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Russia’s Rosneft, Gazprom Neft mulling expansion of cooperation with Sudanese companies
Russian companies Rosneft, Gazprom Neft and Technotec are considering the option to expand cooperation with Sudanese firms, Russia’s Ministry of Natural Resources and Environment said in a statement.
read more... 24/07/2018
Russia ready to invest $50 billion in Iran’s oil & gas projects
Ali Akbar Velayati, Ayatollah Ali Khamenei’s top diplomat, said after the meeting with President Vladimir Putin, that Russian President has announced his country’s readiness to make $50 billion of investment in Iran’s oil and gas projects.
read more... 16/07/2018
Savannah makes oil discovery at Kunama-1 exploration well in Niger
The oil find at the Kunama-1 well, which was drilled by the GW 215 Rig to a total measured depth of 2,460m, marks the firm’s third consecutive discovery in its maiden exploration campaign in the R3 portion of the R3/R4 PSC Area in ARB.
read more... 13/07/2018
Russia extends Kharyaga oil field PSA with Total to 2031
The Russian government is extending a production sharing agreement with France's Total for development of the Kharyaga oil field by 13 years to the end of 2031, in the latest sign that many Western majors' operations in Russia are continuing despite sanctions on the oil sector.
read more... 11/07/2018
Baku-Tbilisi-Ceyhan pipeline carried nearly 3B barrels of oil to global markets over 12 years
Carrying Azerbaijan's oil extracted from the Caspian Sea to the international markets, the Baku-Tbilisi-Ceyhan (BTC) crude oil pipeline, which was dubbed as the energy project of the century at the time, has transferred nearly 3 billion barrels of crude oil from its offshore terminal in Ceyhan since 2006.
read more... 09/07/2018