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Aspen Technology: Version 8.4 of aspenONE® Software Expands Activation Capability to Optimize Energy, Economics, and Heat Exchanger Designs

Other enhancements include a new crude assay data system and new reactor models in Aspen HYSYS® for heavy crudes and expanded solids models in Aspen Plus® Aspen Technology, Inc. , a leading provider of software and services to the process industries, announced the availability of aspenONE V8.4 software, featuring new …

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Gazprom Neft has Signed a $2.15 billion Club Term Facility Agreement

Gazprom Neft has signed a $2.15 billion club term facility agreement with a group of international banks. The facility is an amortizing* $2.15 billion term loan with a final maturity date falling five years from the date of the first utilization and a two-years grace period. The facility has a …

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IG Seismic Services Receives Take Over Approach

IG Seismic Services Plc announces that it recently received an approach by U.C.E. Synttech Holdings Ltd, regarding a possible offer for the entire issued and to be issued share capital of the Company. UCE Syntech Holdings is a company ultimately controlled by IGSS chief executive Nikolay Levitskiy. The Board of Directors …

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Exillon Energy: November Production at 17,652bbpd

Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, is pleased to announce unaudited production data for the month of November 2013. Production Update · Our average daily production[1] was 17,652 bbl/day during the period. · Average daily …

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PetroNeft: Commences Deferred Drilling Operations with Tomskburneftegas

PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce an operations update. Highlights Drilling operations re-commenced Production currently 2,300 bopd, workovers planned once winter roads available Continued progress on re-financing as discussions widen to include additional parties Drilling programme The Board has …

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Gazprom Neft: Considering Two More Gravity Based Platforms to Develop the Dolginskoye Field

Russia’s Gazprom Neft is reportedly looking at building two concrete gravity base platforms to develop its Dolginskoye field in the Pechora Sea, similar to the unit set to start producing from the nearby Prirazlomnoye oilfield in the Arctic play reported Upstream. Representatives of the oil subsidiary of Russian gas giant …

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SGS Pipe Inspections for TMK in Russia

In June 2013, SGS was awarded a contract to provide inspection services for quality assurance of pipes during and after production at three production plants in Russia by TMK-Kaztrubprom. In June 2013, SGS was selected to provide field inspection services for quality assurance of pipes in the framework of the …

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C.A.T Oil AG: Revenues Up 30% in One Year

C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, achieved outstanding results in the first nine months of 2013. The Company increased its revenues by more than 30% to EUR 322.9 million (Q1-3 2012: EUR 246.3 million) and its EBITDA by …

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Shelton Petroleum AB: Change in Number of Shares and Votes

Convertibles amounting to SEK 360 thousand in the program KV 2012/2013 have been converted at a price of SEK 16. As previously announced holders of the remaining convertibles in this program, SEK 22,410 thousand, have chosen to exchange their convertibles to a new convertible with unchanged conditions and maturity 30 …

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Alexey Miller: work with RUSNANO yields specific results

Alexey Miller, Chairman of the Gazprom Management Committee and Anatoly Chubais, Chairman of the RUSNANO Executive Board held a joint meeting at Gazprom’s headquarters dedicated to the innovative products development and their introduction at Gazprom’s production facilities. Taking part in the meeting were Members of the Gazprom Management Committee, heads of the Company’s relevant units and organizations as well as heads of RUSNANO’s structural …

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