Shelton Petroleum: Maintenance Causes Minor Dip In YOY Monthly Figures for June
Shelton Petroleum’s total oil production in June 2014 amounted to 25,667 barrels, equivalent to 856 barrels per day. The table below summarizes the production broken down by oil field. Jun2014 Jun2013 Jan-Jun2014 Jan-Jun2013 Jan-Dec 2013 Jan-Dec 2012 Lelyaki 10,311 10,600 65,411 60,925 126,565 119,950 Rustamovskoye 15,356 8,260 …
Igor Sechin Held Negotiations in Venezuela
Rosneft President Igor Sechin held talks with the Minister of Popular Power for Oil and Mining and President of Petróleos de Venezuela, SA (PDVSA ), Rafael Ramirez Carreno. The parties discussed a wide range of issues regarding current cooperation between the companies, Rosneft activities in Venezuela and the outlook of …
Rosneft Acquires Oil Field Services from Weatherford International
Rosneft President Igor Sechin and Vice President of Weatherford International plc. for Russia Lance Marklinger signed an agreement for the acquisition of Rosneft land drilling and workover assets of Weatherford in Russia and Venezuela. The agreement envisages the acquisition of 8 companies (part of the Weatherford group) involved in drilling …
Rosneft Representatives Joined the Board of Directors of Pirelli & C. S.p.A.
A previously announced deal of purchasing of 50% share of Camfin, the company holding 26.19% of Pirelli & C. S.p.A. stake is bought in using the funds of pension funds and financial institutions involved on the principles of the project lending with the participation of Rosneft. The share in the …
Proposed Demerger of Aker Solutions – Publication of Information Memorandum – Impairment of Some Future Akastor Assets
The board of directors of Aker Solutions ASA has in accordance with the strategy disclosed April 30 resolved to propose to the company’s shareholders that Aker Solutions be split into two companies. The board has also determined to write down the value of some assets in the Aker Oilfield Services …
7th International Conference «Arctic Development: Step by Step»
Dear Colleagues! We remind you about privileged registration to 7th International Conference «ARCTIC DEVELOPMENT: STEP BY STEP». The Conference will take place in Murmansk on the 18th – 19th of November, 2014 supported by the Government of the Murmansk Region in the framework of the III Murmansk International Business Week. …
Roxi Petroleum: License Extension at Galaz and Could be Converted to a Full Production License in the Future
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of a licence extension and of operational progress at its Galaz asset. Galaz The Galaz block is located in the Kyzylorda Oblast in central Kazakhstan. The Contract Area was extended on …
Teekay LNG: Signs Deal for 6 Icebreaker LNG Carriers for Yamal LNG
Teekay LNG Partners L.P., through a new 50/50 joint venture with China LNG Shipping (Holdings) Limited (China LNG), today announced that it has finalized shipbuilding contracts for six internationally-flagged icebreaker liquefied natural gas (LNG) carriers for the Yamal LNG Project, which is located on the Yamal Peninsula in Northern Russia. Under the agreements, the joint venture …
Novatek: Q2 and H1 Results
OAO NOVATEK reported today preliminary operating data for the second quarter and first half 2014. In the second quarter 2014, NOVATEK’s gross production totaled 15.59 billion cubic meters (bcm) of natural gas and 1,356 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in natural gas …
Lundin Petroleum: Sells Komi Fields to Arawak Energy Russia
Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that it has entered into an agreement with Arawak Energy Russia BV (Arawak), to sell Lundin Petroleum’s entire interests in the Sotchemyu-Talyu and the North Irael Fields, Komi Region, Russia. Lundin Petroleum holds a 50 percent interest in each of the …