Oil & Gas Leaders Magazine: Sustainability Through Innovation in UAE's Oil and Gas Industry

More documents

Recommendations

Info

Rosneft Discovers Hydrocarbon Deposits on Eastern Arctic Shelf Rosneft is performing the drilling of the northernmost exploratory well on the Eastern Arctic shelf following a comprehensive geological study. During the drilling of the Tsentralno- Olginskaya-1 well from the shore of the Khara- Tumus Peninsula on the shelf of the Khatanga Bay of the Laptev Sea, three core samples were taken from depths of 2305 to 2363 m, which showed high oil saturation dominated with light oily fractions. On the basis of primary studies already, it can be concluded that a new oil field has been discovered, the volume of the resource potential of which is increasing as the drilling continues. Core sampling continues at the moment. Hydrocarbon saturation of the core samples proves the geological model developed by Rosneft experts. The obtained result of the drilling at the Khatanga licenced area allows Rosneft to be considered a pioneer of deposit discoveries on the Eastern Arctic shelf. Russian president Vladimir Putin’s command Rosneft embarked on drilling of the Tsentralno- Olginskaya-1 well. The significance of Rosneft project was emphasised by the Russian president during a video conference on the drilling start. “In fact, work on the whole petroleum province has been started, which, even according to preliminary data, contains millions of tons of oil equivalent. Horizontal drilling is a complex and high-tech operation. This is just the first well. There is much more work ahead. I would like to wish you good luck and I hope for this undertaking’s success” - the President of Russia said. In April Rosneft Head reported to Vladimir Putin that the preparation for drilling had been completed in record-breaking time. “With your support, we gained the right to work on the Khatanga block just over a year ago.” The Company was awarded the licence for Khatanga development in November 2015. Gathering and set-up of drilling equipment were carried out in the shortest time possible owing to harsh weather conditions. On April 3, at the
Saudi Aramco and Jacobs Create Joint Venture for Social Infrastructure Program Management Throughout Saudi Arabia and Across Region Saudi Aramco entered into an agreement with Jacobs (NYSE:JEC) to form a Saudi Arabiabased joint venture company to provide professional program and construction management (PMCM) services for social infrastructure projects throughout the Kingdom and across the Middle East and North Africa. Jacobs’ presence in Saudi Arabia spans more than 40 years. “Our joint venture exemplifies the power of bringing together Saudi Aramco and Jacobs as an effective economic catalyst to support the Kingdom’s Vision 2030. The new company combines Jacobs’ industry-leading capabilities and our joint project delivery skills to help transform social infrastructure in this rapidly changing region.” Jacobs Chairman and CEO Steve Demetriou said, “Our joint venture exemplifies the power of bringing together Saudi Aramco and Jacobs as an effective economic catalyst to support the Kingdom’s Vision 2030. The new company combines Jacobs’ industry-leading capabilities and our joint project delivery skills to help transform social infrastructure in this rapidly changing region.” The new company’s services will include a full-spectrum of professional PMCM activities, with expertise in supporting all phases of the project lifecycle for social infrastructure projects. The company will advance training and help create quality jobs for Saudi nationals through the development of a sustainable and competitive program.
Page 1: OIL & GAS LEADERS Chemical | Drilli
Page 5: Sponsored Article Paulaner brewery
Page 8 and 9: John Vauden Senior Editor Asia-Paci
Page 10 and 11: Contents Over 1,100 Kilometers of P
Page 12 and 13: Japanese Dryland Researchers Visit
Page 14 and 15: Iran Still World’s Largest Natura
Page 16 and 17: ExxonMobil and Synthetic Genomics R
Page 20 and 21: MOVING AWAY FROM A PRICE DRIVEN BAT
Page 22: should engage stronger with key pla
Page 25: size swimming pools - the North Dep
Page 29 and 30: Sustainability Through Innovation:
Page 31 and 32: fueling preferences individuals hav
Page 33 and 34: added 478,000 cubic meters (cbm) of
Page 36 and 37: Qatar Petroleum Announces New Fuel-
Page 39 and 40: India Asks Qatar to Invest in Power
Page 41 and 42: concept (pilots) were conducted at
Page 43 and 44: The tender covers the development o
Page 46: How McDermott’s Head of Engineeri
Page 49 and 50: Being the first female production e

Oil & Gas Leaders Magazine: Sustainability Through Innovation in UAE's Oil and Gas Industry

Create successful ePaper yourself

Delete template?

Save as template?