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2015-04-07 20:15:00

GAZPROM & PETROVIETNAM ARCTIC COLLABORATION

GAZPROM & PETROVIETNAM  ARCTIC  COLLABORATION

Further to its exclusive talks on possible cooperation, JSC Gazprom Neft and PetroVietnam have set October as a tentative deadline for prioritizing prospects and terms for their partnership at Dolginskoye field and the Severo-Zapadnyi (North West) blocks in Russia's Pechora Sea.

The agreements, signed on Apr. 6, include the formation of a dedicated working group and a list of priority oil and gas fields for the two blocks along with the establish of basic terms for future joint exploration efforts.

Dolginskoye oil field lies 120 km south of the Novaya Zemlya archipelago and 110 km north of Russia's mainland. Discovered in 1999, the field has seen four exploration wells—three in the north and one in the south. The North West license block is near Dolginskoye and Prirazlomnoye shelves where Gazprom Neft also operates.

The company said seismic work includes more than 11,000 line-km of 2D and 1,600 sq km of 3D seismic.

Dolginskoye field was discovered in 1999. Three exploration wells have been drilled, two in the north and one in the south. Gazprom Neft holds a total of five licenses for the blocks on the Arctic shelf.

ogj.com

Tags: GAZPROM, PETROVIETNAM, RUSSIA, OIL, FIELD, DOLGINSKOYE, PECHORA, SEA
GAZPROM & PETROVIETNAM  ARCTIC  COLLABORATION September, 21, 11:00:00

OIL PRICE: NEAR $79 STILL

GAZPROM & PETROVIETNAM  ARCTIC  COLLABORATION September, 21, 10:55:00

RUSSIA'S OIL PRODUCTION: 11.3 MBD

GAZPROM & PETROVIETNAM  ARCTIC  COLLABORATION September, 21, 10:45:00

UNEXPECTED OIL PRICES

GAZPROM & PETROVIETNAM  ARCTIC  COLLABORATION September, 21, 10:40:00

OIL MARKET UNCERTAINTY

GAZPROM & PETROVIETNAM  ARCTIC  COLLABORATION September, 21, 10:35:00

OPEC-NON-OPEC DECISIONS

GAZPROM & PETROVIETNAM  ARCTIC  COLLABORATION September, 21, 10:30:00

U.S. CAPITAL EXPENDITURES UP

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Chronicle:

GAZPROM PETROVIETNAM  ARCTIC  COLLABORATION
2018, September, 21, 10:25:00

U.S. ENERGY CASH: $119 BLN

U.S. EIA - Energy companies’ free cash flow—the difference between cash from operations and capital expenditure—was $119 billion for the four quarters ending June 30, 2018, the largest four-quarter sum during 2013–18 Companies reduced debt for seven consecutive quarters, contributing to the lowest long-term debt-to-equity ratio since third-quarter 2014

GAZPROM PETROVIETNAM  ARCTIC  COLLABORATION
2018, September, 21, 10:20:00

WORLD OIL DEMAND: 100.23 MBD

OPEC - Total oil demand for 2018 is now estimated at 98.82 mb/d. In 2019, world oil demand growth is forecast to rise by 1.41 mb/d. Total world oil demand in 2019 is now projected to surpass 100 mb/d for the first time and reach 100.23 mb/d.

GAZPROM PETROVIETNAM  ARCTIC  COLLABORATION
2018, September, 21, 10:15:00

IRAQ'S OIL: NO RECORD

ARAB NEWS - Oil exports from southern Iraq are heading for a record high this month, two industry sources said, adding to signs that OPEC’s second-largest producer is following through on a deal to raise supply and local unrest is not affecting shipments.

GAZPROM PETROVIETNAM  ARCTIC  COLLABORATION
2018, September, 21, 10:10:00

NATURAL GAS EXPORT UP

PLATTS - The International Energy Agency expects the US to account for 75% of the global growth in natural gas exports over the next five years, a bullish outlook for LNG developers facing challenges at home getting projects off the ground and abroad with tariffs affecting trade flows.

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