Uncategorized

Vallourec Hosts Technology Conference with Hardbanding Solutions

Vallourec Group, a world leader in manufacturing of seamless steel tubes, together with a company Hardbanding Solutions, a hardbanding wire manufacturer, organized the Technical Conference on the 24th of October 2013 in Moscow. Vallourec covered their history, activity on the market and strategy with views and analysis from Andreas Kauschke …

READ MORE →
Uncategorized

Alliance Group launches recommended Cash Offer for Alliance Oil Company

The Boards of Directors of Lambros Overseas S.A. and OJSC Alliance Group and Alliance Oil Company Ltd. today announce a recommended cash offer, pursuant to which Alliance Group, through its jointly owned subsidiary Alford Financial Ltd, would acquire all of the ordinary shares in AOC, represented by Swedish Depositary Receipts, …

READ MORE →
Uncategorized

Istanbul Wins Bid to Host 22nd World Petroleum Congress in 2017

Turkey has won the bid to host the 22nd World Petroleum Congress (WPC) in 2017, widely recognized as the “Olympics” of the oil and gas industry. “This time – Istanbul!” was the motto for the Turkish delegation as they faced the USA with Houston, Kazakhstan with Astana and Denmark with …

READ MORE →
Uncategorized

Shelton Petroleum AB: Change in Number of Shares and Votes

In October 2013 the number of B shares in Shelton Petroleum AB changed. At the request of Petrogrand AB, Convertible 1 in the amount of SEK 30,000,000 has been converted into B-shares. The conversion price was SEK 20 per share. A total amount of 1,500,000 B shares has been issued …

READ MORE →
Uncategorized

International Petroleum: Quarterly Activities Report for the Quarter Ending 30 September 2013

International Petroleum Limited, an oil and gas exploration company with assets in Russia, Kazakhstan and Niger, is pleased to present its quarterly activities report for the quarter ended 30 September 2013. HIGHLIGHTS • US$122,000 cash at bank at 30 September 2013 • Sale of Russian Assets and Kazakhstan Assets for …

READ MORE →
Uncategorized

Tethys Petroleum: Commences Drilling at AKD09, Dexa, Well

Tethys Petroleum Limited, the E&P Company focused on Central Asia and the Caspian Region announces that it has commenced drilling of the AKD09 (“Dexa”) well in Kazakhstan and updated on Kazakh oil production operations. AKD09 (“Dexa”) The AKD09 (“Dexa”) well is located to the North-West of the producing Doris field …

READ MORE →
Uncategorized

TMK: Launches Green Well Lubricant Free Coating

TMK has implemented a new technology of lubricant-free coating for threaded connections – Green Well. Casing pipes with TMK PF premium connections and the innovative coating were used for assembling casing columns run into the wells at Rosneft’s Vankorskoye field. The Green Well lubricant-free technology offers considerable advantages over alternative …

READ MORE →
Uncategorized

Schlumberger Introduces Multipole Sonic-While-Drilling Service for Large Boreholes

SonicScope delivers validated measurements for improved drilling risk management Schlumberger announced today the release of the SonicScope* multipole sonic-while-drilling service for wells with large boreholes. The SonicScope service provides high fidelity measurements to determine formation pore pressure and breakout limits to improve drilling risk management. “When drilling in challenging environments …

READ MORE →
Uncategorized

Russian Government Committee Approves LNG Exports Liberalisation

A Russian government committee on Tuesday approved amendments to a law to end Gazprom’s monopoly on liquefied natural gas (LNG) exports which supporters say will bolster Russia’s LNG sector. Approval by the Legislative Committee is non-binding but the government usually implements the committee’s guidelines and submits them to parliament, which is dominated by allies of President Vladimir …

READ MORE →
Uncategorized

Gazprom Board of Directors Reviews Long-term Development Strategy

The Gazprom Board of Directors took note of the information concerning the Company’s development strategy over a long-term period. The meeting highlighted that establishment of Gazprom as the leader among global energy companies was its main strategic goal. This goal is attained by diversifying products and sales markets, enhancing the reliability of supplies, higher performance and making the best of its …

READ MORE →