Tenaris Awarded Karachaganak Contract and to Open Premium Threading Facility
Tenaris has entered into a long-term agreement with KPO (Karachaganak Petroleum Operating B.V.) for the supply of OCTG, TenarisHydril premium connections and field services for the oil and gas company’s developments in the Karachaganak field, which occupies more than 280 square kilometers of northwest Kazakhstan and has reserves of more than 2.4 billion …
Arctic Research and Design Center To fund Polar Bear Study
The Arctic Research and Design Center (the Rosneft and ExxonMobil JV) and the public organization called The Marine Mammals Council have entered in a research-and-development contract for staging polar bear studies in the areas of potential hydrocarbon development projects. Rosneft pays particular attention to preserving and protecting the polar ecosystems. …
Sakhalin’s Birthday: 125 Years Young
An important date for Sakhalin oil: 125 years ago exactly at the territory of present-day Okhinsky district geologic exploration was performed for the first time in Sakhalin oil and gas industry. Since that moment starts a rich history of Sakhalin hydrocarbons production. Business people knew about the presence of the …
ERIELL Group specialists to have achieved 902 m daily drilling progress
ERIELL Group has achieved significant results at the Beregovoye deposit within the framework of the SIBNEFTEGAZ project. Owing to well-coordinated work, ERIELL specialists succeeded in drilling 902 m in the production string interval within 24 hours. For reference: daily drilling progress of 500 m is already regarded as high performance. …
Roxi Petroleum: Further Deep Well Success at BNG
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of a discovery at its flagship BNG asset. Background The BNG Contract Area is located in the west of Kazakhstan 40 kilometres southeast of Tengiz on the edge of …
Tatneft: Operating Figures For the First Half of 2014
The amount of 2,155,679 tons of crude oil or 100.4 percent versus June 2013 was produced at JSC TATNEFT, while the production since the beginning of the year amounted to 12, 985,973 tons which was 53,850 tons more than in 2013 (100.4% to the planned amount). The amount of 12,765,565 …
Rosneft Started Geological Exploration in the Barents and Pechora Sea
Rosneft has started field works at five license blocks of the Barents and Pechora Seas: West Prinovozemelsky, located in the North-Eastern part of the Barents sea near the Novaya Zemlya archipelago, Perseevsky, located in the North-Western part of the Barents sea, and at the South Russky, South Prinovozemelsky and West …
Urals Energy: Adler Impex Increases Share Holding And Remains Supportive of the Management Team
Urals Energy PCL, the independent exploration and production company with operations in Russia, announces that it has today received notice from Adler Impex S.A. (“Adler”) that following certain share acquisitions on 3 July 2014 it now holds 112,561,386 shares in the Company representing 44.59% of the current issued share capital. Adler …
Tethys Petroleum: On Course to Achieve 3 Fold Gas Production Increase After Latest Test Results
Tethys Petroleum Limited is pleased to announce the test results from AKK17, AKK18, AKK19 and AKK20; the first four shallow gas exploration wells of its 2014 programme. The AKK17, AKK18, AKK19 and AKK20 wells tested at an aggregate rate of approximately 650 Mcm/d (23MMcf/d) from the Tasaran horizon. It is …
Petroneft Resources: Completes Farmout to India Oil and is Now Debt Free
PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to announce the completion of the Licence 61 Farmout to Oil India Limited (“OIL”) · All debt repaid · Drilling to re-commence at Licence 61 this month as part of a fully …