Activity Results of the Tatneft’s Electronic Trading Platform
The E-procurement mechanism implemented in the JSC TATNEFT has become an operational tool to ensure the effectiveness of procurement procedures and tenders and expand the range of suppliers. In 2012 more than 5,700 supplier companies were registered in the electronic trading system of the Company. The Logistics Department of the …
Arctic Oil and Gas Conference Returns for 2nd Edition
The Arctic Region Oil and Gas Conference returns for its second edition on 26 – 27 February 2013 at the Clarion Hotel in Stavanger, Norway. The conference is expected to attract 100 local and international oil and gas professionals to discuss offshore Arctic activities, including oil and gas companies investing …
Igor Sechin Reports to Vladimir Putin on Rosneft Performance in 2012
Rosneft CEO Igor Sechin reported today to the President of the Russian Federation Vladimir Putin on Rosneft performance in 2012. In his report Igor Sechin noted that the Company tax payments to the budget amounted to 1.7 trillion RUR or 12% of all budget tax revenue. “Rosneft is actually the …
Rosneft Reserve Replacement Ratio Exceeds 130%, Hydrocarbon Resources Growth Nears 50%
Rosneft reviewed the results of DeGolyer & MacNaughton’s independent audit of its hydrocarbon reserves. According to the results of an audit performed by DeGolyer & MacNaughton under the SEC life-of-field classification, as of December 31, 2012 Rosneft proven hydrocarbon reserves stood at 18,956 million BOE. That includes oil reserves of …
Tatneft Is Developing Energy-Efficient Technologies
TATNEFT Company introduces energy-efficient technologies allowing to reduce operating costs of using fuel and energy resources and materials. Among them there is the technology of hot separation developed by TatNIPIneft (RF Patent N.2412739) to provide own fuel gas for the plants. When developing fields in new areas operators face problems …
Working Group Meeting in TyumenNIIgiprogas on Technical Assistance in Assessing Hydrocarbon Reserves at Gazprom plc operations
Working Group Meeting on technical assistance in assessing hydrocarbon reserves at GAZPROM plc operations held on LLC TyumenNIIgiprogas premises on January 14 through 18 is successfully over. Engaged in discussion were representatives of GAZPROM plc, LLC TyumenNIIgiprogas, Gazprom VNIIgaz, Gazprom Dobycha Nadym, Gazprom Dobycha Yamburg, Gazprom Dobycha Urengoi, Gazprom Dobycha …
TNK-BP Invested $233 Mln in Rospan Development in 2012
TNK-BP informs that the cumulative gas production of CJSC ROSPAN INTERNATIONAL (a TNK-BP Group company) amounted to 30 bcm. According to the preliminary estimates, the company produced 3.5 bcm of gas in 2012. TNK-BP has been consistently implementing the unified full field development plan for the Achimov formations of the …
KMG EP Announces Operating Results for the Full Year of 2012
JSC KazMunaiGas Exploration Production announces that in 2012 it produced 12,191 thousand tonnes of crude oil (247 kbopd), including the Company’s stakes in Kazgermunai (KGM), CCEL and PetroKazakhstan Inc. (PKI) which is 150 thousand tonnes or 1% less than in 2011. JSC Uzenmunaigas (UMG) produced 4,950 thousand tonnes (100 kbopd), …
Adler CHPS – most state-of-the-art power generating facility in Sochi – commissioned
The Adler district of Sochi hosted today the celebrations dedicated to the commissioning of the Adler CHPS. Alexey Miller and Dmitry Medvedev Enlarge photo (JPG, 1 MB) The celebrations were attended by the Russian Government Chairman Dmitry Medvedev and the Gazprom Management Committee Chairman Alexey Miller. Alexey Miller and Dmitry Medvedev Enlarge photo (JPG, 1 MB) “At present, the …
IGSS Announces Financial and Operational Results for the 9 Months of 2012
IG Seismic Services PLC, the leading pure-play land and transition zone seismic company in Russia and the CIS and one of the largest land seismic companies globally, announced today its interim financial and operational highlights for the nine months period ended September 30, 2012. The financial data are based on …