Gazprom Neft: First Ever Hydraulic Fracturing on Yamal Peninsula Conducted At The Novoport Field
Hydraulic fracturing was successfully conducted for the first time ever on the Yamal Peninsula at Novoport field. The operation was performed in a Jurassic sedimentation area characterized by a high complexity of its geologic structure. Novoport field A total of five hydraulic fracturing operations were performed at four wells, including …
Russian Delegation Headed by Rosneft President I. Sechin Commences Work in Venezuela
On May 22, the Russian delegation headed by Rosneft’s President Igor Sechin started its work in Venezuela. As part of the visit, Rosneft President and Chairman of the Management Board Igor Sechin will hold talks with Venezuelan President Nicolás Maduro and Minister of Energy & Petroleum Rafael Ramírez. The parties …
Rosneft Tax Department Named Best In-House Team of the Year by International Tax Review
International Tax Review – the leading periodical on taxation – named the best tax advisers and the best in-house tax team in London on May 15, 2013 at European Tax Awards ceremony. Rosneft’s Tax Department was named European in-house tax team of the year for direct tax. Rosneft’s Tax Department …
Jason Launches New 3D Interpretation Software
New product helps oil companies streamline workflows and optimize project economics CGG announced today that Jason, a CGG company specializing in seismic reservoir characterization software and services, has added a powerful new product, 3D Interpretation, to its reservoir characterization software suite. The new software helps asset appraisal and development teams …
Zhaikmunai Has Record First Quarter
Q1 2013 Results – Outperforming Targets Zhaikmunai L.P. , the oil and gas exploration and production enterprise with assets in north-western Kazakhstan, today announces its financial results for the period from 1 January to 31 March 2013. HIGHLIGHTS FROM A RECORD FIRST QUARTER (Q1 2013) OPERATIONAL: Record total average daily …
Alexey Miller and Antonis Samaras highly praise Russian–Greek cooperation in gas sector
Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company’s delegation paid a visit today to the Greek Republic. Athens, Acropolis Enlarged photo (JPG, 1 MB) A working meeting between Alexey Miller and Antonis Samaras, Greek Republic Prime Minister took place as part of the visit. The parties …
Alliance Oil: Interim Report Revenues Up but Profit Down
Alliance Oil Company’s operational performance improved further in the first quarter of 2013. Average daily refining volumes in the reporting period were the highest in the Company’s history. Financial results were solid with operating cash flows, before changes in working capital, almost flat quarter-on-quarter. However, volume growth was offset by …
Max Petroleum: Successful Baichonas West Appraisal Well The Field Will Be Extended Into The Triassic Section
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the BCHW-2 appraisal well in the Baichonas West field has reached a total vertical depth of 1,487 metres, with electric logs indicating a total of seven metres of net pay in …
Rosneft Takes Management Decisions
Rosneft has taken important decisions as part of the principal stage of TNK-BP integration, as a result of which the united Company improved efficiency of its corporate structure and introduced uniform performance standards. Rosneft Management Board cancelled standards of corporate governance in effect in TNK-BP and approved uniform policies and …
Stroygazkonsalting, SGM and Stroynovatsiya will meet at the conference “NEFTEGAZSTROY 2013”
The IIIrd Annual International Conference «Construction in oil and gas complex» will be held 28th May in Moscow in the Intercontinental Moscow Tverskaya hotel. The conference «NEFTEGAZSTROY» will enable contractors to communicate with a wide range of customers and colleagues, to broaden horizons, to acquire useful business contacts. Traditionally conferences …