IG Seismic Services Signs Long Term Seismic Exploration Agreement
IG Seismic Services, the leading pure-play land and transitional zone seismic company in Russia and the CIS, announces that GEOTECHIG Holding and Gazprom Neft have signed a long term agreeement on seismic exploration. GEOTECH Holding CJSC and Gazprom Neft JSC have signed a three-year agreement for the conducting of seismic …
KMG EP, CEO Alik Aidarbayev, Resigns and Becomes Akim of Mangistau
JSC KazMunaiGas Exploration Production confirms that on 18th of January 2013 the General Director (CEO) of the Company Alik Aidarbayev has resigned due to his appointment as Akim of Mangistau region by the decree of the President of Kazakhstan Nursultan Nazarbayev. The announcement on the appointment of a new CEO …
TMG Launches the 1st Russian Drilling Contractors Roundtable
A unique event addressing the needs of Russia’s drilling contractors, the 1st RDCR will be held in Moscow at the Swissotel Krasny Holmy on the 11th April 2013. The event will bring together engineers and purchasing heads of Russia’s leading drilling companies with Russian and international suppliers of rig and …
Joint company for South Stream gas branch construction to Croatia to be set up in second half of 2013
Led by the Company’s Management Committee Chairman Alexey Miller, a Gazprom delegation made a business trip today to the Republic of Croatia. As part of the visit, working meetings were held with Ivo Josipovic, President of the Republic of Croatia and Vesna Pusic, First Deputy Prime Minister – Foreign Minister of the Republic of Croatia. Zagreb, Croatia Enlarge photo (JPG, 1 MB) The meetings …
Schlumberger Declares 13.6% Increase in Quarterly Dividend
Houston, January 17, 2013—The Board of Directors of Schlumberger Limited (NYSE:SLB) today approved a 13.6% increase of the quarterly dividend. The increased dividend of $0.3125 per share of outstanding common stock is payable on April 12, 2013 to stockholders of record at the close of business on February 20, 2013. …
Bashneft’s Meeting of Shareholders elects a new membership of the Board of Directors
The Extraordinary Meeting of Shareholders of JSOC Bashneft convened today in Ufa made a decision to increase the number of members of the Company’s Board of Directors from 10 to 12 and elected a new Board membership which includes the following persons: Vitaliy Artuykhov Alexey Buyanov Charles Watson Randall Gossen Peter Jacob Goedvolk Alexander Goncharuk Mikhail Gutseriev Sergey Drozdov Felix Evtushenkov …
West Qurna-2 Field: Lukoil Signs Supplement Agreement to Service Contract
Vagit Alekperov, OAO LUKOIL President, and the authorized representatives of the Iraqi state-owned companies, North Oil Company and South Oil Company, signed a Supplement Agreement to the Development and Production Service Contract related to Iraq’s West Qurna-2 field, in Baghdad today. The Supplement Agreement puts on record the transfer to …
Tatneft: Ecology Is under Control
The specialists of the JSC TATNEFT performed a considerable amount of work in 2012 to improve the environmental safety of crude oil production facilities. At 2012 year end the JSC TATNEFT produced 947.5 km of corrosion resistant pipes and 6,159.6 tons of corrosion inhibitors. 968 wells were equipped with cathodic …
The Chemical EOR Alliance Files a Genuine Formulation Patent Covering Improved Foaming Formulations for Gas Enhanced Oil Recovery
The Chemical EOR (Enhanced Oil Recovery) Alliance, a partnership among Solvay, Beicip-Franlab and IFPEN, announced today the design of a new performance solution that provides improved foam stability in gas mobility control processes. The new solution delivers a more robust and reliable formulation in oil, lower adsorption properties and increased …
Gazprom Financial Results: Sales Up in EU, Prices Up and Profits Down
OAO Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 “Interim Financial Reporting” (IAS 34) for the nine months ended September 30, 2012. Net sales of gas decreased by RUB 157,934 million, or 8%, to RUB 1,829,396 million in the nine months ended September 30, 2012 compared to the nine months ended September …