NOVATEK’s Statement With Respect to Being Listed on OFAC’s Sectoral Sanction Identification List
In view of the fact that OAO NOVATEK (“NOVATEK” or the “Company”) has been listed on OFAC’s Sectoral Sanctions Identification List (the “List”), the Company hereby issues the following statement: NOVATEK is a privately listed company not conducitng any business activities in Ukraine, nor does it have any impact on …
Rosneft Chosen the Only Fuel Supplier for EMERCOM for 2 Years
According to the command of Russian Federation Government, NK Rosneft and its subsidiaries have been chosen the only fuel suppliers of motor and aviation fuel for Russian EMERCOM for 2 years. Rosneft will supply fuel for use of State EMERCOM Fire-Fighting Service by means of rail transport at the territory …
SPE Russian Oil & Gas 2014 Focusing on ‘Sustaining and Optimising Production; Challenging the Limits with Technology”
Visit the Exhibition on 14-16 October at the All-Russian Center in Moscow to see the latest exploration and production technologies and solutions from over 100 exhibitors. Alongside the industry elites such as Rosneft, Halliburton and TatNeft confirmed as exhibitors and sponsors this year, there are a host of small and …
Roxi Petroleum: Exercises Share Options
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, announces that following the exercise of options 125,000 new shares (“Option Shares”) have been issued. Roxi will apply for these 125,000 Option Shares to be admitted to trading on AIM and it is anticipated that trading in …
Eurasia Drilling Company Continues GDR Repurchase Program
Eurasia Drilling Company Limited, the leading onshore and offshore drilling service provider in the CIS, announced today that on July 8, 2014 a subsidiary of the Company purchased 85,000 of the Company’s Global Depositary Receipts at the price of USD 31.53 per GDR. One GDR represents one ordinary share in …
Adamant Ventures Announces That Ewen Ainsworth And Meb Somani Have Joined Its Investment Team Based In London
Adamant Ventures is delighted to announce that Ewen Ainsworth and Meb Somani have joined its investment team. Ewen Ainsworth Ewen Ainsworth formerly served as the Chief Financial Officer for Gulf Keystone Petroleum from January 2008 through to June 2014 and was a key member of the management team responsible for …
Rosneft, HRT and Petrobras Agreed to Study the Possibility of Gas Monetization in the Solimões Basin
Rosneft President, Chairman of the Managing Board Igor Sechin, HRT CEO Milton Franke and Petrobras Director of Gas and Energy Jose Alcides Santoro Martins signed a Memorandum of Understanding on cooperation to study development schemes for a joint monetization of gas in the Solimões Project in the Amazon region. The …
Rosneft Brasil and HRT Received ANP Approval for the Solimoes Project Transaction
Rosneft Brasil (Rosneft subsidiary) and HRT O&G (HRT subsidiary) received approval by the Brazilian National Petroleum, Natural Gas and Biofuels Agency (ANP) for the Rosneft Brasil transaction to acquire additional 6% in the Solimoes project. Under the agreement the completion of the purchase and transaction between HRTO&G and Rosneft Brasil …
Weatherford: Confirms Rig Operation Sales to Rosneft for $500m USD Cash
Weatherford International plc entered into agreements with Rosneft for the sale of the Company’s land drilling and workover operations in Russia and Venezuela. The consideration is $500 million in cash. The Russian rig operations include 61 land drilling crews and a fleet of workover rigs, essentially pulling units while the Venezuela operations include 6 land drilling rigs. The …
Surgutneftegas Operating Results for April 2014
In April 2014, Surgutneftegas produced 5,038.7 thousand tonnes of crude oil.Within April of the current year, crude output in the Republic of Sakha (Yakutia) reached 617 thousand tonnes, a 6% increase from the same period last year. In April 2014, gas production amounted to 784,866.7 thousand cubic meters.In-house drilling in April …