Exillon Energy: Produces 14,660 bbl/day in February
Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce unaudited production data for the month of February 2016 (“the Period”). · Our average daily production[1] was 14,660 bbl/day during the …
Yamal LNG: 9.9% Sold Stake to China’s Silk Road Fund
OAO NOVATEK announced today the closing of a transaction to sell a 9.9% equity stake in the Yamal LNG project (“Project”) to China’s Silk Road Fund (“SRF”) for a payment amounting to EUR 1,087 million. Following the deal completion, the shareholder structure of the Project is as follows: OAO NOVATEK …
Yamal LNG: 9.9% Sold Stake to China's Silk Road Fund
OAO NOVATEK announced today the closing of a transaction to sell a 9.9% equity stake in the Yamal LNG project (“Project”) to China’s Silk Road Fund (“SRF”) for a payment amounting to EUR 1,087 million. Following the deal completion, the shareholder structure of the Project is as follows: OAO NOVATEK …
Urals Energy: 2015 Production Up 2%, Company Looks for Good M&A Options
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to provide an operational update: Production data for 2015 Total production by the Group during 2015 increased by 2.0% and reached 675,318 barrels. This was made up as follows: · production at Arcticneft reached 253,592 …
Urals Energy: 2015 Production Up 2%, Company Looks for Good M&A Options
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to provide an operational update: Production data for 2015 Total production by the Group during 2015 increased by 2.0% and reached 675,318 barrels. This was made up as follows: · production at Arcticneft reached 253,592 …
Rosneft and Petrovietnam Leaders Visit Rosneft Operated Exploration Drilling Rig
Rosneft Chairman of the Management Board Igor Sechin and Petrovietnam’s President & CEO Nguyen Vu Truong Son made a visit to Rosneft operated Lan Tay production platform and exploration drilling rig in Block 06.1 offshore Vietnam. Rosneft is the operator of the Block 06.1 asset with participating interest of 35%, …
Petrosibir: February 2016 Production
Production report for February 2016 The table below summarizes the production broken down by region. * On 16 December 2015 Petrosibir acquired its 49% share of the Komi operations. The tables for the full year 2015 therefore only include 16 days of production from Komi. The average daily production for …
Gazprom Neft: Launches New and Improved Drilling Support Centre
Following full refurbishment and re-equipment, the Gazprom Neft Drilling Support Centre (part of the company’s Joint Scientific and Research Centre and responsible for round-the-clock monitoring of the company’s most high-tech wells) is now operational, with the facility’s official opening attended by Gazprom PJSC Chairman of the Management Committee Alexey Miller. …
ONGC Videsh and India Oil Corporation: In Talks to Increase Stake in Vankorneft to 49.9%
ONGC Videsh along with Indian Oil Corporation (IOC), Oil India and Bharat Petroleum is in talks to buy about 35 per cent additional stake in Russia’s Vankor oil field in Siberia for close to dollar 3 billion. OVL, the overseas arm of the state-owned Oil and Natural Gas Corp (ONGC), …
Rosneft Confirm Full Attendance at the 4th RDCR, Including Roundtable Participation and Panel Moderation
The organizers are pleased to confirm that Rosneft, the biggest oil and gas company in Russia and the world’s largest publicly traded petroleum company, have confirmed that they will be attending the 4th RDCR. Drilling experts from the Rosneft head office will be taking part in the technology roundtable sessions, …