RDCR 2017: Have you Registered for Russia’s Largest Drilling and Completions Forum? Time is Running Out, 9 Days To Go!!
That’s right, only 9 days remain to Russia’s largest pure drilling and completions focused event! With limited delegate tickets and only one speaking position remaining, these last few slots will be SOLD OUT very shortly. Make sure you are not left out in the cold tundra and click on the …
Rosneft: Spins Bit at Tsentralno-Olginskaya-1 in the Northernmost Russian Arctic Shelf
Rosneft started drilling of the Tsentralno-Olginskaya-1 well at the Khatangsky license area. The well is the northernmost at the Russian Arctic shelf. President of Russia Vladimir Putin launched exploration drilling via video link-up with Rosneft Chief Executive Officer Igor Sechin who was on the shore of the Khatanga bay. In …
Tethys Petroleum: 2016 Results and Outlook
Tethys Petroleum Limited today announced its Annual Results for the year ended December 31, 2016. Corporate Highlights – 2016 Conversion of USD6.3m of loans by Olisol Petroleum Limited (together with Olisol Investments Limited “Olisol”) into ordinary shares of Tethys at USD0.10 per share; Binding Amended and Restated Investment Agreement entered …
Petroneft: Well S-374 Proves Disappointing, India Oil To Finance S-375
PetroNeft an oil and gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to announce that it has reached agreement with Oil India, its partner on License 61, for the 2017 work programme. Following the disappointing result …
Rosneft and Lamor Corporation Agree on Cooperation in Russian Spill Response Equipment Manufacturing
Rosneft and the Finnish company Lamor Corporation Ab signed an Agreement on the Main Principles of Cooperation at the IV International Arctic Forum “Arctic:Territory of Dialogue” in Arkhangelsk. The companies will study the prospects of localizing the production of oil spill response (OSR) equipment and machinery for arctic region in Russia. …
Urals Energy: Drilling and Field Activity Update
The Board of Urals Energy, the independent exploration and production company with operations in Russia, is pleased to provide the following operational update: Kolguev Island Oil production in the first quarter of 2017 has been averaging approximately 1,110 bbls/day, compared with an average of approximately 1,050 bbls/day in the last …
RDCR 2017: Have you Registered for Russia’s Largest Drilling and Completions Forum?
Two Weeks to go! There are two weeks remaining for you to register Russia’s largest gathering of Drilling and Completion department heads and experts at the RDCR! REGISTER HERE LUKOIL Confirms Presentions LUKOIL have confirmed that they will present twice at the RDCR: Presentations: LUKOIL: Construction of TAML5 Offshore Multilateral …
Rosneft: Disappointed by EU Court of Justice Decision on European Sanction Legitimacy
Rosneft considers the decision of the EU Court of Justice, delivered on the 28th of March, 2017, illegal, groundless and politicized. This decision proves that in Europe the rule of law is being substituted with the rule of politics. The Court has recognized the legitimacy of sanctions, although the participants …
Gazprom and National Iranian Oil Company Sign Memorandum of Understanding
Gazprom and National Iranian Oil Company signed a Memorandum of Understanding in Moscow today. The signing ceremony took place in the presence of Vladimir Putin, President of the Russian Federation, and Hassan Rouhani, President of the Islamic Republic of Iran. In accordance with the document, the parties will examine the avenues for cooperation in the field of hydrocarbon prospecting, exploration and …
Tethys Petroleum: Great Wall Drilling Wins $6m Tender for 10 Shallow Wells
Tethys Petroleum Limited today announces that Great Wall Drilling Company was the winner of a tender for a ten well shallow gas well drilling program. Tethys now has ten (10) days to sign a contract with Great Wall, the cost of which drilling is expected to be approximately $6 million …