses in the blocks by the end of June.

Brazil becoming a relevant exporter is complicating OPEC’s efforts to control prices through supply cuts.

The Ichthys LNG Project incorporates some of the world’s largest and most advanced offshore facilities with a continuous operating life of 40 years.

The gas pipeline will stretch over a distance of about 1.100 km and will pump a total of 31.5 billion cubic meters of natural gas annually.

Over 350 chiefs of oil and gas companies of Russia. Europe and Asia will take part in the second East Russia Oil and Gas Forum.

In 2016. SOCAR produced 7.52 million tons of oil from Azerbaijan’s offshore and onshore fields. as compared to 8.16 million tons in 2015.

Oil demand will also remain surprisingly robust over the next decade.

Rosneft experts while drilling a prospecting well on the shelf of the Khatanga Bay of the Laptev Sea found that the core is saturated with oil.

Statoil’s strategy focuses on safety. high value creation and low carbon.

SOCAR produced 2.46 million tons of oil from offshore and onshore fields in January-April 2017 as compared to 2.52 million tons in the same period of 2016.