Rosneft consolidated ITERA Oil and Gas Company
Rosneft and members of ITERA Oil and Gas Company LLC inform on the acquisition of the remaining 49% of ITERA Oil and Gas Company LLC from Itera Holdings Limited for USD 2.9 bln. As a result Rosneft increased its share in Itera Oil and Gas Company LLC to 100%. Consolidation …
Meeting dedicated to RAO/CIS Offshore 2013 will be held at the Ministry of Energy of the Russian Federation on the 27th of June.
At the meeting invited the heads of Russian and international companies, representatives of Ministries, Embassies and industry alliances. In addition to general questions about the preparation of the Event at the meeting will discuss the consolidated schedule of meetings of representatives of the Russian ministries with the heads of the …
Jay Hollingsworth Joins Energistics As Its Chief Technology Officer
Energistics, the upstream oil and gas open standards consortium, is pleased to announce that Jay Hollingsworth has joined Energistics as its Chief Technology Officer. In addition to bringing more than twenty years of upstream oil and gas industry experience to the position, Mr. Hollingsworth is also a recognized authority on …
GE Completes Acquisition of Lufkin Industries
• Move Expands GE Presence in Artificial Lift Industry • Offers Solutions for a Wider Variety of Well Types • Improves GE’s Turbomachinery Product Portfolio GE Oil & Gas today announced that it has completed its acquisition of Lufkin Industries, Inc., a leading provider of artificial lift technologies for the …
Rosneft: Vankor Field Produced 60 Millionth Ton of Oil Since Inception
The Vankor oil and gas field operated by Rosneft produced 60 millionth ton of oil since its kick off. The field commenced commercial operations in August 2009. Today, Vankorneft has an existing stock of 266 wells at 31 cluster sites, which yield more than 59,000 tons of oil per day. …
TATNEFT Company Is among Leaders in Associated Petroleum Gas Utilization
According to the World Wildlife Fund of Russia (WWF) JSC “Surgutneftegaz” and JSC TATNEFT demonstrated highest rates of associated petroleum gas (APG) utilization in 2012 among oil and gas production companies. The world wildlife Fund of Russia (WWF) supported by the economic faculty of the Moscow State University named after …
KMG EP signs Memorandum of Understanding with Petrofac
KazMunaiGas Exploration Production JSC announces that it has signed a Memorandum of Understanding with Petrofac Limited. The MOU allows the parties to explore opportunities to improve the efficiency of oil production and increase production from the mature Emba fields of KMG EP’s 100% subsidiary EmbaMunaiGas JSC. Under the terms of …
Rosneft Launches Exploration Works and Environmental Analysis at Sea of Okhotsk Blocks
Rosneft starts field seismic prospecting at the license blocks Lisyansky, Kashevarovsky and Magadan-1. Rosneft holds geological study at the blocks jointly with its partner Statoil ASA (Norway). Currently 2D seismic along with shipborne gravity magnetic survey are planned for the blocks. The data is to be collected by geophysical methods …
Weatherford at MIOGE 2013
Weatherford, an oilfield services company participated in the 12th international exhibition MIOGE 2013 held on June 25-28 at the Expocentre in Moscow. The Weatherford’s exhibits were focused on advanced solutions the company offers to the oil and gas industry in three key areas: Innovative Well Construction Portfolio, Efficient Technologies for …
Kimray enters cooperative agreement with Tyumen State Oil and Gas University
On June 20, Kimray Inc. and Tyumen State Oil and Gas University entered into a cooperative agreement to support the education and training of students at the University and for potential technology innovation. As a part of the cooperation, Kimray donated several working separator models that employ control valves and …