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Rosneft Obtains License to Explore the Naulskoye Field in the Nenets Autonomous District

Rosneft acquired a license to explore the Naulsk oil field, located in the Nenets Autonomous District. The Company paid RUB 3.6 billion for the license at auction. It is assumed that OOO Severnaya Neft, a Rosenft subsidiary, will be the operator of the project. Severnaya Neft is already engaged in …

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Schlumberger Launches Telemetry-Enabled Slickline Platform

New LIVE Digital Technology Enhances and Expands Slickline Service Range Schlumberger today announced the launch of LIVE* digital slickline services. At their core is a slickline cable engineered to deliver two-way digital communication. Coupled with an extensive suite of purpose-built downhole modules, LIVE technology enables tool and well information to …

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Polarcus receives Letter of Intent, offshore UK

Polarcus Limited (OAX: PLCS) is pleased to announce that the Company has received a Letter of Intent for a 550 square kilometer 3D seismic acquisition project West of Shetlands, offshore United Kingdom. The project, subject to the execution of a service contract, will commence in August 2011 and is expected …

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Matra Petroleum Production commences in Russia

Matra,  an independent oil and gas exploration and production Company with operations in Russia, is pleased to announce that production has commenced from both existing wells in the Sokolovskoe Field, Russia. Neither well has yet stabilised and as expected both will require acid stimulation and/or pump installation to maximise production rates. Well …

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HONEYWELL ПРОДЛЕВАЕТ ДОГОВОР НА ПОСТАВКУ ИМИТАЦИОННЫХ СИСТЕМ С КОМПАНИЕЙ SHELL EXPLORATION & PRODUCTION

Платформа UniSim Design поможет компании Shell в разработке и тестировании производственных процессов для оптимизации проектных решений и производственных операций Сегодня корпорация Honeywell объявила о продлении до 2015 года срока действия договора, подразумевающего поставку программного обеспечения для имитации производственных процессов UniSim® Design компании Shell Exploration & Production (E&P). Эта имитационная платформа будет …

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PetroNeft Resources plc Operations Update April 2011

PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on its operations. Highlights: • Hydraulic fracturing programme completed successfully • Target production now estimated to be between 7,000 and 8,000 bopd at end of Q1 2012 • First …

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JSC KazMunaiGas Exploration Production held an Extraordinary General Meeting of shareholders

JSC KazMunaiGas Exploration Production held an Extraordinary General Meeting of shareholders at which the powers of Tolegen Bozzhanov, a member of the Company’s Board of Directors, have been early terminated. Sisengali Utegaliyev has been appointed as a member of the Company’s Board of Directors for the term of the Board of Directors as …

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Andrew Gould Delivers Keynote Speech at Howard Weil Energy Conference 2011 in New Orleans

Ladies and gentlemen good morning—it’s a great pleasure to be back in New Orleans for the 39th Howard Weil Energy Conference. In spite of the political turmoil and natural disasters that we have seen over the past two months, I’m going to try and convince you that the fundamentals for …

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Regular Meeting of the Board of Directors of OAO TATNEFT

A regular meeting of the Board of Directors of OAO TATNEFT was held in the Cabinet of Ministers of the Republic of Tatarstan (Kazan) on March 26, 2011. The Board of Directors reviewed the budget execution of OAO TATNEFT for two months of 2011 and approved the budget for April …

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BP Remains Committed to Partner with Russia

BP announced today that an arbitral tribunal has ruled that the interim injunction issued to prevent BP’s proposed transaction with Rosneft, which includes Arctic exploration and a share swap transaction, from proceeding should continue. BP will now apply for a determination whether the share swap may proceed on its own. …

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