Petroneft Resources Successful Fracture and Workover Programme
PetroNeft Resources plc, the owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce an update on its operations. Highlights: • 10 well hydraulic fracturing programme completed • Wells now being brought back online and cleaning-up • Initial results encouraging • Additional five well …
Exillon Energy Well Test Results for ETP III
Exillon Energy plc, a British listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce the results from well 76 on the southern part of the ETP III field. ETP III – 76 The ETP III …
TGS-NOPEC Signs letter of Intent for Vessel Charter with Dolphin Geophysical
TGS announces that it has signed a letter of award with Dolphin Geophysical to charter the 12 streamer new build vessel, M/V Polar Duchess, for 3D multi-client projects in Europe during the 2012 summer season. The charter is expected to begin during first half of April and will last for …
Max Petroleum Commences Drilling at SAGW-2
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the SAGW-2 appraisal well on the Sagiz West Field in Block E. Total depth of the well will be approximately 1,400 metres, targeting Triassic reservoirs. Source
ERIELL Group started drilling activities within the framework of new Achimgaz Project
ERIELL Group started drilling at Urengoi Oil and Gas Condensate Field. Wintershall Chief Executive Officer Dr. Rainer Seele supervised BHA fitting and drilling of first meters of well. ERIELL Group was selected as the General Contractor following the tender held by CJSC Achimgaz. The Contract stipulates construction of 20 vertical …
FMC Technologies Signs Global Alliance Agreement with Anadarko Petroleum Corporation
FMC Technologies, Inc. announced that it has signed a global alliance agreement with Anadarko Petroleum Corporation to provide subsea systems and life-of-field services for their worldwide subsea development projects. In 1999, FMC supplied equipment for Anadarko’s first subsea project, North Garnet, in the Gulf of Mexico. Since then, the companies …
Dockwise to manage and market new COOEC 50000 tonnes Semi Submersible Heavy Lift Vessel HYSY 278
Dockwise Ltd announced it has reached agreement with Offshore Oil Engineering Co. Ltd. (COOEC) to act as manager of COOEC’s new build type 1 marine transportation vessel for all third party projects. The new vessel, a semi-submersible, currently under construction at China Merchants Yard in Shenzhen, is due for delivery …
Lukoil Approves 48bn USD of Investment over the next 3 years and 14bn in 2012
The OAO LUKOIL Board of Directors held a meeting in Moscow today to approve the LUKOIL Group Strategic Development Program for 2012-2021. According to the Program, the key objective of the Company for the period is to reach the dynamics of sustainable production growth. The average annual growth rate of …
Caspian Oil and Gas Appoints New Director
Caspian Oil & Gas Limited is pleased to announce the appointment of Mr Avraham Ben-Natan as a Non-Executive Director of the Company. Mr Ben-Natan is an experienced businessman and investor who resides in the Kyrgyz Republic. His local knowledge, analytical skills and enthusiasm will be of benefit to Caspian in …
Exillon Energy Appoints Head of Production Operations
Exillon Energy plc, a British listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce that it has appointed Henry Wolski as Senior Vice President, Production Operations. Henry is a 30 year veteran of the oil …