Page 14 - FSUOGM Week 25

FSUOGM
NEWS IN BRIEF
FSUOGM
renewed today.”
Russian oil pipeline operator Transne
reported on June 20 that more contaminated oil had been detected in Druzhba pipeline going from Belarus to Poland, followed in suspension of oil supplies on June 19.
In April Slovakia, Poland, Germany, Ukraine and other countries stopped imports of Russian oil via the Druzhba pipeline due
to contamination which could have led to re nery equipment to be destroyed. Some countries, including Kazakhstan or Belarus, were seeking compensation from Transne for contamination of their oil.
bne IntelliNews, June 26 2019
Oil contamination detected
in Russia’s Druzhba
pipeline again
Elevated contamination has been detected in the southern line of troubled Russian pipeline Druzhba, Reuters reported on June 24 citing the STK news agency reports. Reportedl showed that all values are in order. Receiving oil from the Druzhba oil pipeline to Unipetrol should be renewed today.”
As reported in May, the transit of Russian oil via Druzhba pipeline has not yet been resumed due to persisting technical problems in Poland and Germany, and the uncertainty over the mechanisms of compensation for botched supplied of crude to European re neries.
e ongoing troubles with high levels of chlorine in Druzhba and Ust-Luga port have cut Russia’s oil exports by 3.22% in May as compared to April, while oil output declined by 1.1%. Most recent reports claimed that Russian oil pipeline monopoly Transne expects operations at the troubled Druzhba pipeline
to return to normal and run at full capacity
in 2-3 months. In the meantime Russia is expected to take a stance on prolonging the Opec+ oil output cut deal, and continued di culties with Druzhba might add pressure to the government to compensate domestic oil producers for lower output.
e next round of negotiations on the prolongation of the deal is scheduled for July 1-2, and it has already been postponed from June 25-26.
bne IntelliNews, June 25 2019
Ukrnafta records output gain in May
Ukrna a, Ukraine’s biggest oil producer, li ed 130,700 tonnes of oil and condensate
and 98.4mn cubic metres of natural gas in May, up 8.5% and 10.4% respectively y/y. Oil and condensate production was up 3.9% in April y/y, while gas production grew by 4.6%.
“Despite the restricted investments because of the unsolved issue of the outstanding tax debt and work on the exhausted wells, the company continues to increase oil and gas production by working e ciently on the existing wells,” Ukrna a said in a statement.
It drew attention to capital workovers conducted at ve wells at the Rybalskiy, Anastasivskiy, Novohryhorivskiy and Strutynskiy elds, as well as optimisation of production on wells at the Buhruvativskiy, Verkhnyomaslovetskiy, Hlynsko-Rozbyshivskiy and Dolynskiy elds. ese projects led to a growth in oil production of 145 tonnes per
day. Measures taken at wells at the Hlynsko- Rozbyshivskiy and Lypovodolynskiy elds increased daily gas production by 60,000 mcm per day, it said.
June 20 2019
CENTRAL ASIA
Tatneft signs MoU in Turkmenistan
Russian oil producer Tatne has signed a memorandum of understanding (MoU) with Turkmen oil concern Turkmennebit. e document was signed during a working visit by Turkmen President Gurbanguly Berdymukhammedov to Russia’s Tatarstan region, Tatne ’s main centre of operations. “ e signed document shall allow expanding cooperation between the companies
in utilising e ective technologies and competencies of Tatne at the elds of Turkmennebit,” Tatne said in a statement. “ e plans provide for the development of partnership relations in drilling oil and gas wells, sidetracking, provision of material and technical resources in the area of enhancing crude oil production.”
June 24 2019
SOUTH CAUCASUS
SOCAR, Honeywell PMT discuss joint work
SOCAR President Rovnag Abdullayev has held a meeting in Baku with a delegation from US oil eld services group Honeywell PMT,
led by company CEO Rajeev Gautam. Honeywell was involved in the
construction of SOCAR’s STAR oil re nery in Turkey as well as upgrade projects at the Heydar Aliyev processing plant near Baku. During the meeting, Abdullayev invited Honeywell to become more actively involved in the latter’s modernisation.
June 18 2019
Equinor to drill first Aypara well in Q1 2020
Norway’s Equinor is planning to drill its rst exploration well at the Aypara structure o the shore of Azerbaijan in the rst quarter of next year, the company has said.
Equinor signed a production-sharing agreement (PSA) for the Ashra -Dan Ulduzu- Aypara (ADUA) block in the Caspian Sea with Azeri state oil company SOCAR last year. e area was previously explored by a consortium of SOCAR, BP, Japan’s Itochu and US-based Unocal and Delta HESS in the late 1990s.
But the investors relinquished rights in 2000 a er failing to nd commercial hydrocarbon resources.
“Drilling of the Aypara-1 well is scheduled to begin in the rst quarter of 2020,” Equinor said in a statement to Azeri media. “ e depth of the sea at the point of drilling is 140 meters. Drilling operations are expected to last 60 to 90 days and will be completed either in the rst or in the second quarter of next year.”
A semi-submersible oating drilling rig will be deployed to sink the well, according to Equinor. An environmental impact assessment (EIA) for the project has already been prepared.
Equinor is an active investor in Azerbaijan’s oil industry. It owns a 7.27% stake in the
giant Azeri-Chirag-Guneshli (ACG) eld development, also in the Caspian Sea. It also signed a risk-service agreement (RSA) to develop the o shore Karabakh eld last year.
June 20 2019
P14
w w w . N E W S B A S E . c o m
Week 25 26•June•2019