Rosneft and Statoil CEO’s Meet to Discuss Offshore Co-operation
Rosneft President, Chairman of the Management Board Igor Sechin held a working meeting with Statoil ASA CEO Helge Lund in Norway. The parties discussed implementation of the joint projects in Russia’s Barents Sea (Perseyevsky License Area) and the Sea of Okhotsk (Magadan-1, Lisyansky, and Kashevarovsky License Areas). The two noted …
Avo Photonics and Weatherford Develop Downhole Multi-Channel Photometer
Custom opto-electronic design and production specialist Avo Photonics in collaboration with the Wireline R&D optical sensor group at Weatherford International has successfully designed and validated the performance of a downhole multi-channel photometer. The sensor has now completed several field trials and is being volume manufactured by Avo Photonics for Weatherford …
New Heavy Duty Air Operated Hoists Added To J D Neuhaus Range
Following an ongoing programme of development and innovation, the hoist and crane specialist J D Neuhaus have introduced further new models into their EH range of air operated monorail hoists. These powerful, robust units provide reliable solutions for heavy duty lifting in the harshest environments including onshore and offshore, the …
Integra Management Considering Buyout
Integra Group announces that it has received a proposal from certain members of the Integra management team providing the outline terms of an acquisition of Integra through a merger of Integra with a company (“Bidco”) formed by the Participants. The Participants and their affiliates collectively beneficially own directly or indirectly …
Condor Petroleum: Year End Results
Condor Petroleum Inc. is pleased to announce the release of its Consolidated Financial Statements for the year ended December 31, 2013, together with the related Management’s Discussion and Analysis. These documents will be made available under Condor’s profile on SEDAR at www.sedar.com and on the Condor website at www.condorpetroleum.com. All financial amounts in this …
Gazprom Neft’s Board Reviews Agenda and Preparations for the AGM
Gazprom Neft’s Board of Directors has reviewed the Company’s 2013 investment programme and budget. Gazprom Neft’s 2013 investment programme amounted to nearly RUB 219 billion. In 2013, the Company produced 62.3 million tonnes of oil equivalent, 4.3% more than in the previous year. In 2013, the Company switched all of its refineries to …
TMK Ships LD pipe for NOVATEK’s Yurkharovskoye Field
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, has supplied large diameter pipe (LD pipe) for the compressor station at Yurkharovskoye field. The supply included 1,800 tonnes of 1,020 and 1,220 mm K60-grade longitudinal welded LD pipes manufactured at the Volzhsky Pipe …
Shelton Petroleum: Changes Voting and Share Total
In March 2014 the number of B shares in Shelton Petroleum AB changed. A total number of 4,422,841 B shares were issued to those shareholders of Petrogrand AB that accepted Shelton Petroleum’s public offer. Following the issue of shares, the total number of B shares amounts to 16,415,349. The total …
Zoltav Resources: Receives Further $5m USD from ARA Capital
Further to the announcements of 10 June and 4 July 2013, Zoltav Resources, the CIS-focused oil and gas exploration and development company, is pleased to announce that it has received cleared funds of US$5 million from ARA Capital Limited relating to the third tranche of the US$20m subscription entered into …
Shelton Petroleum: Rejects Petrogrand EGM Call and Requests Petrogrand EGM by April the 2nd
Shelton Petroleum provides an update on the extraordinary general meeting in Shelton Petroleum and Petrogrand and the operations in Ukraine Extraordinary general meeting in Petrogrand Shelton Petroleum (Shelton) holds approximately 25 per cent of the shares in Petrogrand. Shelton has in a letter, which was delivered to the board of …