Eni reached a record level of production of 70 thousand barrels of oil per day in the Western Desert of Egypt, doubling its level of production in the area in just three years. Such result was achieved mainly thanks to the Melehia development lease, located 290 kilometers west of Alexandria.
The United States is at risk of losing economic opportunity and the ability to solidify its role as a global leader in energy production unless the government moves to approve liquefied natural gas (LNG) exports, Rob Franklin, president of ExxonMobil Gas & Power Marketing Company, said today.
The Kirill Lavrov tanker has delivered a new batch of ARCO arctic oil to Europe in its sixth shipment of oil. More than 2.9 million barrels of oil have been extracted from the Prirazlomnoye oil field since production began.
Consolidated Rosneft gas production in the first quarter increased by 19.7% compared to the same period last year and amounted to 15.8 BCM. Thus, the Company is among the three largest producers of natural gas in Russia and continues to hold a leading position in terms of growth and efficiency of production.
The subsea tie-back and installation project to connect the Pateke-4H well to the Tui area oil fields in PMP 38158 has been successfully completed and oil production has commenced, the operator has advised.
Gazprom Neft, the operator of the Badra field development project, has received the first batch of Kirkuk grade oil from the Iraqi government.
AWE Limited (ASX: AWE), as Operator of PMP 38158, advises that the subsea tie-back and installation project to connect the Pateke-4H development well to the Tui area oil fields gathering system has been successfully completed and that oil production has commenced.
Gazpromneft Bitumen Materials (Gazpromneft BM LLC), operator of the Gazprom Neft bitumens business, has completed the first shipment of polymer—bitumen binders* to Italy, having also begun supplying the Czech Republic and Lithuania since the beginning of this year.
Gazprom Neft and Vietnam Oil and Gas Group (Petrovietnam) have signed a series of agreements to extend their collaboration activity. The documents were signed in Hanoi (Vietnam), in the presence of the Prime Minister of the Russian Federation, Dmitry Medvedev and the Prime Minister of Vietnam, Nguyễn Tấn Dũng.
Eni, following its participation in the competitive International Bid Round launched by the Republic of the Union of Myanmar, signed two Production Sharing Contracts (PSC) for offshore blocks MD-02 and MD-04. The contracts were signed in Nay Pyi Taw, in the presence of the country’s Energy Minister.