C.A.T. oil Achieved All-time High in Job Count, Profitability and Earnings in Q3 2014
C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, successfully continued on its profitable growth track in the third quarter. The Company successfully boosted revenues and achieved a signifi- cant earnings growth despite persisting geopolitical instabilities. C.A.T. oil benefited from positive …
Integra: Wins Tender for Well Logging Services With OJSC RN-Nyaganneftegas
On 24 November, LLC Geophyzservis is part of Integra Group won the tender at the same time for two large OJSC RN-Nyaganneftegas lots for long-term wireline logging and operations in well services A s part of a three-year contract as of 1 January, 2015, until the end of 2017 wireline …
Arctech: Starts Production of the New Icebreaking Multipurpose Supply Vessel
The production of the icebreaking multipurpose supply vessel for Sovcomflot was started with steel cutting on 26 November 2014. The ceremony took place at Vyborg Shipyard, where the blocks of the vessel are produced. The production start was attended by representatives from Sovcomflot, United Shipbuilding Corporation, Russian Maritime Register of …
Russian President Approves Oil Tax Changes
President Vladimir Putin approved changes to a tax law on Tuesday reducing oil export duties and increasing taxes for mineral extraction in a bid to balance the needs of producers and the Russian budget. The changes to the tax law, known as the “tax manoeuvre”, have long been the focus …
Russian President Approves Oil Tax Changes
President Vladimir Putin approved changes to a tax law on Tuesday reducing oil export duties and increasing taxes for mineral extraction in a bid to balance the needs of producers and the Russian budget. The changes to the tax law, known as the “tax manoeuvre”, have long been the focus …
Urals Energy: Receives Tanker Cash, Pays Petraco and is Now Debt Free
The Board of Urals Energy, the independent exploration and production company with operations in Russia, is pleased to announce that it has received the payment from Petraco Oil Company Limited following its recent tanker shipment. Following receipt of the Tanker Payment, Urals Energy has also repaid $3.9 million plus interest …
Blue Water Shipping Signs Contract with KONGSBERG
The contract includes a two-year framework agreement covering international and domestic freight by air, sea and road for all KONGSBERG subsidiaries The global transport and logistics provider Blue Water Shipping has entered into an agreement with KONGSBERG having their headquarters in Norway. During a two-year period, Blue Water Shipping has …
Gazprom Neft: Possible Exclusive Operating Agreement With PetroVietnam on Offshore Dolginskoye Field
Gazprom Neft has signed a number of agreements with Vietnamese companies aimed at developing cooperation between the two countries. The documents were signed in the presence of Russian President Vladimir Putin and the General Secretary of the Communist Party of Vietnam, Nguyen Phu Trong. Alexander Dyukov, Chairman of Gazprom Neft’s …
Gazprom Neft Orenburg: Wins Yagodny License Area, Including the Zemlyanskoye Field
Gazprom Neft Orenburg has been announced as the winner in a recent auction for geological prospecting and E&P rights to the Yagodny licence area in the Orenburg Oblast. Covering 500 square kilometres in total, the licence area includes the Zemlyanskoye field, originally discovered in 1978. Drilling of exploration and prospecting wells, as well as 2D and 3D seismic works, had previously been …
Rosneft: Presented Studies on the West Prinovozemelsky License Block in the Barents Sea
In the course of public hearings in Archangelsk Rosneft presented a program of marine comprehensive engineering and geochemical studies of the West Prinovozemelsky licensed block in the Barents Sea. During the hearings the procedure for implementation of the works as well as environmental management were thoroughly discussed. Participants of hearings …