Fuel and energy

The Canadian Patent Office registered a patent for the invention "Method of cementing productive layers in the event of thermal methods application of crude oil production and an expandable filter for the method implementation", developed by Professionals of TATNEFT Company.

Opec producers are collectively fulfilling nearly all the 1.2mn b/d of output cuts that they pledged last year to rebalance the oil market.

“This is an important discovery for the further development of Valemon,” says Gunnar Nakken, Statoil’s senior vice president for the operations west cluster, which covers the company’s Bergen-operated fields.

The indices of crude oil exported by the SOCAR reflect the volumes of crude oil belonging to both State of Azerbaijan and Company.

Gazprom Neft has successfully completed pilot testing of Russia’s first ever domestically produced polycrystalline diamond composite (PDC) drill bit, during pilot drilling at its Vyngapurovskoye field, Yamalo-Nenets Autonomous Okrug