Canada
From an Oil and Gas company to the Energy Company Total S.A. (Total) is a limited company, established in France in March 1924, and listed on Paris , London, Brussels and New York Exchanges with operations in more than 130 countries and 96,000 employees. Under different brands, Total, Elf, Elan, AS24, Total is the first largest […]
Definition Unconventional oil and gas refers to the oil and gas resources which cannot be explored, developed and produced by conventional processes just in using the natural pressure of the wells and pumping or compression operations. These unconventional crude oil and natural gas are trapped in the pores of sediments rocks called shale Comments Until the 1990s the […]
Iraq export pipeline to Aqaba to substitute Syria pipeline SNC Lavalin from Canada and Stroytransgaz from Russia had been appointed respectively in 2011 and 2010 to provide consultation services and rehabilitation work studies to build two crude export pipelines and one gas pipeline through Syria. These pipelines should have a total capacity of 2.75 million […]
Skrugard and Havis confirm Barents Sea potential Statoil and its partners ENI from Italy and Petoro AS (Petoro), the Norway State-owned company, discovered in Skrugard and Havis reserves going far beyond their expectations. Under the license PL 532, Statoil and its partner share working interests in Skrugard and Havis as following: – Statoil 50% and […]
Definition Non-Condensable Gas Co-Injection (NCG) belongs to the in-situ exploration and production of oil sands. Non-Condensable Gas Co-Injection refers to the process which is to inject NCG together with the steam in the oil sands reservoir. Comments Canada is the country with the biggest unconventional oil resources called bitumen. This bitumen lies in oil sands reservoirs. Most […]
$185 million program to boost production by 30% MEG Energy Corp (MEG) from Calgary in Alberta, Canada, announced last July to revise upward its Christina Lake oil field production enhancement program called RISER. Christina Lake is an in situ oil sands field located 150 kilometers south of Fort McMurray in the northeast Alberta. Christina Lake […]
Definition Recoverable reserves are defined as the proportion of resources, here oil and gas, that can be technically, economically and legally possible to extract. The recoverable reserves may also be called proven reserves. Comments The recoverable reserves may be far different from the total resources called total Petroleum Initially-In-Place (PIIP). This Petroleum Initially-In-Place (PIIP) is an estimation resulting from exploration campaign […]
Rosneft and Exxon mobilize $3.2 billion as first step On April 2012, Rosneft and ExxonMobil signed a Strategic Cooperation Agreement to jointly explore and develop oil and gas fields in the Russian Black Sea and Kara Sea. This Strategic Agreement is supported by the: – Opportunity given to Rosneft to take stakes in ExxonMobil oil […]
