Digitalisation Becoming a New Business Area for Gazprom Neft
Gazprom Neft has confirmed the digital transformation of its business as a priority area of focus, with the creation of a new “Digital Transformation Directorate”, to be headed by Andrei Belevtsev as Chief Digital Officer (CDO*). The key objective of the Digital Transformation Directorate will be to create a single and inclusive system covering the company’s full digital strategy, directed at game-changing improvements to the operational …
Eurotek-Yugra: Wins Karabashsky Exploration Zone
Gazprom Neft has been confirmed as the winner of Rosnedra subsoil licensing rounds for six blocks in the Karabashsky exploration zone, located in the Khanty-Mansi Autonomous Okrug. The company has a presence in this region through Evrotek-Yugra, its joint venture with Spain’s Repsol, which holds subsoil usage rights to two …
Novatek: Q1 Results 2018
PAO NOVATEK reported today preliminary operating data for the first quarter 2018. In the first quarter 2018, NOVATEK’s hydrocarbons production totaled 132.5million barrels of oil equivalent (boe), including 16.51 billion cubic meters (bcm) of natural gas and 2,936 thousand tons of liquids (gas condensate and crude oil), resulting in an …
Condor Petroleum: Kazakh Ministry of Energy Appeals Zharkamys Ruling to the Court of Appeal
Condor Petroleum Inc., a Canadian based oil and gas company focused on production and exploration activities in Turkey and Kazakhstan provides an update on the extension of the Zharkamys exploration contract (“Zharkamys Contract”). As disclosed on March 1, 2018, the Company received a favorable Kazakhstan Civil Court (“Civil Court”) ruling …
RDCR 2018 – Delegate List & Agenda
The RDCR 2018 has the more operator presentations (14!) and more delegates registered with a week to go (340) than in any previous year. As the organizing company, we strive to improve the forum every year and the increase in both operator content and delegate numbers is a credit to …
Hardbanding Solutions: Celebrates 10 Years of Working in Russia
2018 marks ten years since Hardbanding Solutions Europe made our first trip to Russia and Duraband NC was first used in the country. Since then, the use of hardbanding has grown at a phenomenal rate, as the percentage of directional drilling has increased and protection of the drill string has …
KPO: Edwin Blom Replaces Renato Maroli as General Director
Karachaganak Petroleum Operating B.V. (KPO) announced today two senior management appointments. Edwin Blom takes over from Renato Maroli as the new General Director, whilst Gennaro Zuccaro steps in as the new Operations Director and Deputy General Director having replaced Andrew Wiper. “I would like to welcome the new General Director …
RussNeft: Uses Plug & Perf at the Tagrinskoye Field
The Plug & Perf technology has a significant advantage compared to the introduced analogues which opens new opportunities for hard-to-recover resources development. The main advantages of the Plug & Perf technology are: possibility to perform multi-phased hydro fracking at any intervals; number of phases may be any and multiple; possibility …
Zoltav: Shareholders Loan $12m to further Develop the Bortovoy Licence
Zoltav (AIM: ZOL), the Russia-focused oil and gas exploration and production company, provides an update on financing for the ongoing exploration programme to assess the resource potential of the Carbonian and Devonian structures in the Western Fields of the Bortovoy Licence, Saratov. As previously stated, Zoltav believes there is potential to …
Rosneft Opened an Office in Qatar
Rosneft has opened an office of the International center for research and development in Qatar, which will become a full-scale representative office of the Company, performing along with scientific and technical activities also functions to promote various business areas of the Company in the region. The agreement to open the …