Rosneft Delegation Held Negotiations in Angola
Rosneft delegation undertook a working visit to the Republic of Angola. The delegation is led by the Company’s Vice-President Andrey Shishkin. During the visit the delegation held negotiations with minister of petroleum José Maria Botelho de Vasconcelos, administration of Ministry of Electricity and Water represented by João Baptista Borges, and …
Rosneft Delegation Led Negotiations in Mozambique
As a follow-up of agreements of 22 April 2014 established during the meeting of Rosneft President Igor Sechin and Minister for Foreign Affairs and Co-operation of the Republic of Mozambique Oldemiro Julio Marques Baloi, Rosneft delegation consisting of a number of field-oriented top managers undertook a working visit to the …
Expro Group: Wins Shah Deniz Subsea Contract
Leading international oilfield services company, Expro, has secured a milestone subsea contract with BP for the Shah Deniz Stage 2 project in the South Caspian Sea, one of Expro’s largest Europe CIS contracts to date. The 5-year contract, worth almost $100m, will see Expro provide completion landing string equipment and …
C.A.T. oil AG: Business model verified – record operational and financial results in FY 2013
C.A.T. oil AG delivered superior operating and financial results in 2013: C.A.T. oil boosted its revenues by more than one fourth yoy to EUR 426.6 million (2012: EUR 336.8 million) and EBITDA by 43.6% yoy to EUR 114.9 million (2012: EUR 80.0 million) as the EBITDA margin widened by 3.1 …
Aker Solutions and Baker Hughes Form Subsea Production Alliance
Aker Solutions ASA and Baker Hughes Incorporated have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for subsea fields. The non-incorporated alliance will combine Aker Solutions’ strengths in subsea production and processing systems with Baker Hughes’ expertise …
Eurasia Drilling Company: Buys Back GDR’s
Eurasia Drilling Company Limited, the leading onshore and offshore drilling service provider in the CIS, announced today that on April 11 and April 18, 2014 a subsidiary of the Company purchased 70,000 of the Company’s Global Depositary Receipts (“GDRs”) at the average price of USD 23.81 per GDR. One GDR …
Dragon Oil: 2014 Interim Management Statement
Interim Management Statement Dragon Oil plc, an international oil and gas exploration, development and production company, today issues its Interim Management Statement in accordance with the EU Transparency Directive. The statement covers the period from 1 January 2014 to date. The financial, production and drilling results data are for the …
Weatherford and CurTran Sign Long-Term Contract for New LiteWire™ Nanotechnology
Weatherford International Ltd. today announced that it has entered into an agreement with CurTran LLC to use, sell, and distribute LiteWire, the first commercial scale production of a carbon nanotube technology in wire and cable form. “With LiteWire products, we gain exclusivity to a revolutionary technology that will greatly add …
Rosneft: Confirms Presentation at UOR, Unconventional Oil Russia Technology Conference
Rosneft have confirmed they will issue at least one presentation at the UOR, Unconventional Oil Russia Technology Conference, to be held on the 14th of May at the Kempinski Baltschug Hotel in Moscow. Following on from the news that they will be sending significant teams to the event, Mr Suleyman Sitdikov, Deputy …
Surgutneftegas: Confirms UOR Presentation and Roundtable Participation
Surgutneftegas have confirmed they will be issuing a presentation in the frac hall at the UOR, Unconventional Oil Russia Technology Conference, to be held on the 14th of May at the Kempinski Baltschug Hotel in Moscow. Fedor Aldakimov, Deputy Chief Geologist – Head of Oilfield Development, will be their representative …