TMK Runs Premium Pipes at NOVATEK’s Gas Field
TMK, a leading global manufacturer and supplier of steel pipes for the oil and gas industry, has run its casing pipes with ТМК PF premium connections in the onshore and offshore parts of the well at NOVATEK’s Yurkharovskoye field. ТМК specialists already provided support of the two similar runs at …
ТМК Announces 4Q 2012 and FY2012 Operational Results
ТМК Announces 4Q 2012 and FY2012 Operational Results (287.56 KB,pdf) 4Q 2012 and FY 2012 Highlights TMK shipped a total of 4,218 thousand tonnes of steel pipe to customers in 2012, that stands almost on a par with the prior year when the Company demonstrated record-high shipments. Declining shipments in the …
Boskalis: 90% shares committed to Dockwise offer
Royal Boskalis Westminster N.V. (“Boskalis”) announces that it has acquired 182,654 shares in Dockwise in the course of trading today. All these shares were acquired through Euronext Amsterdam and were purchased at an average price of EUR 18.50 per share with a maximum price of EUR 18.50 per share (which …
TatNIPIneft Continues Increasing the Intellectual Property of Tatneft
TatNIPIneft systematically continues to build up the intellectual property of the JSC TATNEFT. The inventive potential of the Institute aims at workable engineering developments. 135 applications for invention patents issuing and 14 applications for state registration of computer programs were submitted to the Federal Institute of Industrial Property of the …
Boskalis closes debt financing for Dockwise acquisition
With reference to the press release of 30 January 2013, in which Boskalis announced its decision to make an all cash mandatory public offer for all the issued and outstanding ordinary shares of Dockwise at a price of EUR 18.50 per share cum dividend, which equals NOK 137 as per …
Rosneft Head Igor Sechin Completes Working Visit to Venezuela
On January 29-30, Igor Sechin, President and Chairman of the Management Board at Rosneft, led a Russian delegation comprising representatives from INTER RAO UES, RusHydro, Uralmash NGO Holding and Kamaz, as well as Russian bankers and businessmen, on a working visit to Venezuela. The head of Rosneft held talks with …
KMG buys ConocoPhillips’ Nursultan stake
Kazakhstani state player KazMunaiGas has reportedly acquired a 24.5% stake in the Nursultan offshore oil block from ConocoPhillips, giving it a 75.5% stake in the Caspian Sea concession. The offshore Kazakh block’s estimated reserves run to around 2.13 billion barrels of oil, with commercial production at the field set to start …
Michael Townshend To Become Senior Vice President of Russia BP Group
Townshend, currently regional president for the company in Iraq since 2009, is replacing David Peattie who will step aside at the end of February. Townshend, who will report directly to BP chief executive Bob Dudley, has worked for the oil stalwart in Azerbaijan, Nigeria, the Netherlands, Indonesia, US, Australia and …
Tethys Doubles Gas Price in Kazakhstan
Tethys Petroleum Limited (“Tethys”) (TSX:TPL)(LSE:TPL), the oil and gas exploration and production company focused on Central Asia, today announced that it has effectively doubled the net price of the gas which it is selling in Kazakhstan. New gas price after marketing and distribution costs USD65 (USD72.8 including VAT) per 1,000 cubic metres (previously USD32.5 including VAT for the …
Meeting of the Board of Directors of KMG EP
Astana, 30 January 2013. JSC KazMunaiGas Exploration Production (“KMG EP” or “the Company”) held a regular meeting of the Board of Directors yesterday. At the meeting the members of the Board discussed preliminary financial and operational results for 2012. The Board of Directors has decided to call an extraordinary general …