Jointly organized by NACE International and Saint Petersburg Polytechnic University, CORROSION – Oil & Gas 2019 brings together corrosion professionals in Saint Petersburg on May 22-24, 2019. Advance your knowledge in corrosion mitigation by attending this conference and learn from corrosion experts on the following topics: Cathodic Protection, Coatings and...
The CEO of French oil and gas company Total S.A, Patrick Pouyanne said that the company would buy 10 percent share of LNG terminals of Novatek in Murmansk and in the Kamchatka region of Russia, arctictoday.com reported. The statement came during a Thursday meeting in the Kremlin between Pouyanne and...
Rosnedra has confirmed a record oil find in the Yenisey River delta. Russia’s state mineral extraction agency estimates that the Paykha fields may hold as much as 8.4 bbls where the Yenisey flows into the Kara Sea. Russia's business daily Kommersant called the estimate one of the largest...
The Hellenic (Greek) Hydrocarbon Resources Management (HHRM) department reports that seismic studies of Crete's offshore predict major reserves located to the south. ”The team of HHRM completed the processing of seismic data to accurately map the geometric structures in the marine areas of central Ionian and south of Crete,” the...
Cyprus and Lebanon agreed to start negotiations on the exploitation of hydrocarbon reserves straddling the median line between their respective exclusive economic zones (EEZ), the Cyprus Mail reported. Foreign Minister Nicos Christodoulides, and Energy Minister Yiorgos Lakkotrypis, held talks in Beirut on Thursday with Lebanon’s Foreign and Energy Ministers, Gebran...
Czech Metrans Rail will operate a weekly China-Slovakia freight train crossing Ukraine in November, cutting 520 km off the usual Belarus-Poland route. In late September, Metrans Rail, a private Czech company, ran a 44-container train from Xi'an, China to Danube-Streda, Slovakia. The experiment proved the efficiency and cost savings of...
Sulzer GTC Technology has signed an agreement with JSC SIBUR-Neftehim (SIBUR) to provide its licensed pyrolysis gasoline (pygas) processing technologies. This includes design of the fractionation, first and second stage hydrotreating, aromatics extraction and thermal hydrodealkylation technologies. The system is intended to modernize gasoline production at SIBUR’s Kstovo olefins...
Russian gas producer Novatek said on  that it had signed agreements with two Chinese companies to sell a combined 20 percent stake in its new liquefied natural gas project, Arctic LNG 2. Under the agreement, the Chinese firms -CNOOC and CNODC - will become shareholders in the Arctic LNG project...
BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea. The $6 billion development includes a new offshore platform and facilities designed to process up to 100,000 barrels...
Weatherford International plc (OTC-PINK:WFTIQ) has signed two drilling services contracts totaling $67.4 million with two Russian majors. The first contract spans two-and-a-half years. Operations began in July 2019 and will last through the end of 2022. Weatherford will provide logging-while-drilling (LWD), measurement-while-drilling (MWD), rotary steerable systems (RSS), drilling, and geo-data...