2013

Gazprom subsidiary, VNIPIgazdobycha, has appointed WorleyParsons as their engineering contractor for the development of a major Russian LNG production and export facility “Vladivostok LNG”. The development forms part of the Russian Government’s strategy to substantially expand the eastern portion of the country’s unified gas supply system. The expected revenue to …

I want to update you on the status of the Court proceedings initiated by Eclairs Limited and Glengary Overseas Limited and their nominees against your Company and also to give you a JKX progress report as we approach the end of the year. Permission to Appeal Granted The Court of …

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yury Boiko, Vice Prime Minister of Ukraine. The parties discussed crucial issues of cooperation in the gas sector.

Over the last ten months of 2013, Surgutneftegas produced about 51,165.7 thousand tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 5,990.3 thousand tonnes, 10% up versus ten months of 2012. Throughout January-October of 2013, gas production amounted to 10.042 billion …

The Boards of Directors of Lambros Overseas S.A. and OJSC Alliance Group (together “Alliance Group”) and of Alliance Oil Company Ltd. (“Alliance Oil”) today announce that they have now received all the necessary antitrust clearances in Russia, Germany and Cyprus to complete the amalgamation between Alford Financial Ltd and Alliance …

Hardbanding Solutions are delighted to announce the world’s most trusted Hardbanding material, Duraband NC, is now stocked in Russia for immediate delivery to all of their applicators. This means that the growing list of companies licensed to apply Duraband NC can respond to a requirement for quality, casing friendly and …

Russia is likely to grant a request from Surgutneftegas to widen the qualification criteria for the country’s tax breaks on shale oil. Energy minister Alexander Novak said that “Surgutneftegas has asked us to change some criteria and parameters applicable to the breaks. “We are likely to support this initiative,” Novak …

RMS 2013 moves into seismic interpretation, providing users with unique tools for quantifying geologic risk early in the interpretation process and improved investment returns. Emerson Process Management has released Roxar RMS 2013, the latest version of its reservoir modeling software. RMS 2013 now comes with model driven interpretation capabilities and …

Aker Solutions‘ increased attention to operations and return on equity is starting to pay off after a challenging start to the year. The company will today at its capital markets day announce that all business areas are committed to improvement programmes that will start translating into double-digit profit margins for …

Tethys Petroleum Limited today gave an update on its operations in Kazakhstan. AKD08 (“Doto”) The AKD08 (“Doto”) exploration well has reached a total depth of 3,556 metres and electric logs have been run to TD in the 8 1/2″ hole section. As was previously announced, hydrocarbon indications have been observed …