Polarcus expands operational footprint to Australasia
Polarcus Limited is pleased to announce that the Company has received a contract award and a separate Letter of Intent from two undisclosed clients for 3D seismic acquisition projects in Australasia. The projects, to be acquired back-to-back by POLARCUS ALIMA, will commence in Q4 2011 and are expected to run …
HALLIBURTON INTRODUCES TECHNOLOGY ADVANCEMENT FOR HORIZONTAL COMPLETIONS
Halliburton has deployed the most recent addition to its horizontal completion portfolio. The new RapidFrac™ completion system allows operators to set new standards for fracture completion efficiency and post-fracture production. This innovative horizontal sliding sleeve completion system is a differentiating technology that allows for enhanced reservoir contact. In a changing landscape where …
National Oilwell Varco Has Refiled Hart-Scott-Rodino Premerger Notification
National Oilwell Varco announced today that it has withdrawn and refiled its notification and report form filed under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) in connection with NOV’s proposal to acquire all of the outstanding shares of Ameron International Corporation (NYSE: AMN) common stock. This action was …
Tethys Petroleum Limited: Operational Update
Tethys Petroleum Limited (“Tethys” or the “Company”) (TSX:TPL)(LSE:TPL) today provided an operational update in conjunction with its financial results for the Quarter ended June 30, 2011. Operational Update RECENT HIGHLIGHTS Kazakhstan AKD05 appraisal well flowed at over 1,500 bopd of good quality oil. KBD01 (Kalypso) exploration well close to total …
Tethys Petroleum Financial Results August 2011
Tethys Petroleum Limited today announced its second quarter results for the period ended June 30, 2011. The second quarter results together with a Management Discussion & Analysis have been filed with the Canadian securities regulatory authorities. Copies of the filed documents may be obtained via SEDAR at www.sedar.com or on …
Max Petroleum Drilling Update August 15th
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce that it has commenced drilling the UTS-3 appraisal well on the Uytas prospect in Block A. The total depth of the well will be approximately 800 metres, targeting potential Cretaceous and Jurassic …
National Oilwell Varco Announces Signing of Seven Drillship Equipment Packages
National Oilwell Varco, Inc. today announced that it has signed contracts to supply drilling equipment packages for seven drillships to Estaleiro Atlantico Sul (“EAS”), including drilling riser and pressure control equipment. The value, over the term of the deliveries, is approximately $1.5 Billion. Pete Miller, Chairman, President and CEO of …
Caspian Oil and Gas tackles stuck cement string
Caspian Oil & Gas Limited reports that the operation to recover the stuck cementing string on its West Mailisu #2 well is progressing according to plan. As reported on 8 August, problems were encountered setting a cement plug to isolate Bed V from water- bearing sands and the string became …
Caterpillar Selected to Power the 1,300 Kilometer Asian Gas Pipeline in Kazakhstan
Caterpillar to Provide Generator Sets for Asia Gas Pipeline to Deliver 2% of China’s Energy Consumption Caterpillar has been selected to provide power solutions for the Asian Gas Pipeline, a joint project between Kazakhstan and China. Caterpillar will provide 6x Cat® G3516C gas generator sets and 2x C18 generator sets. …
MIOGE exhibition grows by 20% in 2011
The 11th Moscow International Oil & Gas Exhibition (MIOGE) was held on 21-24 June 2011 at Expocentre. The exhibition took place alongside the 9th Russian Petroleum and Gas Congress (RPGC). More than 20,000 visitors came together for MIOGE, Russia’s largest oil and gas trade exhibition. The show boasted 20% more …