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Found 1938 news

  • Turkmenistan plans to increase production from the “Galkynysh” field
    caspianbarrel.org - 12:14 Nov 04, 2024
    Turkmenistan plans to significantly increase gas production at one of the country’s largest fields, “Galkynysh,”  Stephen Travers, director of “GaffneyCline” stated  at the international conference and exhibition “Oil and Gas of Turkmenistan – 2024” in Ashgabat. “By 2030, gas production volumes at this field will increase to 160 mcm per day, opening new opportunities for […]
    Tags: Galkynysh Turkmenistan
  • MVM: Gas Production from “Shah Deniz-3” Project Expected in 2029
    caspianbarrel.org - 12:08 Nov 04, 2024
    Gas production from the third phase of the “Shah Deniz” gas-condensate field in the Azerbaijani shelf is expected to begin in 2029, Hungarian MVM, a shareholder in the project, reported to Interfax. “Production is expected to start in 2029 with three wells, achieving an annual output of 2 bcm,” the company stated. Currently, the production […]
  • Exxon Mobil’s daily production hits a 40-year record in Q3
    caspianbarrel.org - 11:45 Nov 04, 2024
    The U.S. oil and gas giant Exxon Mobil achieved a daily production of 4.6 million barrels of oil equivalent in the third quarter. “This quarter, we reached the highest level of liquid hydrocarbons production in the last 40 years. We produced 4.6 million barrels of oil equivalent per day, reflecting our first full quarter with […]
    Tags: Exxon Mobil
  • “Abay-1” well drilled by “Eni” in the Kazakh sector of the Caspian was dry
    caspianbarrel.org - 11:34 Nov 04, 2024
    Isatay Operating (a joint venture between Italy’s “Eni” and “KazMunayGas”) has completed drilling the exploratory well “Abay-1” in the marine block “Abay” in the Kazakh sector of the Caspian Sea. The planned depth of the well was 2,500 meters, according to Kazakh media. It is worth noting that the “Abay” block is located in the […]
    Tags: Abay-1 Kazakh Caspian
  • Russia increased pipeline gas exports to Europe by 15%
    caspianbarrel.org - 11:18 Nov 04, 2024
    From January to October 2024, Russia boosted its pipeline gas exports to Europe by more than 15%, reaching 26.52 bcm, TASS reported based on daily data from Gazprom on transit through Ukraine and the European Network of Transmission System Operators for Gas (ENTSOG). In the same period of 2023, Russian pipeline gas supplies to Europe […]
    Tags: Europe Russia
  • SOCAR Polymer LLC is looking for an Analyser Specialist
    caspianbarrel.org - 12:52 Nov 01, 2024
    Department:                       Engineering & Maintenance Location:                              Sumgait   JOB SUMMARY   This position is expected to deliver specialist technical support, assurance and training of personnel for all online field analysers and gas detectors. He/she will be expected to work across the field of Analysers for operations. The analyser specialist is expected to have knowledge and experience […]
  • International Company is looking for Field Engineer
    caspianbarrel.org - 08:21 Oct 30, 2024
    Main Requirements to Candidate: Engineering Degree Minimum 3 years of relevant oil field experience Good mechanical aptitude Understanding of pressure safety Good organizational and planning skills Ability to work closely with other team members Helpful and highly motivated with the ability to priorities workloads Good attention to detail Flexible and able to support and interface […]
  • International Company is looking for Well Site Supervisor
    caspianbarrel.org - 08:20 Oct 30, 2024
    Main Requirements to Candidate: Previous supervisory experience in the oil field – 5 years IWCF Level 4 Good mechanical aptitude Excellent organizational and planning skills Ability to give direction, supervise and mentor junior personnel Knowledge and experience with traditional drilling practices and well control Helpful and highly motivated with the ability to prioritize workloads Good […]
  • International Company is looking for Field Specialist
    caspianbarrel.org - 08:14 Oct 30, 2024
    Main Requirements to Candidate: Relevant education Minimum 3 years of relevant oil field experience Good mechanical aptitude Understanding of pressure safety Good organizational and planning skills Ability to work closely with other team members Helpful and highly motivated with the ability to priorities workloads Good attention to detail Flexible and able to support and interface […]
  • International Company is looking for a Field Prof-DD, General
    caspianbarrel.org - 12:39 Oct 28, 2024
    Job Capsule: Under broad direction, this is the lead position on any job, responsible for job execution and overall performance. Advises client on Bottom Hole Assembly (BHA) selection and all aspects of Directional Drilling (DD) performance. Ensures that BHA’s are assembled as planned including correct make-up torque, doping and handling. Be proficient in the use […]
  • International Company is looking for a Tech Prof-RTO, Prin
