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The Bazhenov Suite: Unlocking the Potential

The Bazhenov Suite is now considered as a strategically important asset in terms of prospects for the Russian Oil industry. Rosneft is currently developing these deposits in the Salymskoye project (LLC “RN-Yuganskneftegaz”) and is planning its expansion. In 2010, the company adopted the Innovative Targeted Program (ITP) – “The Development …

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Blackbourn Reports: Development of the West Siberian Basin during the Mesozoic and Tertiary: Palaeogeography & Stratigraphy

I.3.3.2 Aptian, Albian, and Cenomanian Sedimentary rocks of this age are up to 1500 m or more thick in the northern part of the WSB, with the thickest sediments now being deposited in the region of the Yamal Peninsula, although the deepest-water facies continued to accumulate in the KhantyMansi region …

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The main topic of the VI KAZENERGY Eurasian Forum is: Kazakhstan: 20 Years of Sustainable Growth, New Horizons For Investments and Cooperation

In 2011, the most significant oil and gas events in Kazakhstan and the Caspian Sea region will be the 6th KAZENERGY Eurasian Forum and 19th Kazakhstan International Oil and Gas Exhibition and Conference (KIOGE). Like last year, the events will take place consecutively: the KAZENERGY Eurasian Forum in Astana on …

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NC KMG and KMG EP have signed a Memorandum on possible participation in offshore blocks on the Caspian sea

NC KazMunaiGas and JSC KMG EP have signed a Memorandum of Understanding providing KMG EP with access to the detailed geophysical, financial and economic data of a number of oil and gas projects, including those located in the Kazakhstan sector of the Caspian sea. The list of projects includes, in …

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Polarcus receives Letter of Intent for 4D seismic acquisition

Polarcus Limited (OAX: PLCS) is pleased to announce that the Company has received a Letter of Intent for a 4D marine seismic acquisition project for an undisclosed client. The project, subject to the execution of a service contract, will commence in Q4 2011 and is expected to run for approximately …

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Max Petroleum Drilling Update May 2011

Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, announced today an operational update of its activities in the Blocks A&E Licence area in the Republic of Kazakhstan. Asanketken Due to ongoing performance issues with the drilling rig and contractor combined with a poor and …

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Kazakhstan’s leading oil and gas trade events strengthened by organisation agreement

The collaboration between Kazakhstan’s two leading oil and gas trade events has been further strengthened by the announcement that the organisers of the KIOGE exhibition and conference (Iteca, part of the ITE Group) have signed an agreement with the KAZENERGY Association to organise the KAZENERGY Eurasian Forum in 2011. The …

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BP Announces Settlement with Moex/Mitsui of Claims Between the Companies Related to the Deepwater Horizon Accident

BP today announced that it has reached agreement with MOEX Offshore 2007 LLC (“MOEX”) and its affiliates, Mitsui Oil Exploration Co., Ltd. and MOEX USA Corporation to settle all claims between the companies related to the Deepwater Horizon accident. MOEX – which had a ten per cent interest in the …

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Roxi Petroleum Preliminary Results for 2010

Roxi Petroleum plc, the Central Asian oil and gas company with a focus on Kazakhstan, announces its preliminary results for the year ended 31 December 2010. Follow this link

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Summary from Alliance Oil Company’s AGM

Alliance Oil Company Ltd’s shareholders gathered in Stockholm today for the Annual General Meeting (AGM). The AGM adopted the income statements and balance sheets for the company and the group. The AGM resolved to re-elect board members Mr Fred Boling, Mr. Arsen Idrisov, Mr. Raymond Liefooghe, Mr Claes Levin, Mr …

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