Calfrac Well Services: Pays $0.125 usd Quarterly Dividend
Calfrac Well Services Ltd is pleased to announce that its Board of Directors has declared a dividend pursuant to its quarterly dividend policy. The dividend of $0.125 per common share will be paid on January 15, 2015 to shareholders of record on December 31, 2014. Calfrac is continuing to evaluate its …
DNV GL JIP Urges Natural Gas Industry To ‘Be Ready For Hydrogen’
Transmission and distribution system operators (TSOs and DSOs) in the natural gas sector are under increasing pressure to reduce CO2 emissions and increase access to the natural gas infrastructure for renewable gases. However there are currently no existing guidelines for the preparation of these networks for the injection of hydrogen …
Rosneft: Pobeda Has Recoverable Reserves of 130 mln tons of Oil and 499 bcm of Gas
State commission on reserves confirmed the fact of discovery of the new arctic oil and gas field Pobeda on the Kara sea shelf. The field was discovered as the result of the drilling of the northernmost well in the world – the Universitetskaya-1 well. The expert commission accepted the fact …
Hardbanding Solutions: New Hardbanding Procedure Increases Service Life Of Completion Tubing Connections
A new standard operating procedure for the application of Duraband® NC hardbanding on completion tubing connections has just been released by Hardbanding Solutions by Postle Industries. The upset connections of 2-7/8 and 2-3/8 tubing are experiencing excessive wear in many drilling environments, especially horizontal drilling. This excessive wear is not …
TGS and EMGS Expand Coverage of 3D Electromagnetic Data over the Barents Sea
TGS and Electromagnetic Geoservices ASA (EMGS) have agreed to further expand the Companies’ previous cooperation agreement in the Barents Sea. TGS will partner with EMGS to acquire electromagnetic (EM) data over approximately ten new blocks in the Nordkapp and Tiddly areas. The new 3D EM data will be acquired by …
Max Petroleum: Interim Results – Production Up 17% Cash From Ops Up 187%
Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, today announces its interim results for the six months ended 30 September 2014. HIGHLIGHTS Six months ended 30 September 2014 Six months ended 30 September 2013 % Change Production (bopd) 4,239 3,630 17% Revenue (US$ …
Rosneft: Holds Public Hearings on the Studies of the East-Sibirsky-1 License
Rosneft presented a program of comprehensive geophysical studies on the East-Sibirsky-1 licensed block in the water area of the East-Siberian Sea in the course of public hearings held in Anadyr. During the event, the implementation of the works, measures on environmental protection during exploration as well as equipment and technologies …
Saipem: Yet to Receive Formal Notice of South Stream Cancellation
With reference to the contract for the construction of the South Stream pipeline, Saipem notes the statements made by the Russian authorities and Gazprom’s chairman in the media. Saipem states that it has not received any formal notice of termination of the contract from the client, South Stream Transport BV. …
South Stream: Alexey Miller – "The Project is over."
President Vladimir Putin said Russia scrapped a proposed $45 billion Black Sea pipeline to carry gas to Europe, the latest sign economic ties with the European Union are breaking down as the Ukraine crisis persists. Shelving the South Stream project ensures pipelines through Ukraine will remain vital supply links to …
South Stream: Alexey Miller – “The Project is over.”
President Vladimir Putin said Russia scrapped a proposed $45 billion Black Sea pipeline to carry gas to Europe, the latest sign economic ties with the European Union are breaking down as the Ukraine crisis persists. Shelving the South Stream project ensures pipelines through Ukraine will remain vital supply links to …