Eurasia Drilling’s EDC Neptune Being Delivered by Blue Water Energy from Lamprell Energy
Following a successful delivery of the EDC Neptune from UAE to Russia in 2012, Lamprell Energy has again selected Blue Water Shipping as their transport partner to deliver a LeTourneau S116E jack-up rig from their Hamriyah yard to Russia. “We selected Blue Water Shipping due to their competitive bid, but …
Board of Directors of Lukoil approved lists of candidates for election of the Board of Directors and the Audit Commission
The Board of Directors of OAO LUKOIL approved lists of candidates for election of the Board of Directors and the Audit Commission at the 2013 Annual General Shareholders Meeting. The list of candidates is based on the nominees put forward by shareholders who own at least two percent of the voting …
TNК-ВР Identifies Best HSE Projects for 2012
ТNК-ВР has announced the best Health, Safety and Environment (HSE) projects, which became the winners of the annual TNK-BP Board of Directors Chairman’s Award for 2012. TNK-BP operates in accordance with the best international HSE standards and pays special attention to supporting the employees’ projects aimed to improve the environmental …
Bashneft announces preliminary results for 2012
Bashneft crude oil production rose 2.2% year-on-year to 15 437 thousand tons in 2012 (112 690 thousand barrels)*. Average daily crude oil production amounted to 42.2 thousand tons per day (308.1 thousand bbl per day). Thus, by the end 2012 Bashneft retained its leading position in Russian O&G industry, not …
Russian Prime Minister Signs Government Order to Transfer 12 Russian Offshore Acreages to Rosneft
Russian Prime Minister Dmitry Medvedev has signed an order transferring the rights to develop 12 acreages on the Russian continental shelf to Rosneft. The order gives Rosneft the right to use 12 subsoil acreages located in the Barents Sea (Severo-Pomorsky-1, Yuzhno-Prinovozemelsky, Zapadno-Prinovozemelsky, Zapadno-Matveevsky and Russky), Kara Sea (Severo-Karsky), Chukchi Sea …
TNK-BP Wins Auction for Yuzhno-Uzunsky Subsoil Block in Nefteyugansky District
TNK-BP announces that OJSC Nizhnevartovskoe Neftegazodobyvayuschee Predpriyatie (a TNK-BP Group company) has won an auction for development rights to the Yuzhno-Uzunsky subsoil block (estimated C1+C2 reserves – 1.4 million tons). By the end of 2013, the Company will perform a detailed analysis and evaluation of the block’s reserves before …
Rosneft Signs Long-Term Supply Deals via Druzhba Pipeline
On February 1, 2013 Rosneft President and Chairman of the Management Board Igor Sechin visited Hamburg to sign a contract for supply of crude oil via the Druzhba pipeline to Poland, where the crude will be purchased by PKN Orlen, owner of the Plotsk refinery. The amount of the contract …
Rosneft Posts Record 2012 Net Profit of RUB 342 Bln and Daily Hydrocarbon Production of 2.7 Mln Boepd, Signs Agreements on TNK-BP Acquisition
On 1 February 2013 Rosneft published its full audited consolidated IFRS financial statements for Q4 2012 and FY 2012. Key operating and financial highlights Q4 2012 Q3 2012 Change, % 2012 2011 Change, % Operating results Hydrocarbon production, th. boepd 2,823 2,729 3.4% 2,702 2,586 4.5% Crude oil production, th. …
The MIEF-2013 Program Committee Invites to the Round Table “Energy Strategy of Russia”: Dogma or Changing Outlook?”
7 February 2013 in Moscow, in the framework of the preparation of XI Moscow International Energy Forum “Russian energy and fuel complex in the XXI century” will take place the round table in the format of an open meeting of the Program Committee of the MIEF-2013 with the participation of …
Scientific and Technical Center of Tatneft has become a Full Fledged Resident of Skolkovo
The Scientific and Research Center of the JSC TATNEFT has been assigned the project participant status of establishing and operating the “Skolkovo” Innovation Center. An appropriate entry has been made in the register of the project participants according to the Federal Law “On the”Skolkovo” Innovation Center”. The research will be …