Oil & Gas Operators

Saipem: the Board of Directors Approves the 2022 Consolidated and Draft Statutory Financial Statements, Convening the Annual General Shareholders’ Meeting

2022 preliminary results are confirmed as per the press release of February 27, 2023 Main consolidated results continuing operations: Revenues: €9,980 million Adjusted EBITDA: €595 million EBITDA: €543 million Adjusted EBIT: €150 million EBIT: €98 million Adjusted net result: loss of €139 million Net result: loss of €209 million  Milan, …

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Oil & Gas Operators

Saipem: Rossella Carrara, new Director External Communication and Brand Management

Saipem announces that as of March 14, Rossella Carrara will take on the position of Director of External Communication and Brand Management, reporting directly to CEO Alessandro Puliti, with the responsibility of defining corporate communication strategies and developing the company’s image and reputation. Specifically, Rossella Carrara will coordinate media relations …

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Oil & Gas Operators

Wärtsilä Optimised Maintenance Agreement to Support Operational Performance of National Petroleum Construction Company’s Fleet

The technology group Wärtsilä has signed a five-year Optimised Maintenance Agreement with National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Group (NMDC Group). The agreement covers seven vessels in the NPCC fleet and is designed to maximise operational uptime. It will also provide flexibility in maintenance scheduling, …

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Oil & Gas Operators

Metran Received Special Permission to Acquire the Russian Business of Emerson

On February 21, 2023, Metran received special permission from the President of the Russian Federation to complete a transaction to acquire the Russian business of Emerson. This marks the transition to the final phase of Emerson’s exit from business in Russia. As a reminder, Emerson announced that it has entered …

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Oil & Gas Operators

Alexey Miller and Iranian Ambassador to Russia Kazem Jalali Discuss Energy Cooperation

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Kazem Jalali, Ambassador Extraordinary and Plenipotentiary of the Islamic Republic of Iran to the Russian Federation, took place today. The parties discussed relevant issues pertaining to their energy cooperation. Source

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Oil & Gas Operators

Mikhail Putin Reelected as Gazprom Management Committee Member

The Gazprom Board of Directors held a meeting in absentia. The Board of Directors reelected Mikhail Putin, Deputy Chairman of the Gazprom Management Committee, as a Member of the Gazprom Management Committee for a 5-year period starting from March 23, 2023. Source

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Oil & Gas Operators

United States Oil Production is Expected to Rise in Large Oil and Gas Regions of the Country in March

Oil production in the main oil and gas producing regions of the United States, in which a significant part of the production is shale oil, will rise in March compared to the current month by 75 thousand barrels per day, or 0.8%, to 9.357 million barrels, the Energy Information Administration …

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Oil & Gas Operators

Gazprom Neft and Rosmorport Expand Cooperation on the Decarbonization of Shipping

Gazprom Neft and Rosmorport have entered into a long-term agreement to expand the use of low-carbon marine fuels in the Baltic Sea. The partnership between the two companies provides for regular refueling with liquefied natural gas (LNG) of ships on the St. Petersburg-Kaliningrad ferry line. For the supply of environmentally …

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Oil & Gas Operators

LUKOIL Will Increase Oil Production by 10 Times at a New Site in the Perm Territory

This will be possible thanks to a dense grid of wells and developed infrastructure. LUKOIL-Perm commissioned 4 wells at the Gavrinsky block with a total flow rate of 60 tons of oil per day. The initial recoverable reserves of the recently discovered field in the Kuedinsky district of the Perm …

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Oil & Gas Operators

Gazprom delegation visits Turkmenistan

A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to Turkmenistan today. Working meetings of Alexey Miller with Serdar Berdimuhamedov, President of Turkmenistan, and Gurbanguly Berdimuhamedov, Chairman of the People’s Council (Khalk Maslakhaty) of Turkmenistan, were held in Ashgabat as part of the visit. The meetings addressed the current and prospective cooperation in the gas …

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