The third cavern of the Katharina underground gas storage (UGS) facility with the capacity of nearly 60 million cubic meters was commissioned in Bernburg. Thus, the facility’s aggregate working gas volume grew by 50 per cent and totaled some 170 million cubic meters.
December 12 marked a milestone for the Egina project in Nigeria, as an intensive drilling program got under way. Two rigs will be kept busy for a total of 3,000 days, drilling 44 wells in water depths ranging between 1,400 and 1,700 meters.
Shell has signed an agreement with ST1 for the sale of its retail, commercial fuels and supply and distribution logistics businesses in Norway. In addition, Shell’s aviation business in Norway will become a 50-50 joint venture with ST1.
Statoil has on behalf of the Mariner co-venturers awarded the contract for integrated drilling and well services on the Mariner field on the UK continental shelf (UKCS) to Schlumberger Oilfield UK Plc.
The 16th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was convened in Doha, Qatar, and chaired by His Excellency Dr. Mohammed Bin Saleh Al-Sada, Minister of Energy of Qatar, and Head of Delegation of Nigeria, as Alternate President.
Statoil and its partners have decided to develop the Rutil discovery located in the Gullfaks Rimfaks valley in the North Sea. Providing close to 80 million barrels of oil equivalent, the development will extend the lifetime of the Gullfaks A platform.
Today MOL Group has announced that the installation works to connect three wells to the existing production facilities have been completed in Shaikan block. With the addition of the three new producing wells, total production will increase to 40,000 gross boepd.
Total Energy Ventures (TEV), the venture capital arm of French energy company Total, is investing in Solidia Technologies, which has developed a process that uses carbon dioxide to manufacture sustainable cement and concrete.
Saudi Aramco’s role in the Kingdom’s chemicals industry is growing and accelerating with a strategic shift in focus designed to increase the local economic footprint of the company’s chemical investments.
The Board of Royal Dutch Shell plc (“RDS”) today announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter 2014 interim dividend, which was announced on October 30, 2014 at US$0.47 per A ordinary share (“A Share”) and B ordinary share (“B Share”).
In the 90 days up to late November 2014 around 15,000 barrels per day were released from the Badra oilfield into Iraq’s main pipeline system. This is in line with the basic terms of the field’s development contract. The Badra field is operated by Gazprom Neft.
The CLOV development in Angola was inaugurated on December 4, 2014 at a ceremony attended by Angolan Oil Minister José Maria Botelho de Vasconcelos, Sonangol Chairman and CEO Francisco Lemos Maria, Total’s CEO Patrick Pouyanné and Total’s President, Exploration & Production Arnaud Breuillac.
The XV-th report and election conference of the young employees of JSC TATNEFT was held in the Grand Hall of the "Neftche" Palace of Culture in Almetyevsk (Republic of Tatarstan), which brought together more than 700 delegates from the structural divisions, subsidiaries and management companies of JSC TATNEFT.
Located 60 kilometers from the city of Erbil, the Jisik-1 discovery well on the Harir Block was drilled to a depth of 4,511 meters and encountered light oil and gas with condensates intervals in Jurassic and Triassic carbonate reservoirs. Jisik is the second discovery in the Block, following on from the Mirawa-1 discovery, announced by Total on October 30, 2013.
Alexander Gorodetskiy, Director of Freight forwarding division at "Sibur-Trans" (transportation division of Sibur) will take part in the discussion on LPG transportation and trade channels aspects at the conference “Russia’s LPG and LNG markets” on December 5.
Statoil’s representative office in Berlin was officially opened on 27 November by marketing and trading senior vice president Rune Bjørnson. The opening of the office reflects Statoil’s increased ambitions in the German market.
Christophe de Margerie wanted energy professionals to make their voices heard in the public debate about climate change and the energy transition. And that's just what happened on Friday, November 21 at the symposium sponsored by Université Total and partner BFM Business TV. New CEO Patrick Pouyanné, who delivered the closing remarks, reminded the audience how important it is to Total to engage in discussions of the issue with the rest of society.
15 - 18 September 2015, RAO/CIS Offshore, 12th International Conference and Exhibition for Oil and Gas Resources Development of the Russian Arctic and CIS Continental Shelf, will be held in Saint-Petersburg, Russia.