A New Contract Between Management and the Petro-Technical Professional
Henry Edmundson, R9 Energy Consultants David Bamford, Petromall Ltd The continued search for oil and gas relies in equal measure on good management and superior petro-technical expertise. The key, though, is ensuring that the two worlds mesh smoothly and create a working environment that motivates both parties to succeed. …
Ukraine: EU Forms New Sanctions But Delays Their Start To Give Peace a Chance
European Union member states have formally adopted new sanctions on Russia over the Ukraine crisis. The new measures include restrictions on large Russian state-owned oil companies raising money on European financial markets reported the BBC. However, the new measures will come into effect “in the next few days”, not on …
Vikoma: Karen Lucas to Become New General Manager and Director
Leading Oil Pollution and environmental technology company, Vikoma International Limited, has appointed a highly successful industry figure as its new General Manager and Director. Karen Lucas is to take on the role and lead Vikoma’s day-to-day operations alongside the Vikoma Board. Vikoma International, part of Aberdeen head-quartered Energy Environmental Group, …
Polarcus: To Partner with DMNG on Sakhalin 3D Seismic Acquisition
Polarcus Limited is pleased to announce that JSC Dalmorneftegeophysica (“DMNG”), which has a joint cooperation agreement with Polarcus, has entered into a contract for 3D marine seismic acquisition services for a major energy company offshore Sakhalin. The program, requiring two Polarcus A-Class vessels, will commence in Q2 2015 and is …
Dolphin Awarded Industry First Ever 16-streamer Seismic Contract in the Kara Sea
Dolphin Geophysical has been awarded an industry first ever 16-streamer 3D seismic contract for an undisclosed client in the Kara Sea. The contract has a duration of approximately 3 months and will commence in Q2 of 2015. Dolphin will utilise one of the high capacity ice classed 3D seismic vessels …
Roxi Petroleum: Deep Well A5 to be Flow Tested in Q4
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of the deep discovery at its flagship BNG asset plus updates for the shallow wells at BNG and the Deep Well NK-31 at Galaz. Background The BNG …
Rosneft Starts Production on the Northern Tip of Chayvo
Rosneft starts production on the Northern Tip of Chayvo field on the Sakhalin Island. President of Russian Federation Vladimir Putin led the ceremony in a video link from Gorno-Altaysk. Russian Energy Minister Alexander Novak and head of Rosneft Igor Sechin were present on the Sakhalin Island. A new industry record …
Aker Solutions and Baker Hughes Receive Regulatory Approvals for Subsea Production Alliance
Earlier this year, Aker Solutions and Baker Hughes agreed to form an alliance to develop technology for production solutions designed to boost output, increase recovery rates and reduce costs for subsea fields. The alliance combines Aker Solutions’ strengths in subsea production and processing systems with Baker Hughes’ expertise in well …
BP: Statement on Gulf of Mexico
BP strongly disagrees with the decision issued today by the United States District Court for the Eastern District of Louisiana and will immediately appeal to the United States Court of Appeals for the Fifth Circuit. BP believes that the finding that it was grossly negligent with respect to the accident …
Rosneft and Mongolia Signed an Agreement to Arrange the Training of Mongolian Citizens in Rosneft Partner Universities
Rosneft Chairman of the Management Board Igor Sechin and Minister for Education and Science of Mongolia Luvsannyam Gantumur signed an Agreement to arrange the training of citizens of Mongolia in partner universities of Rosneft. The signing ceremony was led by Russian president Vladimir Putin and the president of Mongolia Tsakhiagiin …