2014

RPI, a leading provider of research on the energy sector of Russia, the Caspian region, Central and Eastern Europe, would like to bring to your attention “Kazakhstan’s Oilfield Service Market: Rise in Investment Attractiveness Amid New Realities” research study. Despite the geopolitical tensions and Western sanctions against Russia, Kazakhstan continues …

Schlumberger has announced the release of the 2014 versions of its industry leading software platforms. The Petrel* E&P software platform, Techlog* wellbore software platform, Studio* E&P knowledge environment and Ocean* software development framework enhance multidisciplinary integration, collaboration and productivity. “E&P investment decisions are increasingly driven by digital models that enable …

Aker Solutions today started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets. The company emerges after a spin-off of the Subsea, Umbilicals, Engineering and Maintenance, Modifications and Operations (MMO) businesses of the …

ShawCor Ltd. today announced that its Bredero Shaw pipe coating division has received contracts with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating and other services in connection with the Shah Deniz Stage 2 development project. The contracts are scheduled to be executed from plants …

Rosneft successfully completed the drilling of the northernmost well in the world – the Universitetskaya-1 well in the Arctic. According to the results of the drilling Rosneft has made an oil discovery at the East-Prinovozemelskiy-1 license area. The drilling was completed in record-breaking time – in one and a half …

Sistema JSFC, the largest publicly-traded diversified holding company in Russia and the CIS, notes the movement in the share price and the media coverage regarding restrictions on transactions with the shares of Bashneft OJSC owned by Sistema and CJSC Sistema-Invest imposed by the Moscow Court of Arbitration. The Company is …

During this annual conference, the leading oilfield service companies will discuss today’s status of industry with potential customers. The burning issue of the conference is working practice under modern conditions of the West sanctions and complication of the relations at all; identification of weaknesses and sensitive areas of Russian oil …

PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its results for the 6 months ended 30 June 2014. Highlights: • H1 production average of 2,163 bopd. • Farmout of Licence 61 to Oil India completed, Company is now debt-free. …

A Moscow court ordered wealthy businessman Vladimir Yevtushenkov on Thursday to remain under house arrest until Nov. 16, sending shares in his company Sistema sharply lower in a case that has shocked Russia’s business community and unnerved investors reported Vladimir Soldatkin. * Yevtushenkov to stay under house arrest until Nov. …

A Moscow court ordered wealthy businessman Vladimir Yevtushenkov on Thursday to remain under house arrest until Nov. 16, sending shares in his company Sistema sharply lower in a case that has shocked Russia’s business community and unnerved investors reported Vladimir Soldatkin. * Yevtushenkov to stay under house arrest until Nov. …