Blue Water Shipping: Well Equipped For The Future
Blue Water Shipping experienced a significant growth in 2013 and for our clients, the bigger and stronger organisation means even better service and flexibility During the recent 3-4 years, Blue Water Shipping has seen a significant development in the entire organisation and the positive development continued in 2013 with the …
The Kara-Winter-2014 Ice Expedition Has Finished Field Studies in the Arctic Ocean
The Kara-Winter-2014 Ice Expedition organized by the Arctic Research and Design Center (a joint venture of Rosneft and ExxonMobil) with expert support from the Arctic and Antarctic Research Institute Federal State Budget Institution was successfully finished. It has become the largest expedition in the Arctic Ocean since the USSR collapse. …
Lukoil: Cuts Teeth at Vladimir Brib Diamond Field
Vladimir Putin, President of the Russian Federation, and Vagit Alekperov, OAO LUKOIL President, participated in a festive celebration today dedicated to the commissioning of a mining and concentration complex at the Vladimir Grib field. The V.Grib field development project is among the higher priority investment projects, approved by the RF President, …
Arctic Technology Conference 2015 to be Held on 23-25 of March in Copenhagen
The Arctic Technology Conference (ATC) 2015 makes a move to Copenhagen, Denmark, for its fourth conference, building on the highly successful conferences held in Houston, Texas. ATC 2015 will provide easier access for European and Asian Arctic practitioners, while still allowing easy access from North America. This will create an …
Lithuania Fines Gazprom $48m USD For Anti-Competitive Behaviour
Lithuania’s competition authority has fined Russia’s Gazprom a record 123 million Lithuanian litas ($48 million), saying that the company had prevented competition in the Baltic state reported Reuters. * Fine is highest ever imposed by the Lithuanian watchdog * Gazprom is Lithuania’s sole supplier of natural gas * Company also …
Shelton Petroleum AB: Independent Fairness Opinion on Shelton Petroleum’s Settlement Proposal
The Board of Directors of Shelton Petroleum has assigned Birger Jarl Fondkommission to provide a fairness opinion on the share swap to dissolve the cross-ownership with Petrogrand. The fairness opinion states that the proposal is fair from a financial point of view. Shelton Petroleum has presented a settlement proposal that …
Max Petroleum: Zhana Makat Well Strikes Oil and Zhanros Drilling On The Move
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the ZMA-E7 development well in the Zhana Makat Field has successfully reached a total vertical depth of 997 metres, encountering hydrocarbons in Jurassic sandstone reservoirs in line with expectations. The Company …
Ruspetro Spuds Second Horizontal
Ruspetro plc is pleased to announce that it has spudded its second horizontal well (number 251) from Pad 23b having completed drilling of the horizontal section of the first well, number 214. Production from well 251 is expected in August 2014. Well 214 is currently being completed with first production …
Shelton Petroleum AB: Board of Directors Recommends Not to Accept Petrogrand’s Offer
On 21 March 2014 Petrogrand announced a public cash offer to acquire all shares of series A at a price of SEK 18.6 per share, all shares of series B at a price of SEK 18.6 per share, all convertible bonds of series 2013/2014 at a price of SEK 17.5 …
Polarcus: Mobilizes for Fedynsky in the Russian Arctic
Polarcus, in collaboration with Russia’s Dalmorneftegeophysica (“DMNG”), has mobilized for the 3,000 sq. km high-density broadband Fedynsky 3D survey in the Russian Barents Sea. Polarcus Nadia departed Kirkenes, Norway, on 07 June for the project area. This project forms part of the Company’s existing backlog that has been previously announced …