"energyvoice" said : Craig International nets £5m contract with Premier Oil - News for the Oil and Gas Sector
collected by :Jack Luxor Craig International is one of three divisions at shipping and energy services-focused Craig Group, alongside North Star Shipping and Craig Group Leisure. Craig Group, of Aberdeen, said yesterday it had won a five-year contract worth up to £5million with Premier Oil in the North Sea. It now operates in Europe, Africa and the US in offshore support, emergency response and rescue vessels, oilfield procurement services and leisure. The deal is for procurement services covering all of Premier's maintenance and repair operations in the UK sector. It will see the UK office of group subsidiary Craig International and its global supply network deliver all aspects of the procurement process, from sourcing to logistics.
referring to
Russia's Oil Production 1970-2020 and Russia's Deep-Hole Oil & Gas Exploration Drilling. Russia's oil sector has been consistently hoodwinked by analysts, who, beginning from the early 1980s predicted an imminent production slump. This stands in stark contrast with pre-sanction period achievements, for instance, 2014's largest find, Pobeda, is believed to contain 130 million tons of oil and 0.5TCm of gas. In 2016, oil and gas companies in Russia discovered 40 prospective fields, however, the 3P reserves of the largest among them, Rosneft's Nertsetinskoye, amounted to 17.4 million tons. Lastly, one should not underestimate the tenacity of Russia's conventional oil reserves, which thanks to enhanced oil recovery techniques and supplementary exploration will remain a force to be reckoned with.
Hurricane Energy PLC ( ) told investors that the Halifax exploration well encountered a very significant oil column, meaning the confirmation of a multi-billion barrel oil discovery is now likely. The company last week told investors that it had completed the well, and that it had encountered evidence of gas. So far, 160,000 barrels of oil have been delivered to the export terminal while some 160,000 presently awaits imminent injection. ( ) told investors it has now produced more than 330,000 barrels of crude since January, following the restart of production from the Opuama-3 well only. This is a very big statement, given that the Halifax well is located some 30 kilometres from the Lancaster field.
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referring to
Opinion: When will Russia run out of oil? - News for the Oil and Gas Sector
Russia's Oil Production 1970-2020 and Russia's Deep-Hole Oil & Gas Exploration Drilling. Russia's oil sector has been consistently hoodwinked by analysts, who, beginning from the early 1980s predicted an imminent production slump. This stands in stark contrast with pre-sanction period achievements, for instance, 2014's largest find, Pobeda, is believed to contain 130 million tons of oil and 0.5TCm of gas. In 2016, oil and gas companies in Russia discovered 40 prospective fields, however, the 3P reserves of the largest among them, Rosneft's Nertsetinskoye, amounted to 17.4 million tons. Lastly, one should not underestimate the tenacity of Russia's conventional oil reserves, which thanks to enhanced oil recovery techniques and supplementary exploration will remain a force to be reckoned with.
Hurricane Energy PLC ( ) told investors that the Halifax exploration well encountered a very significant oil column, meaning the confirmation of a multi-billion barrel oil discovery is now likely. The company last week told investors that it had completed the well, and that it had encountered evidence of gas. So far, 160,000 barrels of oil have been delivered to the export terminal while some 160,000 presently awaits imminent injection. ( ) told investors it has now produced more than 330,000 barrels of crude since January, following the restart of production from the Opuama-3 well only. This is a very big statement, given that the Halifax well is located some 30 kilometres from the Lancaster field.
read more visit us oil markets
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