Tatneft: 200,000 Tons of Extra-Viscous Oil Have Been Produced at Ashalchinskoye Field
200,000 tons of extra-viscous oil (EVO) have been produced at Ashalchinskoye field of JSC TATNEFT since the beginning of its development. The planned production of EVO for 2013 amounts to 117,5 thousand tons. The target of the Company’s commercial extra-viscous oil development is Sheshminsky horizon of the Cheremshano-Bastrykskaya zone Ufimian …
TGS Announces Commercial Agreement to Sell Fugro’s 2D Multi-client Library
TGS-NOPEC Geophysical Company ASA announces a commercial agreement to sell Fugro’s 2D multi-client library. As a result of this agreement, Fugro provides TGS with an exclusive right to licence and market the majority of Fugro’s multi-client 2D library and receive commission fees on the sales of this data. The agreement …
Exillon Energy: Proved Reserves Up 56%, Probable Up 96%
Exillon Energy plc, a London Premium listed independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), today issues its updated reserves report prepared by Miller & Lents, Houston. · Total proved (“1P”) reserves increased by 56% to 196 million …
Former TNK Tycoons Look to Partner with Ex BP Chiefs
Representatives of the Alfa Group, set to earn billion of dollars from the sale of Anglo-Russian oil venture TNK-BP, have sounded out former BP CEOs John Browne and Tony Hayward about investing jointly in international oil projects. German Khan, one of four Soviet-born businessmen who shared control of TNK-BP with …
NOVATEK Wins Auction for the East-Tazovskoye Field
OAO NOVATEK announced today that its subsidiary OOO NOVATEK-Tarkosaleneftegas won an auction for exploration and production license for the East-Tazovskoye field. Payment for the license was set at RR 3.19 billion. The East-Tazovskoye field is located in the Yamal-Nenets Autonomous Region in close proximity to the North-Russkoye field, the license …
Gazprom Neft: Confirms GSP Jupiter Drilling Rig for Geological Exploration of the Dolginskoye field
Gazpromneft Sakhalin, a subsidiary of Gazprom Neft and the operator of Dolginskoye oil field located on Russia’s Arctic shelf, has contracted the GSP Jupiter, a jack-up drilling rig. Under the contract between Gazpromneft Sakhalin and Grup Servicii Petroliere S.A. (GSP), the Romanian company that owns the rig, the GSP Jupiter …
GSP Offshore to Provide Offshore Drilling and Support Service for Gazprom Neft
Operations are scheduled to start at the beginning of June and will be carried out in Dolginskoye oil field, located in the Pechora Sea, in the south eastern part of the Barents Sea, the continental shelf of the Russian Federation. MODU GSP Jupiter shall perform the drilling, logging, completion and …
Boskalis Posts Record Revenue for 2012
HIGHLIGHTS OF 2012 · Record revenue of EUR 3.1 billion · Record order book of EUR 4.1 billion · Net profit of EUR 250 million · EBITDA of EUR 568 million · Proposed unchanged dividend: EUR 1.24 per share OUTLOOK · Continued challenging market conditions in 2013 · Integration and …
Slavneft and KHMAO-Yugra Government Signed Cooperation Agreement 2013
OAO NGK Slavneft and the Government of Khanty-Mansi Autonomous District-Yugra signed a supplementary cooperation agreement outlining the Company’s social assistance program in the region for 2013. The document was signed by Yu.Ye. Sukhanov, President of OAO NGK Slavneft, and Nataliya Komarova, Governor of Khanty-Mansi Autonomous District-Yugra. Under the newly signed …
Gazprom and CNPC Ramping up Joint Efforts to Sign Contract for Russian Gas Supply to China
Led by Alexey Miller, Chairman of the Company’s Management Committee, a Gazprom delegation paid today a visit to the People’s Republic of China. Beijing hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Jiang Jiemin, Chairman of the Board of Directors of China National Petroleum Corporation. Taking part in the meeting were Zhou Jiping, CNPC President, Wang …