Oil & Gas Operators

“Last year, the processing industry showed a high dynamics and growth of 4.1%. Attracted investments for 1.1 trillion tenge. More than 13 thousand jobs have been created,” said Askar Mamin, noting the need to pay attention to a number of issues. First. Mechanical engineering should be one of the drivers …

Vienna, Austria, 3 April 2019–The price of OPEC basket of fourteen crudes stood at $68.83 a barrel on Tuesday, compared with $68.31 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …

Today, Novatek Gas&Power Asia, a trading subsidiary of PAO NOVATEK (“NOVATEK” and/or the “Company”) announced at the International Conference & Exhibition on Liquefied Natural Gas in Shanghai, that it has signed a non-binding Heads of Agreement for the supply of LNG with Repsol. The Heads of Agreement envisages concluding a …

During the 19th International Conference & Exhibition on Liquefied Natural Gas (“LNG2019”) in Shanghai, Novatek Gas&Power Asia, a trading subsidiary of PAO NOVATEK (“NOVATEK” and/or the “Company”) and Vitol S.A. (“Vitol”) announced signing of Heads of Agreement (“Agreement”) for the supply of LNG. The Agreement envisages concluding a 15-year contract with …

Vienna, Austria, 2 April 2019–The price of OPEC basket of fourteen crudes stood at $68.31 a barrel on Monday, compared with $67.23 the previous Friday, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …

Parker Drilling Company (“Parker” or the “Company”) today announced that its common stock has been approved for listing on the NYSE. Parker expects that the common stock will begin trading on NYSE on or around April 3, 2019. The trading symbol for the common stock is “PKD,” which is the …

Zoltav (AIM: ZOL), the Russia-focused oil and gas exploration and production company, announces the appointment of Tigran Tagvoryan as Chief Executive Officer (non-board) of the Company effective immediately. Mr Tagvoryan joined Zoltav in November 2018, initially as Deputy Chief Executive Officer. He has significant senior level project development, finance, management and …

Sergey Kochkurov is appointed Vice President of PJSC LUKOIL for Technical Services. He previously held the position of Vice President of PJSC LUKOIL and General Director of OOO LUKOIL West-Siberia (wholly-owned subsidiary of PJSC LUKOIL). Vladislav Zubarev, previously First Deputy General Director – Chief Engineer at OOO LUKOIL West-Siberia, succeeds …

Gazprom Neft’s scientific and Technical Center has developed the industry’s first self-training program to optimize costs in the construction of complex horizontal wells. Replication of the development on the assets of the company will reduce the costs of creating new wells by approximately RUB 1 billion and will reduce the …

Vienna, Austria, 1 April 2019–The price of OPEC basket of fourteen crudes stood at $67.23 a barrel on Friday, compared with $66.38 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …