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2 results for "hydrocarbon"

EnergyDeveloping
4.9

Russian geologist claims untapped hydrocarbon potential in deep formations

Pavel Melnikov, director of Russia's All-Russia Scientific Research Geological Oil Institute, asserts that unexplored deep formations hold potential for major hydrocarbon discoveries. The statement reflects Russian optimism about domestic reserves amid Western sanctions limiting technology access and investment. Actual discovery feasibility remains unclear given operational constraints.

TASS English·RU·about 5 hours ago
Emerging
Energy
7.5

Subsea7 wins $150-300M Chevron contract for Equatorial Guinea gas project

Subsea7 has secured a substantial contract from Chevron (via Noble Energy subsidiary) for subsea installation on the Aseng gas monetisation project offshore Equatorial Guinea. The work involves a single-well tieback connecting Aseng to the existing Alen infrastructure. This represents continued development of Gulf of Guinea hydrocarbons and deployment of major subsea contracting capacity.

Splash 247·GQ · US·about 5 hours ago
Confirmed