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February, Tuesday



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News // Companies

Equinor reduces investment estimates for projects in development phase by $3.6 billion

Equinor reduced the estimated investments since the development plans were submitted to Norwegian authorities.

09 October 2018 , 14:06Neftegaz.RU3530

ADNOC and BHGE form a strategic partnership

Abu Dhabi National Oil Company (ADNOC) and Baker Hughes, a GE company (BHGE) today signed a strategic partnership agreement, that will enable and support the growth and development of ADNOC’s subsidiary, ADNOC Drilling, into a fully-integrated drilling and well construction provider.

08 October 2018 , 12:08Neftegaz.RU3810

Libra Consortium concludes extended well tests in the Mero field

Libra Consortium operator Petrobras has concluded on Tuesday, Oct.2, the extended well test (EWT) in the Mero field, located in the block of Libra, in Santos Basin’s pre-salt layer.Launched in November 2017, production was carried out by FPSO Pioneiro de Libra, the first Petrobras extended well testing dedicated unit equipped to inject the gas produced. FPSO is the English acronym for the vessel that produces, stores and offloads oil.

05 October 2018 , 17:25Neftegaz.RU3520

Oil discovery in the Norwegian Sea more than doubles the remaining Norne oil reserves

The further maturing of the field development has an upside potential for additional recoverable reserves from Cape Vulture.

05 October 2018 , 14:49Neftegaz.RU3200

OMV and Gazprom sign a basic sale agreement regarding Achimov IV and V phase development in the Urengoy gas and condensate field

OMV and Gazprom have signed a basic sale agreement which foresees a potential acquisition of a 24.98% interest in the Achimov IV and V phase development in the Urengoy gas and condensate field by OMV for a purchase price to be negotiated in good faith.

04 October 2018 , 12:34Neftegaz.RU4470

New Wärtsilä power plant will support industry development in Equatorial Guinea

The new plant will operate with four Wärtsilä 34DF dual-fuel engines.

03 October 2018 , 18:29Neftegaz.RU3750

Shell gives green light to invest in LNG Canada

Shell’s 40% share of the project’s capital cost is within the company’s current overall capital investment guidance of US$25-$30 billion per year.

02 October 2018 , 17:27Neftegaz.RU3360

Equinor acquires a 40% stake in the Rosebank project in the UK

The Rosebank field was discovered in 2004 and lies about 130 km northwest of the Shetland Islands in water depths of approximately 1,110m.

01 October 2018 , 16:17Neftegaz.RU3090

Transneft Diascan commissions upgraded ultrasonic 4th generation defectoscope

Transneft Diascan has upgraded an ultrasonic inspection tool for pipelines with diameters from 40" to 48". After the modernization, the tool was marked 40 UZD.04 which stands for the 4th generation of ultrasonic defectoscopes.

27 September 2018 , 16:40Neftegaz.RU3850

ExxonMobil Starts New Unit to Increase Ultra-Low Sulfur Fuels Production

ExxonMobil said that a new unit at its integrated Beaumont, Texas facility has started operations, increasing production of ultra-low sulfur fuels by about 45,000 barrels per day. 

27 September 2018 , 15:01Neftegaz.RU4150

Equinor strengthening subsea collaboration with Aker Solutions and TechnipFMC

For several decades, the subsea segment has been central in developing Equinor and the NCS.

26 September 2018 , 15:03Neftegaz.RU4290

North Sea: Total increases its share in the Danish Underground Consortium

The acquisition will increase Total’s operated share of DUC from 31.2% to 43.2%, the other partners of the consortium are Shell (36.8%) and Nordsofonden (20%, owned by the Danish State).

26 September 2018 , 09:58Neftegaz.RU4180

Total makes large gas discovery offshore UK

Total made a significant gas discovery on the Glendronach prospect.

25 September 2018 , 14:08Neftegaz.RU5650

Novatek: Significant reserve growth confirmed at the Utrenneye field

Novatek announced that upon drilling and testing of well №294 at the Utrenneye field.

19 September 2018 , 12:07Neftegaz.RU5510

Lukoil 1st in Russia certified its lubricants plants under the new IATF automotive standard

​LUKOIL Lubricants successfully completed certification of its lubricants manufacturing sites.

18 September 2018 , 18:00Neftegaz.RU6490

Uzbekneftegaz discussed the cooperation opportunities with French Beicip Franlab and Indian ONGC Videsh

A delegation of Beicip Franlab and ONGS Videsh visited Uzbekistan on September 12-15.

18 September 2018 , 14:05Neftegaz.RU4850

Cheniere and Vitol signed 15-Year LNG sale & purchase deal

Cheniere entered into a LNG sale and purchase agreement with Vitol.

17 September 2018 , 17:22Neftegaz.RU4870

Austria’s OMV to buy half of Sapura Upstream for $1.6 billion

OMV intends to acquire a 50 % stake in Sapura Energy’s wholly-owned subsidiary, Sapura Upstream.

13 September 2018 , 14:06Neftegaz.RU6430

Gazprom discussed cooperation prospects with Japan´s JBIC, Mitsubishi and Itochu

A working meeting between Alexey Miller, Tadashi Maeda, Hidenori Takaoka and Yoshihisa Suzuki, took place at the 4th Eastern Economic Forum.

13 September 2018 , 12:06Neftegaz.RU6480

Gazprom and Mitsui signed MoU on Baltic LNG project

A working meeting between Alexey Miller and Masami Iijima took place today at the 4th Eastern Economic Forum.

13 September 2018 , 10:10Neftegaz.RU6650