Oil & Gas Operators

Petrosibir AB: 2015 Annual Report

Transition of Petrosibir There have been a number of significant transactions affecting Petrosibir in 2015. In December 2015 Petrosibir distributed the Ukrainian operations to its shareholders and also in December 2015 Petrosibir acquired a 49% interest in certain oil and gas assets in the Russian republic of Komi. Following these …

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Conferences & ExhibitionsOil & Gas Operators

RDCR: Four Weeks To Go Until the Largest Drilling Event in Russia – BOOK NOW!

Derrick Equipment Company and Step Oiltools Confirm Silver Sponsor at the 4th RDCR As a long-time supporter of the RDCR, we are pleased to confirm that Derrick Equipment Company and Step Oiltools attending the 4th RDCR as a Silver Sponsor. Derrick Equipment will be presenting as follows – “Reducing Drilling …

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Oil & Gas Operators

Tatneft Almetyevneft: Renat Nugaybekov Appointed General Director

Renat Nugaybekov, who previously held the Director’s position of OOO “TMS Group” Management Company, was appointed Head of “Almetyevneft” Oil and Gas Producing Division of PJSC TATNEFT. Renat Nugaybekov was born on August 16, 1970 in the village of Tumutuk, Aznakaevo area. Education: graduate degree. In 1992 he graduated from …

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Oil & Gas Operators

Novatek: Aiming for Yamal LNG Project Financing in 2-3 Months

Russian gas producer Novatek expects its Yamal LNG project to secure external financing in the next 2-3 months, Interfax news agency quoted Leonid Mikhelson, Novatek chief executive, as saying on Wednesday. Western sanctions imposed over Moscow’s role in the Ukraine crisis have made it harder for Novatek to raise funds …

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Oil & Gas Operators

Surgutneftegas: January and February 2016 Production Up 5.8% yoy

In January-February 2016, Surgutneftegas produced 10,076.6 thousand tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 1,407.7 thousand tonnes, 5.8% up versus first two months of the last year. In January-February 2016, gas production in Surgutneftegas amounted to about 1,621.3 million …

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Oil & Gas Operators

Rosneft Vietnam: Spins Bit at PLDD-1X

Rosneft Vietnam B.V., a company of Rosneft group, has started drilling exploration well PLDD-1X at Block 06.1 located offshore Vietnam. For the first time Rosneft is operating a drilling project, in International waters confirming the Company’s competence and ability to implement technically complex drilling programs offshore. The design depth of …

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Oil & Gas Operators

Rosneft : Oil Spilt from Disused Pipeline on Sakhalin Island

Top Russian oil producer Rosneft said on Thursday that around 15 tonnes (110 barrels) of oil spilled off from an idled pipeline on the Pacific island of Sakhalin, while local ecologists say the scale of disaster is far larger. Rosneft said the spill occurred on Wednesday at the Ekhabi oilfield …

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Oil & Gas Operators

Bank of China to provide Gazprom with EUR 2 billion loan

Gazprom and Bank of China Limited, London Branch entered today in Shanghai into a five-year EUR 2 billion loan facility agreement. On the part of Gazprom the agreement was signed by the Deputy Management Committee Chairman Andrey Kruglov and on the part of Bank of China Limited, London Branch – …

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Oil & Gas Operators

Tethys Petroleum: Olisol Investments Signs $15m Debt Facility, John Bell and Fellow Directors to Step Back

Tethys Petroleum Limited today announces that it has signed a legally binding amendment to the US$15 million convertible debt facility entered into on November 19, 2015 with Olisol Investments Limited and its wholly owned subsidiary, Olisol Petroleum Limited, setting out amended terms to the Interim Facility and consequential changes to …

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Conferences & ExhibitionsOil & Gas Operators

RDCR 2016 – ABB and Arnco Technologies Confirm Bronze Sponsorship

The RDCR, Russian Drilling Roundtable, is pleased to announce that ABB will be discussing their drive solutions at the RDCR. Arnco Technologies will also be discussing their hardbanding solutions within the services hall. With the National Drilling Company, TDE Group and Agility Logistics also confirming their attendance in the last …

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