Thursday, December 14, 2017

Gas Production News

Statoil Works to Restart Troll A Gas Platform

File Image: one of Statoil's Troll installations located in the North Sea. (CREDIT: Statoil)

Norway's Statoil is working on start-up procedures to restore gas production from its Troll A platform in the North Sea, which was shut on Tuesday following a power outage and a related gas leak, the firm said on Wednesday.

Russia's Gazprom says Jan-Nov Gas Exports Up

Russian gas exports outside ex-Soviet countries increased 8.3 percent, year-on-year, in January-November to 175 billion cubic metres (bcm), Gazprom said on Friday. Gazprom Group's gas production increased…

Sonatrach Plans Closer Ties with Total on Energy Projects

Algerian state energy firm Sonatrach and Total are planning to work more closely together on offshore, petrochemical, solar energy and shale exploration projects, Sonatrach's CEO said on Wednesday. The CEO's…

UK Energy Prices Spike on North Sea Pipeline Casualty

British power and natural gas prices spiked on Monday afternoon, after a shutdown of the Forties oil and gas pipeline in the North Sea exacerbated ongoing supply outages and already high demand due to colder-than-normal weather.

Qatari Energy Minister Sees LNG Oversupply

© mmmx / Adobe Stock

Qatar's energy minister, Mohammed al-Sada, said on Wednesday he expects oversupply of liquefied natural gas in the coming years due to increased production, but the market should tighten after 2025. Al-Sada…

Koryakin to Head Gazprom Dobycha Urengoy

Alexander Koryakin

Alexander Koryakin is appointed Director General of Gazprom Dobycha Urengoy. Alexander Koryakin was born in Chelyabinsk in 1968. He graduated from Perm Polytechnic Institute in 1992, majoring in Oil and Gas Field Development.

Koryakin Heads Gazprom Dobycha Krasnodar

Alexander Koryakin

Alexander Koryakin is appointed Director General of Gazprom Dobycha Krasnodar. Born in Chelyabinsk in 1968, Alexander Koryakin graduated from Perm Polytechnic Institute in 1992, majoring in Oil and Gas Field Development.

Are the Good Times Over for Growth in U.S. Shale Gas?

U.S. natural gas production could decline in 2016 for the first time in 10 years, driven by low oil prices after a decade of gangbusters growth from shale plays. While most analysts forecast gas production will continue growing year-over-year…

Chevron to Study Mexican Oil Block

U.S. oil major Chevron Corp will focus on studying the geology of its block in Mexico's deepwater Gulf during the first four-year phase of its contract, rather than drilling new wells, a senior executive said on Thursday.

Sorokin heads Gazprom Gazobezopasnost

Anatoly Sorokin

Anatoly Sorokin was appointed Director General of Gazprom Gazobezopasnost. Anatoly Sorokin was born in the Orenburg Region in 1960. He graduated from Kuibyshev Polytechnic Institute in 1983, majoring in Technology…

USA Sees Shale Gas Production decline

Shale gas progress

The Gazprom Board of Directors took notice of the information about the results of monitoring shale gas industries evolution around the world. It was stressed that the key trends of the global shale gas industry…

Petrobras Production up in July

Petrobras

Petrobras' average oil and natural gas production rose 1.8% in July compared to the previous month and reached 2.796 million barrels of oil equivalent per day (boed). The Company produced 2.746 million boed in June.

Zakharov to Lead Gazprom Dobycha Krasnodar

Andrey Zakharov will take over leadership at Gazprom Dobycha Krasnodar. Earlier he was elected Director General of the company. He was born in 1963 in the Volgograd Region. In 1985 he graduated from Millionshchikov Grozny State Petroleum Institute…

Argentina Wants more Gas from Bolivia

Argentina has asked neighbor Bolivia for more gas supply, Bolivia's Oil Minister said on Wednesday. Bolivia has demand for up to 30 million cubic meters of additional gas supply, Luis Alberto Sanchez Fernandez…

Gazprom Boosting Gas Industry in Eastern Russia

Kirinskoye onshore processing facility

The Gazprom Management Committee addressed the Company's large-scale efforts aimed at implementing the Eastern Gas Program. It was noted that the gas industry growth in Russia's East was strategically important…

Force Majeure Declared on Some North Sea Liftings

Pipeline shut on Dec. 11; repair work could last several weeks. Deliveries of crude oil through the Forties pipeline in the North Sea are under force majeure for the first time in decades and operator INEOS…

Statoil, partners study Troll post-2020 Expansion

File Image: An offshore Statoil Production operation (credit: Statoil)

Norwegian oil firm Statoil and its partners are studying the possibilities of expanding gas production at Norway's biggest field, Troll, after 2020, the company said on Monday. The Troll field in the North…

Yuganskneftegaz Stimulates Construction of Wells at Priobskoye

Yuganskneftegaz Group Officials

Rosneft subsidiary Yuganskneftegaz officially opened two new oil and gas production units at the Priobskoye field, oil and gas production unit–22 and oil and gas production unit–23. The creation of new production…

Far East Energy Reports Increased Gas Production

Far East Energy Corporation (FEEC), the U.S. listed company that operates the Shouyang Block Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, People's Republic of China, confirms…

Petrobras Oil Output Jumps 4% in May

Brazil's Petrobras produced 2.18 million barrels per day of crude oil on average in May, a 3.9 percent increase over the prior month, the state-owned company said on Monday. Natural gas production rose 0.5 percent to 78.9 million cubic meters per day…