Oil & Gas Operators

Caspian Sunrise (formerly Roxi Petroleum plc), the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news of progress of its Deep Well A5 at its flagship BNG Contract Area and at its shallow MJF structure. Background Caspian Sunrise has a 99% …

Gazprom Neft today publishes consolidated financial accounts (IFRS) for Q3 2017 and the nine months ended 30 September 2017. Net profit of RUB189 billion for the first nine months of 2017 — an increase of 28.2 percent year-on-year, driven by effective management initiatives and organic growth. Adjusted EBITDA* up 22.9 percent year-on-year for the first nine months of 2017, …

Gazprom Neft subsidiary Gazpromneft-Khantos has launched an Upstream Control Centre as part of its “Digital Field” programme. The Centre takes solutions previously developed within the company, directed at improving the efficiency of individual upstream production processes, and brings these together in a single, integrated environment, with the creation of the Gazpromneft-Khantos Upstream Management Centre making possible the integrated and holistic …

Rosneft’s hydrocarbon production reached 70.5 mmtoe in Q3 2017 (5.67 mmboed) and 210.8 mmtoe in 9M 2017 (5.72 mmboed). Growth was at 0.7% QoQ and at 9.3% YoY. 9M 2017 AVERAGE DAILY HYDROCARBON PRODUCTION ROSE BY 9.7% TO 5.72 MMBOEPD 9M 2017 LIQUIDS PRODUCTION INCREASED BY 11.0% YoY 9M 2017 …

Commenting the results for 3Q 2017 and 9M 2017, Rosneft Chairman of the Management Board and Chief Executive Officer Igor Sechin said: “In 3Q 2017 the Company continued executing the key upstream projects, developing the trading and commercial “hubs” that ensured the revenue and EBITDA growth in the quarter, achieving …

Rosneft Oil Company, as part of the Sakhalin-1 Consortium, has successfully completed drilling from the Orlan platform at the Chayvo well in the Sea of ​​Okhotsk, the longest well in the world. The length of the well with a horizontal end is 15000 m, which for today is a world …

The Gazprom Management Committee approved the 2018–2022 Comprehensive Target Program for the Development of the Integrated Information Environment of the Gazprom Group. The Company’s relevant subdivisions are tasked with implementing the Program. The Integrated Information Environment (IIE) was established and is successfully maintained as part of Gazprom’s Informatization Strategy. Specifically, 35 information management systems were introduced at Gazprom and a number of its …

Condor Petroleum Inc., a Canadian based oil and gas company focused on exploration and production activities in Turkey and Kazakhstan, is pleased to announce the release of its unaudited interim condensed consolidated financial statements for the three and nine months ended September 30, 2017, together with the related management’s discussion …

Tethys Petroleum Limited today announced its results for the quarter ended September 30, 2017. Q3 Financial Highlights (all figures reported in USD unless stated otherwise. 2016 amounts are for the quarter ended September 30, 2016) Oil and gas sales and other revenues decreased by 17% to USD2.6 million from USD3.1 …

The Board of Urals Energy, the independent exploration and production company with operations in Russia, is pleased to provide the following operational update. Tanker shipment update The price per barrel for the tanker shipment announced on 31 October 2017 has now been confirmed as US$62.15 per barrel. This pricing is …