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The conference “Supply chain in oil&gas complex” will be held March 18th (NEFTEGAZSNAB-2014)

The ninth annual conference «Supplies in oil&gas complex» (Neftegazsnab-2014) will be held March 18that the InterContinental hotel in Moscow, Tverskaya Str., 22. The venue is going to start with the welcome speech of the Co-chairman of the council of interaction between the oil&gas and industry complexes, a State Duma deputy …

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Shelton Petroleum AB: PR Tennis on Petrogrand Offer Continues

Shelton Petroleum AB publishes a supplement to the prospectus published on 17 February 2014 in connection with Shelton’s public offer to the shareholders of Petrogrand AB.  The supplement to the prospectus has been approved and registered by the Swedish Financial Supervisory Authority. The Supplement has been prepared in connection with: …

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TMK Premium Products Qualified by Kuwait Oil Company

Taganrog Metallurgical Works (TAGMET), a TMK subsidiary, was qualified by Kuwait Oil Company (KOC), one of the Middle East oil majors, as an approved supplier of ТМК UP PF and ТМК UP PF ET premium connections. ТМК UP PF and ТМК UP PF ET represent a professional line of premium …

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Proserv Unveils Game-Changing Technology for Subsea Intelligence

Global-leading energy technology services company Proserv today unveiled a game-changing technology for subsea control and monitoring communications, reinforcing the company’s rapidly-expanding subsea capabilities and world-class engineering expertise. The Artemis 2G (A2G) subsea electronics module is a next generation controls and communications tool that uniquely frees operators from the constraints of …

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Preparations for the XII Moscow International Energy Forum «Russian Fuel and Energy Complex in the XXI Century» Enters Into its Active Phase

The CEO of «Russian Fuel and Energy Complex in the XXI Century» Forum Andrey Epishov has appealed through the website of the Forum for its participants and partners. The aim is to inform registered and potential participants and partners of the Forum about the preparations for the events of the …

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Shelton Petroleum AB: Comments on Petrogrand’s Fairness Opinon

Shelton Petroleum comments on Petrogrand’s fairness opinion. The valuation is based on information that contradicts Petrogrand’s previous assessment of Shelton Petroleum’s reserve base. On 22 January 2014, Shelton Petroleum announced a public offer to the shareholders of Petrogrand. Based on a fairness opinion from an investment bank, the board of …

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Non-Cracking Duraband® NC Hardbanding Shown To Be Ideal For Harsh Drilling Environments

Drilling HPHT, sour gas, highly deviated and geothermal wells can be very hard on hardbanding and drill pipe tool joints. The casing can also show excessive wear in these types of harsh drilling environments. When ordinary hardbanding products are used, which contain cracks, the result is often spalling and chipping …

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Slavneft’s 6+ Corporate Governance Rating Confirmed Again

In January 2014, The Russian Institute of Directors one more time confirmed 6+ corporate governance rating of OAO NGK Slavneft. Such score means developed corporate governance practices under National Corporate Governance Rating (NCGR) scale. Such score has been assigned to OAO NGK Slavneft since 2010 and it certifies that the …

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Uralmashplant Finished Equipment Shipping for “Arctic” Innovative Rig

In accordance with the order of “Uralmash Oil and Gas Equipment Holding” Uralmashplant manufactured drilling rig units for the drilling rig Uralmash 6000/400 ЭК-БМЧ «Arctic». More than 800 t of equipment was manufactured, including guides, right and left frame modules, derrick and automated receiving board module. The drilling rig Uralmash …

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Gazprom Neft: Hydrocarbon Production Up 4.2%

JSC Gazprom Neft has published its consolidated financial results, in accordance with International Financial Reporting Standards for FY 2013. The company’s financial performance in FY2013 as compared to FY2012 was positively affected by an increase in hydrocarbon production volumes and the resulting rise in product sales via premium channels (small …

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