Uncategorized

First International Neryungri Business Forum

The First Neryungri Business Forum with the support of the Government of the Republic of Sakha (Yakutia), the Municipal District “Neryungri Region”, The Chamber of Commerce and Industry of the Russian Federation,   will be held on 13-14 September 2013 in Neryungri, Yakutia.   The objectives of the Business Forum …

READ MORE →
Uncategorized

Shah Deniz targets Italian and Southeastern European gas markets through Trans Adriatic Pipeline

The Shah Deniz consortium announced today that it has selected the Trans Adriatic Pipeline (TAP) to deliver gas volumes from the Shah Deniz stage 2 project to customers in Greece, Italy and Southeast Europe. This is an important milestone in the Shah Deniz consortium’s multi-phased approach to the opening of …

READ MORE →
Uncategorized

The Hull Assembly of an Icebreaking Multipurpose Emergency and Rescue Vessel started at Arctech Helsinki Shipyard

The hull assembly of an icebreaking multipurpose emergency and rescue vessel for Russian Ministry of Transport started 28 June 2013 at Arctech Helsinki Shipyard. The vessel will be used in icebreaking, rescue and oil combatting operations in the Gulf of Finland. The vessel being built at Helsinki shipyard represents a …

READ MORE →
Uncategorized

Hardbanding Solutions: Casing Protection – A Tale Of Two Hardbands

Two of the most recognized hardbands in the industry are non-cracking Duraband® NC and Tuffband® NC.  Each product has been proven to decrease drilling costs and downtime while increasing profitability and productivity.  Both products are casing-friendly.  Tuffband® NC is used when drilling conditions are not very abrasive, while Duraband® NC …

READ MORE →
Uncategorized

SURGUT Hosts Annual General Shareholders Meeting on the Year 2012

Having considered all the issues on the agenda, the shareholders approved the annual report and annual financial statements of OJSC “Surgutneftegas”, including the income statement for the year 2012. At the meeting of shareholders, a resolution was made to declare a dividend payment for the year 2012 at the rate …

READ MORE →
Uncategorized

Valery Golubev and Nikolai Dubik Re-elected as Members of Gazprom’s Management Committee

The Gazprom Board of Directors held a meeting in absentia. The Board of Directors reelected Valery Golubev, Deputy Chairman of the Management Committee and Nikolai Dubik, Head of the Legal Department as Members of the Gazprom Management Committee for another five-year term starting from April 18, 2013 and from June 16, 2013 respectively. Source: www.gazprom.com/press

READ MORE →
Uncategorized

RDCR 2014 & ROGTEC Magazine Exhibit at MIOGE 2013, RDCR Sponsorship Slots Selling Fast

TMG Worldwide, leading publishers and event organisers for the oil and gas sector in Russia, are currently exhibiting both ROGTEC Magazine and the RDCR 2014 at MIOGE. With over 6,000 copies of ROGTEC Magazine being distributed throughout the exhibition, our leading upstream publication is, as usual, the most visible media …

READ MORE →
Uncategorized

Cameron and Schlumberger Complete Subsea Joint Venture

Cameron and Schlumberger today announced that OneSubsea, a joint venture to manufacture and develop products, systems and services for the subsea oil and gas market, has received all required regulatory approvals.  The parties will close the transaction making OneSubsea operational on June 30, 2013. Cameron and Schlumberger have 60/40 ownership …

READ MORE →
Uncategorized

Record Number of Participants Confirmed for the 12th Edition of the Moscow Refining, Gas & Petrochemicals Week 2013

Euro Petroleum Consultants (EPC) reported a record number of participants and exhibitors already confirmed for the 12th edition of the Moscow Refining, Gas and Petrochemicals Week that will take place in the ultra-luxurious Lotte Hotel in Moscow this September. The Moscow Refining, Gas & Petrochemicals Week is a high-level forum …

READ MORE →
Uncategorized

Tatneft Published its IFRS Consolidated Interim Condensed Financial Statements for the First Quarter of 2013

OAO Tatneft published on its web-site the unaudited interim condensed consolidated financial statements for the three months ended 31 March 2013 prepared in accordance with International Financial Reporting Standards   and the related Management Discussion and Analysis of Results of Operations. Selected financial highlights below are based on the respective IFRS …

READ MORE →