Oil & Gas Operators

Karachaganak: 20 Years Young!

Karachaganak Petroleum Operating Company (KPO) celebrates the 20th Anniversary of the signing of the Karachaganak Final Production Sharing Agreement (FPSA). Celebration festivities were staged today at the regional Kazakh drama theatre bringing together dignitaries, Karachaganak veterans, representatives of republican and local authorities, KPO Partner Companies, community leaders and media. Two …

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Oil & Gas Operators

Gazprom Neft: Partners Up for Big Data Solutions for Seismic Data Processing and Interpretation

Specialists from the Gazprom Neft Science and Technology Centre, in partnership with Yandex Terra (Seismotech, Ltd), Pangea PJSC and the Moscow Institute of Physics and Technology (MIPT) are developing Russia’s first Big Data, integrated platform for the processing and interpretation of seismic data, supporting the entire seismic-survey cycle, from objective setting to project completion. Multiple programmes are required in delivering …

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Oil & Gas Operators

Rosneft: Continues Looking to India – Sechin Meets with Prime Minister Narendra Modi

As part of CERAWeek international gathering of energy industry leaders held in New Delhi, Rosneft Chief Executive Officer Igor Sechin and the Prime Minister of India Narendra Modi discussed the prospects of further cooperation between Rosneft and its Indian partners as well as creating favorable conditions for development of Rosneft …

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Oil & Gas Operators

Tendeka becomes First Independent Service Company to Win Multi-million-pound Lower Completion Contract in Middle East

Tendeka, a global leader in advanced completions and production optimisation, has been awarded a project to supply the Kuwait Oil Company (KOC) with its Inflow Control Device (ICD) technology which will enhance production through more effective reservoir management. The multi-million-pound deal will involve Tendeka installing Advanced ICD equipment in 55 …

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Oil & Gas Operators

Delegation From Uzbekistan Visited TATNEFT’s Enterprises in Nizhnekamsk

A delegation of the Republic of Uzbekistan headed by Deputy Prime Minister Gulomzhon Ibragimov visited the enterprises of the Nizhnekamsk sector of TATNEFT: JSC TANECO and the tire manufacturing complex of the Company on October 11 within the framework of the working visit to the Republic of Tatarstan. The delegation …

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Oil & Gas Operators

Gazprom Neft Discovers New Offshore Field in Okhotsk Sea

Gazpromneft-Sakhalin, a subsidiary of Gazprom Neft (the “Company”), has completed drilling of a prospecting and appraisal well at its Ayashsky licence block, located on the continental shelf of the Okhotsk Sea. As a result, a new hydrocarbon field has been discovered, with initial in-place reserves estimated at 255 million tonnes …

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Oil & Gas Operators

Zoltav Resources: Challenging Geology Affecting Drilling Program

Zoltav, the Russia-focused oil and gas exploration and production company, provides an update on operations on the Bortovoy Licence, Saratov. In Zoltav’s half-year report published on 26 September 2017, the Company stated that it was re-evaluating the forward drilling programme for the Permian Basin in the Western Fields in order …

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Oil & Gas Operators

Gazprom and Saudi Aramco Sign Memorandum of Understanding

Viktor Zubkov, Chairman of the Gazprom Board of Directors, and Amin H. Nasser, President and CEO of Saudi Arabian Oil Company, signed in Moscow a Memorandum of Understanding for international cooperation in the gas sector. The signing ceremony took place on the margins of the official visit to Russia by Salman bin Abdulaziz Al Saud, King of Saudi Arabia. The document reflects the intention …

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Oil & Gas Operators

Tatneft Drilled 554 Wells During Nine Months of 2017

Enterprises of the TATNEFT Croup of Companies produced 21,664.9 thousand tonnes of crude during nine, which was 555 thousand tonnes more than the figure for the similar period of the previous year (102.6 percent). The PJSC TATNEFT’s production amounted 21,399.9 thousand tonnes (+ 549 thousand tonnes; 102.6 percent). The Company’s …

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Oil & Gas Operators

Gazprom and KazMunayGas ink Roadmap to create gas processing JV

Valery Golubev, Deputy Chairman of the Gazprom Management Committee, and Oryn Muratuly Sultanov, Senior Vice President for Major Non-Operating Assets and Offshore Projects of KazMunayGas, today signed a Roadmap at the 7th St. Petersburg International Gas Forum. The document is aimed at setting up a joint Russian-Kazakhstani venture. According to the Roadmap, the parties will create a working group and …

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