Innovative Liebherr Maritime Crane Concept
Meeting clients’ requests for cranes with lifting capacities far above the average lifting capacity of conventional mobile harbour cranes, Liebherr has developed a new and innovative model: the TCC 14000-400 D Litronic®. This combined offshore and mobile harbour crane, designed by Liebherr-Werk Nenzing GmbH, has been delivered to the customer …
Surgutneftegas Reports Operating Results For Nine Months Of 2013
Over the last nine months of 2013, Surgutneftegas produced about 45,941.7 thousand tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) exceeded 5,371.3 thousand tonnes, 11% up versus nine months of 2012. Throughout January-September of 2013, gas production amounted to 9.053 billion …
Max Petroleum: Production Test Results in Sagiz West And Spudding of Sagiz West and Uytas Wells
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce production test results at the Sagiz West field and the spudding of wells at the Sagiz West and Uytas fields. The SAGW-5 well in the Sagiz West Field is currently testing a …
Kvaerner Opens Moscow Office
Kvaerner strengthens its presence in Russia by opening an office in Moscow. “We are excited by the opportunities in the Russian Sub-arctic and Arctic regions. Establishing a permanent presence in Moscow is important in order to build competence and execute new projects in Russian markets”, says Jan Arve Haugan, President …
Solvay to Acquire U.S.Based Chemlogics, Extending its Oil & Gas Chemical Solutions Business
Acquisition highlights · Optimal fit with Solvay Novecare’s products, technologies, customers and geographies, leading to significant share of fast-growing $8 billion U.S. oil & gas chemical market · Fast-paced innovation model reinforcing R&D capabilities to enhance competitiveness and sustainability Financial considerations · Enterprise value of $1.3 billion (€1 billion), at 10.7x EBITDA …
Tatneft: Figures for the First 9 Months of 2013
The amount of 2,148,784 tons of crude oil was produced at JSC TATNEFT in September accounting for 100.6 percent versus September, 2012 (+13,020 tons). The amount of 19,518,329 tons of crude oil was produced during nine months, which was 62,258 tons more than during nine months of 2012 (100.3 percent) …
Kashagan Oilfield Resumes Output After Leak
A consortium developing Kazakhstan’s giant Kashagan oilfield has resumed production after an industrial accident halted work at the deposit last month, the Kazakh Oil & Gas Ministry said on Monday. Work at the offshore field – one of the world’s biggest oil finds in decades – was halted on Sept. …
TMK Completes Pipe Shipment for the Filanovsky Oil and Gas Condensate Field
TMK, one of the world’s leading producers of pipes for the oil and gas industry, has completed the shipment of tubular products for the construction of deep water pipelines at the Filanovsky oil and gas condensate field in the North Caspian Sea, under development by Lukoil. Since July 2012, TMK …
Lundin Petroleum Signs Heads Of Agreement With Rosneft For the Lagansky Block
Lundin Petroleum AB is pleased to announce that Lundin Petroleum and its partner Gunvor Group (Gunvor) have entered into a Heads of Agreement with Rosneft Oil Company (Rosneft) to jointly sell 51 percent of LLC Petroresurs. LLC Petroresurs is the 100 percent owner of the Lagansky block licence located in …
Urals Energy: Positive Indications from Surveys and Board Battle Update
Urals Energy, the independent exploration and production company with operations in Russia, announces an update in relation to its current operations as well as in relation to the requisitioned EGM. Operational Update Urals Energy has now concluded its preliminary review of the results of the Passive Seismic Spectroscopy and a …