Oil & Gas Operators

Petroneft are pleased to announce that we have spudded the fifth well (Sosnovskaya-35) in a six well program on the Sosnovskoye field, located in Komi. The previous well Sosnovskaya-36, is now being prepared for fraccing which is scheduled to commence within the next few days, along with two of the other …

Crude Oil Production Enterprises of the TATNEFT Croup of Companies produced 2,445.6 thousand tonnes of crude oil in August while the production for the eight months period amounted to 19,258.7 thousand, which was 511 thousand tonnes more than the figure for the similar period of 2016. The PJSC TATNEFT’s production …

During Eastern Economic Forum, Sakhalin Energy Investment Company Ltd. (Sakhalin Energy) and Petrofac Facilities Management Limited (Petrofac) signed a contract for the front-end compression station construction on Sakhalin-2 project onshore processing facility (OPF) on Sakhalin Island.  The project comprises engineering, procurement, offshore fabrication, construction and site services. The scope of …

PetroNeft an oil & 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 provide an update on the S-375 delineation well at Sibkrayevskoye oil field.   Highlights S 375 delineation well and S-375s sidetrack well contain 4.8 …

Oil and gas will be crucial components of the world’s energy future, according to DNV GL’s forecast of the energy transition. While renewable energy will grow its share of the energy mix, oil and gas will account for 44% of world energy supply in 2050, compared to 53% today. Gas …

PJSC LUKOIL released its condensed interim consolidated financial statements as of and for the three and six months ended 30 June 2017 prepared in accordance with International Financial Reporting Standards (IFRS). Financial highlights 2Q 2017 1Q 2017  (bln RUB) 1H 2017 1H 2016 1,359.2 1,431.6   Sales 2,790.8 2,516.6 179.1 207.6   EBITDA 386.7 381.6 …

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Kanat Bozumbayev, Minister of Energy of the Republic of Kazakhstan, took place in Moscow today. The parties addressed the prospects of bilateral cooperation in the gas sector, including, inter alia, Russian and Kazakh gas supplies and issues related to gas transit, processing and marketing. The proven reserves …

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Kanat Bozumbayev, Minister of Energy of the Republic of Kazakhstan, took place in Moscow today. The parties addressed the prospects of bilateral cooperation in the gas sector, including, inter alia, Russian and Kazakh gas supplies and issues related to gas transit, processing and marketing. Source

Today PJSC Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 Interim Financial Reporting (IAS 34) for the six months ended June 30, 2017. The table below presents the unaudited consolidated interim condensed statement of comprehensive income prepared in accordance with IFRS for the six months …

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 the following changes in the shareholdings of the Company. On completion of the Baverstock Merger 651,436,544 new Caspian Sunrise shares were issued …