Gazprom and RusGazDobycha: Agree To Develope Parusovoye, Severo-Parusovoye and Semakovskoye Fields
Alexey Miller, Chairman of the Gazprom Management Committee, and Artyom Obolensky, Director General of RusGazDobycha, signed at the Eastern Economic Forum 2016 in Vladivostok a Master Agreement regarding the joint project for the development of the Parusovoye, Severo-Parusovoye and Semakovskoye fields located in the Yamal-Nenets Autonomous Area. The document is a follow-up to the agreements reached at the St. Petersburg International …
NOVATEK-Yurkharovneftegas: Wins Syadorskiy Subsoil Auction
OAO NOVATEK (NOVATEK) announces that its subsidiary OOO NOVATEK-Yurkharovneftegas won the bid for a geological survey, exploration and hydrocarbons production license for the Syadorskiy subsoil area for a term of 25 years. The auction resulted in a one-time payment for the subsoil use in the amount of 404 million rubles. The …
Tethys Petroleum: Olisol in Breach of Investor Agreement but Continues to Provide Funds
Olisol Transaction Following approval of The Grand Court in the Cayman Islands on August 19, 2016 to reduce the par value of the Company’s ordinary shares from US$0.10 to US$0.01 the Company has worked with Olisol and its advisors to complete the previously announced C$9.8 million private placement by September …
Urals Energy: Completes Acquisition of The Arctic Oil Company
Further to the announcement made on 23 August 2016, Urals Energy, the independent exploration and production company with operations in Russia, is pleased to confirm that the acquisition of the entire share capital of Arctic Oil Company Limited (“ANK”) from JSC ArcticMorNefteGazRazvedka (“AMNGR”) has completed. The consideration for this acquisition …
Rosneft and BP Russia: Sign Collaborative Agreement with Schlumberger on Seismic Research and Development
Rosneft, BP and Schlumberger today announced agreements for collaboration on seismic research and development. The agreements were signed at the Eastern Economic Forum (EEF) in Vladivostok, Russia, by Rosneft CEO Igor Sechin and President of BP Russia David Campbell. Schlumberger was represented by President for Russia and Central Asia Gokhan …
Roxi Petroleum: Reserves Statement for the South Yelemes Fields’ Post Salt Reservoirs, BNG Ltd LLP,
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of a reserves update as at 31 December 2015 of BNG’s South Yelemes fields. The reserves update covers the Company’s shallow fields at its BNG asset and does not …
Petroneft Resources: Sibkrayevskoye Well S-374 a Duster, Plugged and Abandoned
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, provides an update on drilling and operations at Licence 61. Highlights Sibkrayevskoye Well S-374 – Vertical Delineation Well – Two tight sandstone reservoirs encountered …
Gazprom Largely Unaffected by Western Sanctions
The Gazprom Board of Directors took note of the information regarding the effect of the Western sanctions on Gazprom Group in 2015–2016 and the corresponding mitigation measures. It was pointed out at the meeting that Gazprom had in due time assessed the potential effect of the sanctions-related risks on the …
Sorovskneft: Baudin Khamidov Appointed General Director
Today, the Board of Directors of PJSOC Bashneft has approved the appointment of Baudin Khamidov to the position of General Director of LLC Sorovskneft upon the recommendation of the Nominating and Compensation Committee. Baudin Khamidov will replace Alexander Scherbinin, who has decided to continue his career outside Bashneft Group. Baudin …
Roxi Petroleum: Spudding Shallow Well 141
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to provide shareholders with the following operational update. BNG Contract Area The BNG Contract Area is located in the west of Kazakhstan 40 kilometers southeast of Tengiz on the edge of the Mangistau Oblast, covering …