
Gazprom to Expand use of High-Tech Products Made in Tula Region
Alexey Miller, Chairman of the Management Committee of Gazprom, and Alexey Dyumin, Governor of the Tula Region, signed today at the St. Petersburg International Economic Forum 2017 a Roadmap for a wider use of high-tech products, including import-substituting ones, manufactured by the Tula Region’s companies in the interests of Gazprom. The document envisages that the region’s manufacturing and research entities will prepare …

Gazprom and Russian Ministry of Industry and Trade Agree to Cooperate in Creating Domestic Subsea Production Systems
Alexey Miller, Chairman of the Management Committee of Gazprom, and Denis Manturov, Minister of Industry and Trade of the Russian Federation, today signed at the St. Petersburg International Economic Forum 2017 an agreement to cooperate in creating domestic subsea production systems. The agreement envisages efforts aimed at developing the capacities of Russian engineering and shipbuilding companies in terms of producing import-substituting equipment …

Baker Hughes and GE Announce Executive Leadership Team for Baker Hughes, a GE Company
Baker Hughes Incorporated and General Electric Company (NYSE:GE) today announced the executive team that will lead Baker Hughes, a GE Company upon closing of their proposed transaction to combine GE’s Oil & Gas business with Baker Hughes. The combined executive team, which has considerable experience, deep expertise and will drive …

Gazprom Neft: Signs Technology Cooperation Agreement With Weatherford
Vadim Yakovlev, the First Deputy General Director of “Gazprom Neft” and Lance Marklinger, President of Global Sales for Weatherford International plc, signed a technology cooperation agreement at the St. Petersburg International Economic Forum. The agreement is valid for five years and is intended to further develop current business relationships and …

Gazprom Neft to use Technology from Nabors Drilling International Ltd in Russia
Vadim Yakovlev, First Deputy CEO, Gazprom Neft, and John Gass, Vice President, Nabors Drilling International Ltd, have signed a Memorandum of Understanding at this year’s St Petersburg International Economic Forum. The document confirms both companies’ mutual interest in investigating long-term collaboration on projects in the oil and gas industry in the Russian Federation. The agreement involves, in particular, Nabors …

Gazprom Neft Signs Strategic Partnership Agreement with Siemens
Gazprom Neft and Siemens AG have signed a Strategic Partnership Agreement at this year’s St Petersburg International Economic Forum, with the document being signed by Gazprom Neft CEO and Chairman of the Management Board Alexander Dyukov and Siemens AG President Joe Kaeser. The parties intend to cooperate in energy, production, transportation, refining , and developing the Russian continental shelf. They will also …

Shah Deniz 2: Top Sides Set Sail
The Shah Deniz consortium are pleased to announce the sail away of the first topsides unit built for the Shah Deniz Stage 2 platforms. The official sail away ceremony, held in Baku today, was attended by H.E. President Ilham Aliyev of the Republic of Azerbaijan. The Quarters and Utilities (QU) …

Gazprom’s Financial Information Under International Financial Reporting Standards (IFRS) for the Three Months Ended March 31, 2017
Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the three months ended March 31, 2017. The table below presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS for the three months …

Shell Completes Divestment of Oil sands Interests in Canada
Royal Dutch Shell plc today announces the completion of two previously announced agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources (“Shell”) that will see Shell sell all its in-situ and undeveloped oil sands interests in Canada and reduce its share in the Athabasca Oil Sands Project …

Caspian Sunrise: Completes Baverstock Gmbh Merger
Caspian Sunrise, the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to announce the completion of the merger with Baverstock GmbH, (“Baverstock”). The final condition of the merger was satisfied this morning being the admittance to trading on AIM of the 651,436,544 merger shares (“Baverstock …