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 “Future of Russian O&G Engineering Services Market: Outlook to 2025” research study. A decline in hydrocarbon production in Russia’s conventional oil and gas regions causes the need …

Shelton Petroleum’s total oil production in August 2014 amounted to 26,500 barrels, equivalent to 855 barrels per day. The table below summarizes the production broken down by oil field. Aug2014 Aug2013 Jan-Aug2014 Jan-Aug2013 Jan-Dec 2013 Jan-Dec 2012 Lelyaki 10,070   10,460 85,771 82,065   126,565 119,950 Rustamovskoye  16,430 5,730 134,876 …

Arctic Research and Design Center signed a contract on research work in laboratories of Lomonosov Moscow State University (LMSU). As a result of the research in laboratory of microbial biotechnology and Percov’s White sea biological station, a complex substance, based on bacteria living in low temperatures (psychrophilous microorganisms) must be …

Today Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 “Interim Financial Reporting” (IAS 34) for the three months ended March 31, 2014 Net sales of gas increased by RUB 6,133 million, or 1%, to RUB 909,952 million in the three months …

Strengthened EU sanctions against Russia will enter into force upon the publication of the legal acts in the EU Official Journal on the 12/9/2014. They include the following measures: Restrictions on Russia’s access to EU capital markets have been strengthened. EU nationals and companies may no more provide loans to …

Polskie Górnictwo Naftowe i Gazownictwo SA, PGNiG, reports that natural gas supplies provided under the Yamal Contract at the interconnection points in Drozdovitse (Ukraine), Kondratki (Belarus) and Vysokoye (Belarus) remain inconsistent with the nominations made by the Company. On September 10th 2014, the delivery shortfall was approximately 45%. Under the …

LONDON, UK (GlobalData), 10 September 2014 – Russia’s upstream fiscal regime has undergone key changes in 2014, with a revamped Mineral Extraction Tax (MET) for gas fields and significant incentives introduced for offshore developments, and more important measures affecting oilfields may follow, according to research and consulting firm GlobalData. The …

Preparations for the upcoming conference “Geological Exploration 2014” are gathering momentum. Take part in the only event in Russia, supported by “Rosgeologia” and the Ministry of Natural Resources and Environment of the Russian Federation. SPEAKERS IN 2014:  Sergey Donskoy, Minister of Natural Resources and Ecology of the Russian Federation …

Earlier this year, Blue Water Singapore was awarded the transportation of heavy and bulky rig columns and bracings for a semi-submersible rig from Singapore to Baku, Azerbaijan through the Russian river system. The full heavy-lift vessel “HHL Lagos” loaded four upper and four lower columns and bracings in early August. …

Gazprom Neft and Weatherford today announce the signing of a strategic cooperation agreement that will enable technology collaboration through frequent knowledge and information sharing. The experts of Gazprom Neft and Weatherford will jointly explore opportunities to determine the right technology solutions for the development and production of the oil fields. …