    caspianbarrel.org - 10:44 Oct 28, 2024
    Job Capsule: Under general supervision, performs all conventional aspects of Real Time Operations (RTO) including design, analysis, and/or troubleshooting. Provides technical and operational expertise to internal and external customers in a professional manner. Applies advanced engineering techniques, makes decisions on engineering problems and methods, and represents the organization in outside events. Anticipates and solves unprecedented […]
  • International Company is looking for a Field Prof-DD, Sr
    caspianbarrel.org - 08:28 Oct 28, 2024
    Job Capsule: Under broad direction, provides on-site supervision of the Directional Drilling (DD) process including projection of well path to pre-determined target coordinates. Serves as the lead man on select jobs. Provides technical and operational expertise to external customer in a professional manner. Advises client on Bottom Hole Assembly (BHA) selection and all aspects of […]
  • SOCAR achieves BBB ESG provisional rating from MSCI
    caspianbarrel.org - 12:14 Oct 25, 2024
    State Oil Company of Azerbaijan (SOCAR) has received the provisional ESG Rating of BBB from MSCI, a leading global provider of ESG indexes. SOCAR’s provisional BBB ESG rating is acknowledgment of its achievements and commitments in the areas of carbon emissions, waste management, community relations, biodiversity, health and safety, governance and transparency. Provisional BBB ESG […]
    Tags: MSCI SOCAR
  • Azerbaijan Plans to Produce 5.3 Billion kWh of Electricity Annually from “Green Energy”
    caspianbarrel.org - 09:14 Oct 21, 2024
    By 2027, Azerbaijan plans to implement projects for the construction of eight solar and wind power plants, with a total cost of $2.8 billion, funded by foreign and local investments, Energy Minister Parviz Shahbazov stated in an article published in the official press. “The plans to build and connect to the grid eight large-scale solar […]
  • EBRD and Bank Respublika to support green businesses in Azerbaijan
    caspianbarrel.org - 09:08 Oct 21, 2024
    The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to US$ 7.5 million (€6.9 million) in local currency to Bank Respublika, one of Azerbaijan’s leading commercial banks. The partner bank will on-lend the proceeds to small and medium-sized enterprises (SMEs). The loan aims to boost the competitiveness and green transition of […]
    Tags: Azerbaijan Bank Respublika EBRD
  • Azerbaijan’s GL Group acquires 25% stake in a Natural Gas Development Project in Türkiye
    caspianbarrel.org - 04:30 Oct 18, 2024
    GL Group, the first privately owned group of energy companies in Azerbaijan, is making its first international strategic move, with its entry into the upstream natural gas business in Türkiye. This makes GL Group an international energy player, aligning with its strategy to become a regional mid-sized energy company. GL Group has acquired a 25% […]
    Tags: Azerbaijan Group
  • Eurostat: EU Countries Increased Gas Imports from Azerbaijan by 5.5%
    caspianbarrel.org - 12:52 Oct 14, 2024
    European Union (EU) countries increased their gas imports from Azerbaijan by 5.5% in the period from January to July 2024, totaling 297,765 terajoules (TJ) compared to the same period last year. According to Eurostat, the value of gas supplied from Azerbaijan to EU countries during this period was €2.484 billion, a decrease of 35.5%. In […]
    Tags: Azerbaijan Eurostat
  • Kazakhstan’s Drilling Rig to Operate in Turkmen Offshore
    caspianbarrel.org - 12:47 Oct 14, 2024
    KMG Drilling and Services, a subsidiary of the national company “KazMunayGas” (KMG), has opened an office in Turkmenistan and will deploy its self-elevating floating drilling rig (SEADRILL) “Satti” for operations in the Turkmen sector of the Caspian Sea. According to KMG, in August 2024, KMG DS and Dragon Oil Turkmenistan Limited signed a contract for […]
  • ADB to assist in the preparation of the Caspian “green energy corridor” project
    caspianbarrel.org - 12:43 Oct 14, 2024
    : The Asian Development Bank (ADB) has allocated $225,000 through a special technical assistance Fund for the implementation of the project to create a “green energy corridor” across the Caspian Sea. According to ADB, this project involves the construction of an underwater cable connecting the energy systems of Azerbaijan, Kazakhstan, and Uzbekistan, which will be […]
    Tags: Caspian
  • Is Euro-5 quality diesel available on the internal market of Azerbaijan?
    caspianbarrel.org - 12:40 Oct 14, 2024
    Currently, the internal market of Azerbaijan is still supplied with Euro-2 standard diesel fuel, the October report of the international agency “Argus”, which specializes in oil and petroleum product market analysis. It is noteworthy that in early June, at the Baku Oil Week exhibition, the State Oil Company of Azerbaijan (SOCAR) showcased that it had […]
    Tags: Azerbaijan

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