Petrogrand AB: INTERIM REPORT JANUARY- SEPTEMBER 2011
Third quarter of 2011 – During the 3rd quarter, the Group had no operating income (TSEK 14,022). The operating result for the 3rd quarter amounted to TSEK -6,965 (-3,861). – The change in real value of assets under discretionary management amounted to TSEK -11,909 (5,177) of which the main part …
Petrogrand AB: Application submitted to Tomsknedra shows additionally increase in C3 resources in the Nizhnepaninsky license block
Petrogrand is pleased to report that the final report have been submitted to Tomsknedra on increased C3-resources. The final report C3-resources amounts to 54,8 million tons (411 mmbbl). The volume is distributed over four areas: Yuzhno-Nazinskaya 24,8 million tons), Nizhnepaninskaya (5,3 million tons), Ambarskaya (16 million tons) and Paninskaya (8,7 …
FMC Technologies Awarded $325 Million Subsea Systems Contract for Chevron’s Wheatstone Project
FMC Technologies, Inc announced today that its Australian subsidiary has signed an agreement with Chevron Australia Pty Ltd for the design, manufacture and supply of subsea production systems to support the Wheatstone Project. The contract has an approximate value of $325 million in revenue to FMC Technologies. The Chevron-operated Wheatstone …
Tethys Announces USD$13 Million Private Placement
Tethys Petroleum Limited announced that it expects to complete a private placement of 26,062,975 Ordinary Shares for gross proceeds of USD13,069,187 million subject to regulatory approval. The Company has received orders for the USD13,069,187 million maximum amount of the Offering. These new Ordinary Shares represent 10% of the current issued …
Integra Group fully repays its Second Ruble Bond
Integra Group announces that on November 29, 2011, its subsidiary Integra Finance repaid in full the remainder of its Second Ruble Bond issue in the amount of 147,605 bonds with a total nominal value of RR147,605,000. The bond issue was repaid using funds from current operating cash flows. Source
Rolls-Royce Enhances Role in Brazil Oil & Gas Industry with New Petrobras Contracts Valued at up to $651m
Rolls-Royce, the global power systems company, has been awarded new contracts with a potential value of $651 million by Petrobras, a world leader in deep- and ultra-deep water oil and gas exploration and production, to support its production activities offshore Brazil. Rolls-Royce will supply Petrobras with thirty-two (32) RB211 gas …
Roxi Petroleum Wells NK-9 and NK-10 Spudded
Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that, following the successful drilling of the NK-9 well, the NK-10well was spudded on 28November 2011. The well is planned to drill to a total depth of 1500 metres to appraise the …
Universal Liebherr crane TCC 14000-400 D Litronic sets new standards
In June this year OOO Liebherr-Russland and OOO Lukoil–Kaliningradmorneft signed a contract for a new combined mobile harbour and offshore crane to be delivered by the end of 2012. The new crane is designed for two completely different types of application: on the one hand, the TCC 14000-400 D Litronic® …
Valery Prozorovsky Will Open the 6th International Conference Offshore Equipment – NEFTEGAZSHELF-2011
The 6th International Conference «Offshore Equipment» (NEFTEGAZSHELF-2011) will be held in Moscow on December 8 in the Radisson-Slavyanskaya Hotel. Development of the Russian continental shelf provides attractive business opportunities. Construction of wide-scale assets requires large amounts of cargo-carrying and road construction vehicles, pipes, and equipment used at onshore and offshore …
Max Petroleum Drilling Update November
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce a drilling update of its activities in the Blocks A&E Licence area in the Republic of Kazakhstan. Successful appraisal well at Zhana Makat The ZMA-A19 development well in the Zhana Makat Field …