2013

Eurasia Drilling has confirmed their participation and their Gold sponsorship for the Drilling Contractors Roundtable. The event to be held on the 11th of April and will see Russia’s drilling contractors discuss their capital equipment needs and solutions with the leading domestic and international equipment providers. To see more information …

British major BP said it is targeting 2018 for the first gas from the second phase of Azerbaijan’s Shah Deniz gas project, a major development aimed at reducing European dependence on Russia for its energy supplies. Output from Shah Deniz II is expected to reach 16 billion cubic metres (bcm) …

The Gazprom headquarters hosted a regular meeting of Alexey Miller, Chairman of the Company’s Management Committee and heads of Russian pipe manufacturing companies. Alexey Miller Enlarge photo (JPG, 1 MB) Taking part in the meeting were Deputy Chairmen and Members of the Gazprom Management Committee, heads of the Company’s specialized …

ERIELL Group started drilling 29 additional wells in the Urengoi Oil and Gas Condensate Field, within the framework of a new agreement with CJSC Achimgaz. ERIELL Group is the general contractor and provides the services on a turnkey basis. The agreement includes the construction of directional production S-shaped wells in …

“Tatneftegazpererabotka” Administration (UTNGP) of the JSC TATNEFT collected 843.5 million m3 of associated petroleum gas for the year 2012, which was 53.1 million cubic meters more than in 2011. Processing of the petroleum gas in the past year amounted to about 753,810,000 m3, which was 43.0 million m3 more than …

JSC “KMG EP” announces that Abat Nurseitov has been appointed the General Director (CEO) by the Board of Directors. Abat Nurseitov previously worked as the Deputy General Director for Production. He has succeeded Alik Aidarbayev who resigned due to his appointment as Akim of Mangistau region. The newly appointed CEO …

The toxic legacy of the Cold War lives on in Russia’s Arctic, where the Soviet military dumped many tonnes of radioactive hardware at sea. For more than a decade, Western governments have been helping Russia to remove nuclear fuel from decommissioned submarines docked in the Kola Peninsula – the region …

Currently the support vessel Caballo Marango is being equipped with a Liebherr heavy lift crane, type BOS 35000, in the port of Rostock. The overload test has now been carried out and the offshore crane successfully lifted 1,100 t which is 110 per cent of its maximum lifting capacity. The …

The Gazprom Management Committee Chairman Alexey Miller approved the Company’s Comprehensive Cost Optimization Plan for 2013. The document contains a comprehensive list of special-purpose measures aimed at reducing investment, operational and administrative costs of the Company, as well as provides for rigid control over expenditures and the implementation of the …

Eurasia Drilling expects sales to grow 12.5 percent to $3.6 billion this year as the largest Russian oil driller boosts lucrative “horizontal” projects. “The main reason is horizontal drilling, which should be up substantially,” Chief Financial Officer Richard Anderson said today by phone from Moscow. “The wells cost more.” Total …