Rosneft BOD Recommends Dividends at 8.05 Rubles per Share, which Constitutes 25% of its IFRS net profit
The Rosneft Board of Directors held a scheduled meeting on April 30, 2013 and considered issues relating to the annual general shareholders meeting of the Company for the year 2012. The Board approved the following agenda for the annual general meeting of shareholders: Approval of the Company’s annual report; Approval …
TGS Calls for 2013 Ordinary General Meeting
The TGS Ordinary General Meeting will be held on 4 June 2013 at Hotel Continental, Stortingsgata 24/26 in Oslo at 17:00 CET. Registration of attendees will begin at 16:30 CET. Notice of Ordinary General Meeting 2013: English and Norwegian Attendance and Proxy Form 2013: English | Norwegian To register and …
NC KMG Will Fully Repay the Outstanding Amount of the Bonds to KMG EP
JSC National Company KazMunaiGas (“NC KMG”) has informed JSC KazMunaiGas Exploration Production (“KMG EP” or “the Company”) of its intention to fully repay the outstanding principal and accrued interest of its Bonds, in cash from its own resources. KMG EP purchased the KZT 222 billion (US$ 1.5 billion) NC KMG …
GE Expands Its Technology Offerings for the Unconventional Resources Sector, Introducing Modular Frac Manifolds
• New Product Has Key Safety, Cost-Saving Features • Offers Major Benefits for Shale Gas Field Operators • Flexibility to Support Specific Well Site Requirements GE Oil & Gas’ (NYSE: GE) Pressure Control business today announced it is adding modular frac manifolds to its fracturing services portfolio. Unveiled at the …
New BOP Surface Control System Adapts GE’s Proven Mark Vle Hardware/Software for Deepwater Drilling
• GE Cross-Business Technology Collaboration Key to Development of New SeaONYX System • Deploys GE’s Advanced Hardware/Software Platforms Currently Used by Wind Farms, Gas Turbine Power Plants and Other GE Businesses to Meet Challenges of Deepwater Drilling • Employs Built-in Self-Diagnostics and Obsolescence Management Features Designed to Maximize System Availability …
Tenaris to Launch Premium Connection Technologies for Deepwater Applications at OTC
Tenaris will introduce two new TenarisHydril premium connections for deepwater applications at booth 2965 in the main exhibit hall of the Offshore Technology Conference, held May 6-9 at the Reliant Center. TenarisHydril Wedge 623™ connection: This technology was developed to comply with recent changes in deepwater operating requirements in the …
Tenaris to Build Sucker Rods Mill in the United States
Tenaris announced today that it will invest 70 million USD to build a new sucker rods mill with a production capacity of 1,800,000 units per year, to reduce lead times and improve service for customers in the growing North American market. It will be built alongside Tenaris’s welded tubes mill …
GE Oil & Gas Wins Two ‘Spotlight on New Technology’ Awards at OTC 2013
• New Blowout Preventer Technologies Offer Industry-First Capabilities • Innovative Shearing Blades, BOP Monitoring Technologies Offer New Solutions for Complex Drilling Programs • GE One of Two Companies to Win Two Awards at the Show GE Oil & Gas (NYSE: GE) has received Spotlight on New Technology awards from the …
BP Announces Sale of Interest in Polvo Field, Brazil
BP announced today that it has agreed to sell its 60% interest in the Polvo oil field in Brazil to HRT Oil & Gas Ltda for $135m in cash. Subject to regulatory approvals, BP expects the deal to close in the second half of 2013. “Over the past two years …
Max Petroleum 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-E6 development well in the Zhana Makat Field on Block E using Zhanros Drilling’s ZJ-20 rig. Total vertical depth of the well will be approximately 900 …