Eurasia Journal News

Rosneft and Petrovietnam Leaders Visit Rosneft Operated Exploration Drilling Rig

Rosneft Chairman of the Management Board Igor Sechin and Petrovietnam’s President & CEO Nguyen Vu Truong Son made a visit to Rosneft operated Lan Tay production platform and exploration drilling rig in Block 06.1 offshore Vietnam. Rosneft is the operator of the Block 06.1 asset with participating interest of 35%, …

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Eurasia Journal News

Petrosibir: February 2016 Production

Production report for February 2016 The table below summarizes the production broken down by region. * On 16 December 2015 Petrosibir acquired its 49% share of the Komi operations. The tables for the full year 2015 therefore only include 16 days of production from Komi. The average daily production for …

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Eurasia Journal News

Gazprom Neft: Launches New and Improved Drilling Support Centre

Following full refurbishment and re-equipment, the Gazprom Neft Drilling Support Centre (part of the company’s Joint Scientific and Research Centre and responsible for round-the-clock monitoring of the company’s most high-tech wells) is now operational, with the facility’s official opening attended by Gazprom PJSC Chairman of the Management Committee Alexey Miller. …

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Eurasia Journal News

ONGC Videsh and India Oil Corporation: In Talks to Increase Stake in Vankorneft to 49.9%

ONGC Videsh along with Indian Oil Corporation (IOC), Oil India and Bharat Petroleum is in talks to buy about 35 per cent additional stake in Russia’s Vankor oil field in Siberia for close to dollar 3 billion. OVL, the overseas arm of the state-owned Oil and Natural Gas Corp (ONGC), …

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Conference and Exhibition News and UpdatesEurasia Journal News

Rosneft Confirm Full Attendance at the 4th RDCR, Including Roundtable Participation and Panel Moderation

The organizers are pleased to confirm that Rosneft, the biggest oil and gas company in Russia and the world’s largest publicly traded petroleum company, have confirmed that they will be attending the 4th RDCR. Drilling experts from the Rosneft head office will be taking part in the technology roundtable sessions, …

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Eurasia Journal News

Petrosibir AB: 2015 Annual Report

Transition of Petrosibir There have been a number of significant transactions affecting Petrosibir in 2015. In December 2015 Petrosibir distributed the Ukrainian operations to its shareholders and also in December 2015 Petrosibir acquired a 49% interest in certain oil and gas assets in the Russian republic of Komi. Following these …

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Conference and Exhibition News and UpdatesEurasia Journal News

RDCR: Four Weeks To Go Until the Largest Drilling Event in Russia – BOOK NOW!

Derrick Equipment Company and Step Oiltools Confirm Silver Sponsor at the 4th RDCR As a long-time supporter of the RDCR, we are pleased to confirm that Derrick Equipment Company and Step Oiltools attending the 4th RDCR as a Silver Sponsor. Derrick Equipment will be presenting as follows – “Reducing Drilling …

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Eurasia Journal News

Tatneft Almetyevneft: Renat Nugaybekov Appointed General Director

Renat Nugaybekov, who previously held the Director’s position of OOO “TMS Group” Management Company, was appointed Head of “Almetyevneft” Oil and Gas Producing Division of PJSC TATNEFT. Renat Nugaybekov was born on August 16, 1970 in the village of Tumutuk, Aznakaevo area. Education: graduate degree. In 1992 he graduated from …

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Eurasia Journal News

Novatek: Aiming for Yamal LNG Project Financing in 2-3 Months

Russian gas producer Novatek expects its Yamal LNG project to secure external financing in the next 2-3 months, Interfax news agency quoted Leonid Mikhelson, Novatek chief executive, as saying on Wednesday. Western sanctions imposed over Moscow’s role in the Ukraine crisis have made it harder for Novatek to raise funds …

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Eurasia Journal News

Surgutneftegas: January and February 2016 Production Up 5.8% yoy

In January-February 2016, Surgutneftegas produced 10,076.6 thousand tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 1,407.7 thousand tonnes, 5.8% up versus first two months of the last year. In January-February 2016, gas production in Surgutneftegas amounted to about 1,621.3 million …

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