2013

Please introduce yourself with a short bio and your history in Russia My name is Jeremy Roemershauser, Business Development Manager for Russia, Africa, China, Europe and the MENA/CIS regions. In my role with Arnco, I am able to see how our different markets have developed, allowing me to bring those …

On October 22, 2013 Rosneft and Sinopec signed the Memorandum on prepaid export contract. The Agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Fu Chengyu, Chairman of the Sinopec’s Board of Directors in the presence of Dmitry Medvedev, Prime Minister of the Russian …

Eurasia Drilling Company Limited (“EDC” or the “Company” – LSE: EDCL), the leading onshore & offshore drilling service provider in the CIS, today announced its operational and financial update for the nine months ending September 30, 2013. The financial data is based on management assessment only and has not been …

Lundin Petroleum AB (Lundin Petroleum) will incur exploration expenses of approximately USD 19 million and non-cash impairment expenses of approximately USD 42 million for the third quarter 2013 (the Period) results. These expenses will be offset by a deferred tax credit of USD 16 million giving an after tax net …

A modern cementing complex that is capable to perform works in the automatic operation mode is applied in the process of wells construction for well casing and cementing in the fields of JSC TATNEFT. The cementing complex consists of 5 pieces of specialized equipment: double-pump cementing unit UNBS2 600×70, mobile …

Beijing hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Zhou Jiping, Chairman of China National Petroleum Corporation (CNPC). The meeting participants looked into the development prospects for bilateral interaction in the energy sector. Special attention was paid to the issues of Russian natural gas supply via the eastern route. …

IG Seismic Services PLC (“IGSS” or the “Company”, LSE: IGSS), the leading pure-play land and transition zone seismic company in Russia and the CIS and one of the largest land seismic companies globally, announces that GEOTECH Seismic Services (S&P rating: B), the largest geophysical company, a member of IGSS, closed …

At the auction conducted by the Department of Subsoil Use of the Republic of Bashkortostan (Bashnedra), Bashneft won the right to conduct geological exploration, prospecting and production of hydrocarbons at the Astashevsko-Sosnovsko-Nazarovskiy subsoil area. Bashneft will make a one-off payment for the area totalling 330 thousand roubles The Astashevsko-Sosnovsko-Nazarovskiy subsoil area has the area of 1,922.7 sq. km and is situated in the southern part of the Republic of Bashkortostan …

Led by Alexey Miller, Chairman of the Management Committee, Gazprom‘s delegation paid a visit today to the Slovak Republic. As part of the visit a meeting was held in Bratislava between Alexey Miller and Robert Fico, Prime Minister of Slovakia. The parties addressed the status of bilateral cooperation in the gas sector. Particularly, high emphasis was placed on Russian pipeline gas supplies …

Tethys Petroleum the E&P Company focused on Central Asia and the Caspian Region, provided an update on operations in Kazakhstan. AKD08 (“Doto”) Well The AKD08 (“Doto”) well has reached a depth of 1,368 metres and electric logs have been run in the hole. The 13 3/8th casing is being run …