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The SPE Eastern Subsurface Conference took place in Kyiv on November 23-24

The SPE Eastern Europe Subsurface Conference organized by the Society of Petroleum Engineers and initiated by Naftogaz brought together more than 420 top company managers and technicians from 17 countries in Kyiv to discuss these issues. The Kyiv section expects to hold monthly technical...


In 10 months of 2021, Ukrgasvydobuvannya produced 11.366 bcm of gas. Compared to the same period last year, the decline in production is 4.5% or 0.541 bcm. This is reported on the company's website. It is noted this is 0.3% less than the level of decline in production in January-September 2021....

EVENTS OF THE MONTH: November 2021

22-28.11.2021 Naftogaz launched new large-scale production projects with a potential of up to 600 bcm of gas reserves. International expertise could not have come at a better time for the implementation of such plans. Mavrikiy Kalugin, Member of the Board of Naftogaz, within the SPE Eastern...

International News
Delivering hydrogen and carbon capture technologies at scale is essential to enable a net zero power system in britain

·        Power demand is likely to grow significantly by 2050 in Great Britain as we electrify transportation and heating as part of the roadmap to decarbonise our energy system. ·        This will create a need...

The New Energy Outlook (NEO) 2021

The New Energy Outlook (NEO) is BloombergNEF’s annual long-term scenario analysis on the future of the energy economy. This edition presents three climate scenarios that meet the Paris Agreement and achieve net-zero emissions in 2050. Our Green Scenario is a net-zero pathway where...

Petrobras orders $2.3 billion FPSO from Saipem and Korea’s DSME

Brazilian oil and gas major Petrobras has signed a contract with a joint venture formed by Saipem and DSME in the amount of $2.3 billion for the supply of P-79, the eighth unit to be installed in Búzios field, in the Santos Basin pre-salt area. With a capacity to process 180,000 barrels...

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