Gazprom Neft signs Memorandum of Cooperation with Saudi Aramco
Gazprom Neft has signed a Memorandum of Cooperation with Saudi Aramco, the national oil company of Saudi Arabia, to extend their partnership in oil and gas industry. Signatories to the document were Alexander Dyukov, CEO of Gazprom Neft, and Amin H. Nasser, President and CEO, Saudi Aramco. Cooperation between Gazprom Neft and Saudi Aramco envisages collaboration in various …
Caspian Sunrise: BNG Contact Area Shallow and Deep Wells on Course
Caspian Sunrise PLC (formerly Roxi Petroleum plc) (“Caspian Sunrise”), the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news from its BNG Contract Area. Background Caspian Sunrise has a 99% interest in the BNG Contract Area, which is located in …
Tethys Aral Gas: Continues Akkulka Project Development
Approval Received for Continuation of Oil Production The Company’s subsidiary Tethys Aral Gas LLP (“TAG”) was recently notified by the competent authority in Kazakhstan of its approval of the continuation of the Company’s Akkulka Oil Field Pilot Production Project (the “Project”) from January 1, 2018 to March 10, 2019. This …
PetroNeft: H1 2017 Interim Results
PetroNeft (AIM: PTR) an oil and gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to report its results for the 6 months ended 30 June 2017. Highlights Gross production from Licence 61 in H1 …
Urals Energy: 1H 2017 Results – Gross Profit Up 22%
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to announce its half-year results for the six months ended 30 June 2017. Operational highlights · Total production at Arcticneft during the period reached 186,831 barrels, including production of 55,691 barrels from Arctic Oil Company …
KDR Well Engineering 2017: Improving Economics Across the Whole Life Cycle of the Well
The third KDR Well Engineering event was held on September the 21st 2017, at the Palace of Independence in Astana. The main purpose of the event is to exchange experience and technical solutions amongst oil and gas department heads and leading drilling, completion, stimulation and EOR specialists. THE KDR opened …
Tatneft: Unveils Well 29 Novo-Elkhovsky Discovery Monument
The unveiling of the monument to well No. 29, which was a discovery well of the largest Novo-Elkhovsky oil field: the second-largest deposit of the Republic of Tatarstan, took place at TATNEFT Company. The ceremonial event took place with the participation of the TATNEFT Company’s management headed by General Director …
Zoltav Resources: 2017 1H Results – Production Down 10%, Revenues Up 33%
Zoltav (AIM: ZOL), the Russia-focused oil and gas exploration and production company, announces results for the six months ended 30 June 2017. The full report is available to download from the Investor Relations section of the Company’s website at www.zoltav.com. Financial Highlights · Zoltav delivered a 33% increase in net …
KazMunaiGas Exploration & Production: Dauren Karabayev Elected to the Broard
JSC KazMunaiGas Exploration Production (“KMG EP” or the “Company”) held its regular Board of Directors meeting. During this meeting, Mr. Dauren Karabayev was elected as the Chairman of the Board, replacing Mr. Igor Goncharov, who has elected to leave JSC “National Company “KazMunaiGas” (“KMG NC”). Mr. Dauren Karabayev is an …
Gazpromneft-Noyabrskneftegaz: Brings the Otdelnoye Field Into Commecial Production
Gazprom Neft subsidiary Gazpromneft-Noyabrskneftegaz has brought its Otdelnoye field located in the northern part of the Surgut District of the Khanty-Mansiysk Autonomous Okrug-Yugra, 70 kilometres from Novosibirsk into commercial production. Two production wells are currently in operation at the field, with total production running at 170 tonnes per day. Extensive …