2014

The Extraordinary Meeting of Shareholders of Bashneft held today by absentee voting made a decision on the reorganization of the Company through consolidation of CJSC Bashneft-Invest, which had been created through a spinoff from CJSC Sistema-Invest, with Bashneft. The Meeting of Shareholders established the procedure and set out the conditions for the consolidation and approved the Consolidation Agreement In accordance with the …

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Alexander Khoroshavin, Governor of the Sakhalin Region. The meeting noted a significant amount of Gazprom’s investments in the Sakhalin Region –the Company’s capital investment in the Region exceeded RUB 250 billion over …

On 4 February 2014 Igor Sechin, Rosneft President and Chairman of the Management Board and Yasuo Matsuura, President and CEO of Marubeni-Itochu Steel Inc., signed a Memorandum of Understanding. The document envisages a joint study of possibilities for cooperation in implementing of an integrated materials management system and maintenance of …

Threading and Mechanical Key Premium LLC, TMK‘s service and support centre in Abu-Dhabi (the United Arab Emirates), has been certified by Abu Dhabi Company for Offshore Oil Operations (ADCO) to supply oilfield services. This will enable the company to participate in ADCO’s bids as a contractor for threading of premium …

Crude oil and liquids production equaled 4,196 th.bpd (organic growth 1%), gas production reached a record high figure of 38.17 bcm (organic growth 22%). The Company stabilized production of its largest West Siberia assets, including Samotlorneftegaz, Nizhnevartovsk, Varieganneftegaz, and Nyaganneftegaz. The brownfield successes have been primarily driven by employment of …

MS Recon raises standard for high-fidelity microseismic signal recording Schlumberger announced today the introduction of the MS Recon* high-fidelity microseismic surface acquisition system. This new microseismic system for surface and shallow grid microseismic surveys provides improved imaging of the hydraulic fracture geometry by optimizing the microseismic signal quality. “The new …

Rosneft‘s daily hydrocarbon production reached 4.9 mmboe, EBITDA amounted to RUB 947 bln supported by hydrocarbon production growth, increased efficiency and integration of new assets. Crude oil and liquids production equaled 4,196 th.bpd (organic growth 1%), gas production reached a record high figure of 38.17 bcm (organic growth 22%). The …

Highly explosive gases are frequently prevalent in the oil, gas and petrochemical environments. In parts of plants where there is a risk of explosion, it is especially drive systems that must optimally comply with all of the applicable regulations – and must have maximum reliability to optimally protect man, machine …

Halliburton announces the signing of a partnership agreement with Gubkin RussianState University of Oil and Gas for the development of unconventional resources in Russia, including the Bazhenov shale.  A signing ceremony took place on January 30 at the university. As part of the agreement, Halliburton will provide senior technical and …

J D Neuhaus will be exhibiting on stand No F41, at the CeMAT 2014 international exhibition being held on 19th – 23rd May 2014 in Hannover. They are located in hall 27 which is dedicated to Move and Lift equipment, where information on the Neuhaus range of hoists and cranes …