KMG EP Announces Changes in its Management Board
Astana, 30 June 2017. KazMunaiGas Exploration Production JSC (“KMG EP” or the “Company”) announces changes in the Management Board. The Board of Directors has appointed Kuanyshbay Nurgaliyev, Managing Director for Operations and Field Development, and Bekmurat Naizabekov, Managing Director for Marketing, Purchase and Sales of Oil. They replace Dauletzhan Khassanov …
PetroNeft Final Results 2016
PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its final results for the year ended 31 December 2016. In addition, PetroNeft announces that the Company’s Annual Report and Accounts for 2016 and Notice of the 2017 AGM will be mailed to …
3rd KDR, with an Expanded Well Engineering Focus, Confirmed for the 21st September in Astana
The organisers are proud to announce that the 3rd KDR will be taking place in Astana at the Palace of Indendence on the 21st September 2017. Following discussions with the forum’s Advisory Board, and listening to the feedback from the 2nd KDR, the 2017 forum has been expanded to include …
Gazprom Generates Positive Free Cash Flow for Eleventh Consecutive Year
The Gazprom’s Financial and Economic Policy Press Conference was held at the Company’s office in Moscow today in the lead-up to the annual General Shareholders Meeting. The Press Conference featured Andrey Kruglov, Deputy Chairman of the Management Committee, Elena Vasilieva, Deputy Chairwoman of the Management Committee and Chief Accountant, Alexander Ivannikov, Karen Oganyan, and Vitaly Khatkov, Heads of Departments, and Mikhail Rosseev, Deputy Chief Accountant. It was …
TATNEFT and Schneider Electric have Signed a Cooperation Intent Agreement
Nail Maganov, General Director of TATNEFT, and Johan Roger S. Vanderplaetse, General Director of Schneider Electric, put their signatures under the document at the meeting of the Board of Directors of JSC Tatneftekhiminvest Holding in the presence of Rustam Minnikhanov, President of the Republic of Tatarstan. The agreement provides for …
Tethys Petroleum: EGM Delayed As Oilsol Fails to Provide Director Info
Tethys Petroleum Limited (“Tethys” or the “Company”) (TSX:TPL) HEREBY GIVES NOTICE THAT the extraordinary general meeting (the “Meeting”) of the holders of ordinary shares of the Company which the Company previously announced would be held at the offices of Borden Ladner Gervais LLP, Bay Adelaide Centre, East Tower, 22 Adelaide …
RDCR 2017 Operator Awards: Halliburton – Service Company of the Year
The 2017 Russian Drilling Roundtable (RDCR) has named Halliburton its Service Company of the Year. Now in its fifth year, the RDCR is a unique gathering of drilling professionals from leading drilling contractors and regional operators. Participants interact with Russian and international suppliers of rig and drilling equipment, exchanging information …
Karachaganak: Expansion Costs Halved
The estimated cost of a project to boost output at the Karachaganak gas condensate field in Kazakhstan has been halved from last year’s $9 billion, a senior Kazakh energy official said on Friday. The cost may be reduced even further, said Murat Zhurebekov, chief executive of PSA LLC, a unit …
SOCAR: Signs MOU for the Eurasia Project
Azerbaijan’s state oil company SOCAR, along with other interested companies, signed a memorandum of understanding (MoU) on implementation of the Eurasia project, which envisages development of the Caspian Depression in Kazakhstan. The memorandum was also signed by KMG Eurasia LLP, Agip Caspian Sea B.V., RN-Exploration LLC, CNPC International Ltd., and …
Eni: To Form Joint Operating Copany with JSC NC KMG for the Isatay Block
JSC KazMunayGas (KMG) Chief Executive Officer, Sauat Mynbayev and Eni’s CEO, Claudio Descalzi signed an agreement today at the Foreign Investors’ Council in Astana. The agreement renews the conditions for the transfer to Eni of 50% of the subsoil use rights in the Isatay block, located in the Caspian Sea, …