2013

The eighth annual international conference «Offshore Oil and Gas Contracts» – NEFTEGAZSHELF 2013 will take place on 5 December at the hotel «Intercontinental Moscow Tverskaya». At the conference, representatives of the Russian and foreign companies tell about their work with the offshore project contractors. After bringing the fields in the …

Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to announce that its operating subsidiary, OOO Gaznefteservice (“GNS”), has received regulatory approval for the upgrade works on the Dobrinskoye Gas Processing Plant. Construction of the main processing stream is …

Italy’s biggest utility Enel has completed the $1.8 billion sale of its stake in Russian natural gas producer SeverEnergia to Kremlin-controlled Rosneft, despite resistance from other shareholders reported Reuters. The deal has increased tensions between Russia’s oil barons, a headache for Russian President Vladimir Putin as he looks to boost …

Sercel has sold another 3,000 channels of its industry-leading UNITE cable-free land seismic acquisition system to Paragon Geophysical Services Inc., after having already sold 1,500 to the Kansas-based company earlier this year. Paragon was one of Sercel’s first UNITE customers and this recent order brings its total installed base to …

TMK announces that its shareholders duly approved the resolutions proposed at the Extraordinary General Meeting of Shareholders (EGM), which took place on November 11, 2013, in the form of an absentee voting. Shareholders voted to approve interim dividends, for the first 6 months of 2013, of RUR 1.04 per share …

Rosneft, Gazprombank, Sovcomflot and Korean shipbuilding company Daewoo Shipbuilding & Marine Engineering Co. signed a Memorandum of Understanding on key terms of cooperation to establish shipbuilding and industrial cluster in the southern part of Primorskiy Krai (Russian Far East). The parties agreed to jointly complete the construction and launch a …

Gazprom Neft and Vietnam Oil and Gas Group (PetroVietnam) have signed a framework agreement setting out the terms of Gazprom Neft’s proposed acquisition of a stake in the Dung Quat oil refinery and the refinery’s planned modernisation programme. Gazprom Neft will acquire a 49% share in Binh Son Refining and Petrochemical, which …

Rosneft President and Chairman of the Management Board Igor Sechin took part in the 10th Forum for Interregional Cooperation between the Russian Federation and Kazakhstan, which was held on November 11, 2013 in Yekaterinburg involving Presidents of the Russian Federation and Kazakhstan Vladimir Putin and Nursultan Nazarbayev. As part of …

Rosneft and Vietnam Oil and Gas Group (hereinafter referred to as PetroVietnam) signed Agreement on basic terms for geological survey, hydrocarbon exploration and production in the Pechora Sea. The agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Dr. Do Van Hau, President and …

Urals Energy, the independent exploration and production company with operations in Russia, is pleased to announce that the planned annual tanker shipment for export from Articneft on Kolguyev Island has been completed successfully.  The tanker left Kolguyev Island on Saturday 9 November 2013 with 25,008 tons of crude (an equivalent …