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McDermott wins contracts for two ethylene crackers in Russia

McDermott wins contracts for two ethylene crackers in Russia

McDermott International has bagged a technology contract from Baltic Chemical Company (BCC) and an extended basic engineering (EBE) contract from China National Chemical Engineering No. 7 Construction Company (CC7) in Russia for a couple of ethylene crackers. The ethane cracking project is owned by Baltic Chemical Complex, which is a subsidiary of RusGazDobycha. Under the […]

Weatherford bags $67.4m drilling contracts for Russian oil fields

Weatherford bags $67.4m drilling contracts for Russian oil fields

Weatherford International has revealed to have won a couple of contracts with a combined value of $67.4 million for providing drilling services for various Russian oil fields for two major operators. The first contract is for two-and-a-half years, said the US-based oilfield service company. Operations under this contract started in July 2019 and will go […]

Ghasha ultra sour gas project : Lukoil acquires 5% stake from ADNOC

Ghasha ultra sour gas project : Lukoil acquires 5% stake from ADNOC

Russian energy company Lukoil has acquired a 5% stake in the Ghasha ultra sour gas project in the Arabian Gulf, offshore Abu Dhabi, from the Abu Dhabi National Oil Company (ADNOC). The Ghasha ultra sour gas project will involve the development of previously undeveloped deposits of gas, oil and gas condensate across nine shallow fields, […]

Gazprom Neft begins full-scale development of Achimovsky deposits

Gazprom Neft begins full-scale development of Achimovsky deposits

Messoyakhaneftegaz, a joint venture between Gazprom Neft and Rosneft, has commissioned a horizontal well at the Vostochno-Messoyakhskoye field in the Achimov deposits located in Siberia, Russia. The commissioning of the horizontal well marks the start of the full-scale development of the Achimovsky deposits located in the Gydan Peninsula, Tazovsky district, Yamalo-Nenets Autonomous Okrug. According to […]

Novatek, Gazprom Neft begin production from East-Urengoyskoye+North-Esetinskoye field

Novatek, Gazprom Neft begin production from East-Urengoyskoye+North-Esetinskoye field

Arcticgas, a joint venture formed by Novatek and Gazprom Neft, has started commercial production at the East-Urengoyskoye+North-Esetinskoye field in Russia’s Yamal-Nenets Autonomous Region. Located within the Samburgskiy license area, in the Purovsky district, the East-Urengoyskoye+North-Esetinskoye field is estimated to produce more than a billion cubic meters of natural gas and also 0.2 million tons of […]