Gazprom and Kuwait Petroleum Corporation Sign Memorandum of Understanding
Alexey Miller, Chairman of the Gazprom Management Committee and Nizar Al-Adsani, Chief Executive Officer and Deputy Chairman of the Board of Directors of Kuwait Petroleum Corporation signed a Memorandum of Understanding in Sochi today. The ceremony was held in the presence of Vladimir Putin, President of the Russian Federation and …
Shelton Petroleum and Petrogrand Merger Approved by the Shareholders in Both Companies
As previously announced the agreement between Shelton Petroleum AB and Petrogrand AB was approved at the extraordinary general meeting held today on 9 November 2015. The approval was conditional upon that an extraordinary general meeting in Petrogrand also approved the agreement. Petrogrand has now held its extraordinary general meeting and …
Shelton Petroleum: EGM – Confirms Petrogrand Asset Tie Up
At the extraordinary general meeting held earlier today in Shelton Petroleum AB the shareholders approved the agreement between Shelton Petroleum and Petrogrand AB which will combine the Russian oil and gas assets of the companies and dissolve the cross ownership. The agreement is available on the company’s website. At the …
Tethys Petroleum: Enters into Non-Binding Letter of Intent, Plus Debt Facility, with Olisol
Tethys Petroleum Limited announces that is has entered into a non-binding and indicative letter of intent (the “LOI”) with Olisol Investments Limited (“Olisol”) setting out proposed terms upon which Olisol Petroleum Limited, a wholly-owned subsidiary of Olisol (“OPL”), will provide Tethys with a US$15 million interim debt facility (the “Interim …
Roxi: Spuds Deep Well A6
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset. Spudding of New Deep Well A6 Roxi is pleased to announce that Deep Well A6 has been spudded. The new deep …
KazMunaiGas Exploration Production: 9M & 2015 Results – Profits Nearly Halved
JSC KazMunaiGas Exploration Production (“KMG EP” or “the Company”) announces condensed consolidated interim financial statements for the nine months ended 30 September 2015. – Net profit for the first nine months of 2015 was 138bn Tenge (US$703m[1]) compared with 242bn Tenge (US$1,357m) for the same period in 2014. A decline …
KazMunaiGas Exploration Production: 9M & 2015 Results – Profits Nearly Halved
JSC KazMunaiGas Exploration Production (“KMG EP” or “the Company”) announces condensed consolidated interim financial statements for the nine months ended 30 September 2015. – Net profit for the first nine months of 2015 was 138bn Tenge (US$703m[1]) compared with 242bn Tenge (US$1,357m) for the same period in 2014. A decline …
SPE CTCE Baku: ROGTEC – The Only Russia & CIS Focused Upstream Publication Present
With the SPE’s CTCE, Caspian Technical Conference and Exhibition in full swing, running from the 4-6th in Baku, ROGTEC is yet again proud to be the only Russian and CIS focused publication to support and send copies to the event. The SPE events are highly technically focused conferences and exhibitions …
SPE CTCE Baku: ROGTEC – The Only Russia & CIS Focused Upstream Publication Present
With the SPE’s CTCE, Caspian Technical Conference and Exhibition in full swing, running from the 4-6th in Baku, ROGTEC is yet again proud to be the only Russian and CIS focused publication to support and send copies to the event. The SPE events are highly technically focused conferences and exhibitions …
Roxi Petroleum: Update on Operations at BNG
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to further update the market with news of progress at its flagship BNG asset. Deep Well A5 The well was spudded in July 2013 and drilled to a total depth of 4,442 meters with casing …