2013

Bashneft Group, which comprises JSOC Bashneft, its subsidiaries and affiliates, released its unaudited consolidated financial statements for the third quarter of 2013 and the nine months ended September 30, 2013 prepared in accordance with International Financial Reporting Standards (IFRS) During the nine months of 2013, the Group’s revenue from sales increased by 6.2% year-on-year to 417,054 million roubles …

TMG Worldwide is proud to announce the official launch of the 1st UOR, Unconventional Oil Russia Technology Conference. Taking place on the 14th May 2014 in Moscow, the UOR will become Russia’s leading forum on technology adoption and implementation for the development of unconventional, tight and shale oil plays. The event will focus on the drilling and …

JSC TATNEFT’s Board of Directors appointed Nail Ulfatovich Maganov, who previously held the position of the First Deputy Director General of JSC TATNEFT – Head of Crude Oil and Petroleum Products Sales Department, General Director. Nail Ulfatovich Maganov was born in Almetyevsk (Republic of Tatarstan) on July 28, 1958. He …

Please describe your position and your product offerings for the Russian and Caspian market. My position is Region Manager of Packers Plus Energy Services (PPES) for the Europe/Russia and CIS area. PPES offers innovative completion solutions for Open Hole Multi-Stage Fracturing (OHMSF) which is a key and growing part of …

Vadim Kravets In September 2013 the board of directors of Transneft approved the company’s investment program for 2014 and until 2018. The document sets out the scope of funding for the construction and upgrade of the existing pipelines. Specifically, the program calls for allocating over 100 billion rubles in order …

David Bamford It can be argued that over the last 20 years or so, offshore explorers have become ‘lazy’, relying on regional 3D seismic to bring them success. This will not be possible when explorers turn to looking for unconventional resources onshore; the innovative use of technology will be the …

N.A. Malyshev, V.V. Obmetko (Rosneft Oil Company OJSC, RF, Moscow), A.A. Borodulin (RN-SakhalinNIPImorneft LLC, RF, Yuzhno-Sakhalinsk) The depletion of the resource base in Russia’s historical oil producing regions had brought about the necessity of developing remote areas in the Far North, Eastern Siberia and offshore regions. Performing geological exploration works …

Thomas Reed, CEO of Ruspetro and a founding shareholder. Prior to joining the Group Mr Reed was a private equity and M&A advisor and investor based in Moscow. Since 1995 he has been involved in the origination, trading, and research of different classes of assets, such as equity and equity …

TMK, one of the world’s leading producers of tubular  products for the oil and gas industry, announces today its interim consolidated IFRS financial results for the nine months ending September 30, 2013. Total pipe sales decreased by 9% quarter-on-quarter to 1,022 thousand tonnes, mainly due to a reduction in OCTG …

Alexander Kalugin, Geology and Drilling Department, LUKOIL-AIK                                                                          Iskander Kazbulatov, Wireline Engineer, Weatherford                                          Anna Rubtsova, Borehole Seismic Geophysicist, Weatherford Microseismic monitoring is one of the most efficient methods for hydraulic fracturing mapping. Its principle is based on monitoring micro-earthquakes in the strike-slip fault zones at the fracture propagation direction, or …