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Max Petroleum Drilling Update UTS-7 appraisal well in the Uytas Field on Block A

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces that it has completed drilling the UTS-7 appraisal well in the Uytas Field on Block A. The well reached a total depth of 550 metres encountering insufficient hydrocarbons to be commercial and therefore will …

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Max Petroleum Plc Drilling Update

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ZMA-E3 development well in the Zhana Makat Field on Block E using the Zhanros ZJ-30 rig. Total vertical depth of the well will be approximately 860 …

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Smith Bits Releases ONYX 360 Rolling PDC Cutter for Improved Drillbit Durability

Smith Bits, a Schlumberger company, announced today the release of the ONYX 360* rolling polycrystalline diamond compact (PDC) cutter. An industry first, this unique technology enables a PDC cutter to rotate 360° while drilling, significantly improving drillbit durability in abrasive formations and extending drillbit life and footage drilled per run. …

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Alexey Miller and Michael Fallon Address Possibility of Boosting Russian Gas Supplies to UK

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Michael Fallon, Business and Energy Minister of the UK took place today as part of the St. Petersburg International Economic Forum The parties addressed the issues of bilateral cooperation in the energy sector. In particular, Alexey Miller and Michael Fallon discussed the prospects for boosting Russian natural …

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Gazprom and BASF Look Into Joint Projects

A meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Kurt Bock, Chairman of the Board of Executive Directors of BASF took place yesterday as part of the St. Petersburg International Economic Forum 2013. The parties discussed the cooperation deepening in the energy sector, giving consideration to the prospects for entering into joint projects in Russia and third countries, inter alia, as part …

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Rosneft Takes Part in the St Petersburg International Economic Forum on June 20-22, 2013

Rosneft signed a record-high number of economic agreements, important for the company and the country in general, at the 17th St. Petersburg International Economic Forum, which traditionally put together representatives of the global political and business elites. “Today at the forum we sealed a number of new documents as part …

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Caterpillar to Feature the Latest in Engine, Service Solutions Technologies at the 12th Moscow International Oil and Gas Exhibition

G3306B TA Gas Oilfield Generator Set to be Unveiled at MIOGE Caterpillar Global Petroleum will unveil its latest comprehensive power solutions at the 12th Moscow International Oil and Gas Exhibition (MIOGE). Featured at the show will be the complete line of small Cat® gas generator sets, including the recently announced …

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Rosneft and CNPC Sign Agreements on Crude Oil Supplies

Rosneft President and Chairman of the Management Board Igor Sechin and Chairman of China National Petroleum Corporation (CNPC) Zhou Jiping signed long-term crude oil supply contracts to China during the Saint Petersburg International Economic Forum. The signature ceremony was led by Vladimir Putin, President of the Russian Federation, and Zhang …

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Rosneft Secures $2 bln Long-Term Loan from China Development Bank

Rosneft and China Development Bank finalized contractual documentation for a long-term credit line in the framework of facility agreement signed between the parties in March 2013. The facility agreement was signed by Rosneft President and Chairman of the Management Board Igor Sechin and President of China Development Bank Zheng Zhijie …

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Rosneft and General Electric Sign Strategic Cooperation Agreement

Rosneft and General Electric signed a Strategic cooperation agreement during the St Petersburg International Economic Forum. The Agreement was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Jeffrey Immelt, GE Chairman and CEO, [in the presence of the Russian President Vladimir Putin]. The Agreement will …

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