Max Petroleum: UTS-19 Indicates Uytas Field Limits, UTS-20 Shows 11m of Net Pay
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce drilling results at two wells in the Uytas field. The UTS-19 appraisal well was drilled to a total depth of 208 metres. Oil shows were encountered in the Cretaceous Aptian reservoir, but electric …
Ozenmunaigas Visists Tatneft
A delegation of leading professionals of JSC “Ozenmunaigas” headed by Atkoshchy Ketebaev, Deputy Director General for Personnel and Social Affairs, visited TATNEFT Company. The delegation including heads of departments of oil and gas production and transport, as well as personnel management and staff development, got familiarized with the activities of …
Sea Trucks Awarded Exxon Neftegaz Sakhalin Accommodation Vessel Contract
Sea Trucks Group is pleased to announce the award of a contract from Daewoo Shipbuilding and Marine Engineering, a leading global offshore services company, for the provision of an accommodation vessel for the Arkutun-Dagi Project operated by Exxon Neftegas Limited in Sakhalin, Russia. Sea Truck’s Jascon 25 vessel will be …
Boskalis Raises 2013 Net Profit Outlook to at Least EUR 360 million
Royal Boskalis Westminster N.V. (Boskalis) has concluded an exceptionally good third quarter. Revenue, adjusted for the sale of the 40% stake in Archirodon, and earnings were higher than in the first and second quarter of 2013 against stable market conditions. The order book increased compared to the end of the …
Tethys Petroleum: Revenues Up 15% Third Quarter Results
Tethys Petroleum Limited today announced its third quarter 2013 financial results and gave an update on its operations in Kazakhstan. These figures are headlined by the 2013 EBITDA figure adjusted for share-based payments for the nine months to September 30, 2013 being more than seven times than that achieved in …
RN Holding Board of Directors Recommends Shareholders to Accept Rosneft Voluntary Offer to Acquire RN Holding Shares
RN Holding announces that the Company’s Board of Directors decided on November 14, 2013 to recommend the Company’s shareholders to accept the voluntary offer of Rosneft as of October 18, 2013 to acquire ordinary and preferred shares of the Company (hereinafter – the Voluntary Offer). The Company received the Voluntary …
Tatneft Will Take Part in the “Oil and Gas of Turkmenistan-2013” Exhibition
TATNEFT Company will take part in the XVIIIth International Specialized Exhibition “Oil and Gas of Turkmenistan-2013”, which will be held in Ashgabat (Republic of Turkmenistan) from November 19 to 21. The organizers of the popular annual forum are traditionally the Ministry of Petroleum and Mineral Resources of Turkmenistan and other …
National Oilwell Varco Announces Executive Management Succession Plan; Appointment of Clay Williams to Board of Directors
National Oilwell Varco, Inc. announced today that Chairman and Chief Executive Officer Merrill A. “Pete” Miller, Jr. has informed the Board of Directors that he intends to step down from those positions contemporaneous with the completion of the previously announced plan to spin off to its shareholders its Distribution Business …
Gazprom: Financial Figures – Gas Sales and Profit Up
Today Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 “Interim Financial Reporting” (IAS 34) for the six months ended June 30, 2013. The table below presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS for the six months ended June …
Roxi Petroleum: Deep Well Key to Success
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with progress at its flagship asset BNG. Background Contract Area Roxi has a 58.41% interest in the BNG Contract Area, which is located in the west of Kazakhstan 40 kilometres southeast …