Gazprom and Siemens Address Prospects for Cooperation Within Nord Stream II
St. Petersburg hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Joe Kaesar, President and Chief Executive Officer of Siemens. The parties addressed the prospects for cooperation, in particular, the procurement of equipment and technologies within the Nord Stream II project. Source
Gazprom: Resumed Gas Export to Azerbaijan to Meet Growing Demand of Republic
St. Petersburg hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Rovnag Abdullayev, President of the State Oil Company of the Azerbaijan Republic (SOCAR). The parties addressed issues of the bilateral cooperation in the energy sector between the two companies. The point of the …
Offshore Reserves to Account for 50% of Oil Production in Abu Dhabi by 2018, reveals ADIPEC
Offshore reserves will account for approximately 50 per cent of total oil production in Abu Dhabi by 2018 as a result of continued investments in production capacity, experts revealed yesterday. With USD 25 billion worth of investments in offshore oil projects planned by the Abu Dhabi National Oil Company (ADNOC) …
LUKOIL Produces 30 Billion Cubic Meters of Natural Gas in Uzbekistan
LUKOIL has cumulatively produced 30 billion cubic meters (bcm) of natural gas at its projects in Uzbekistan. Most of this (about 85%) comes from the Khauzak-Shady field in the Bukhara Province. Commercial gas production at the Khauzak-Shady field started in November 2007. In 2011, the West Shady site was put …
Xodus wins TCO vibration contracts in Kazakhstan
Xodus Group has been awarded two contracts with TengizChevrOil (TCO) for acoustic induced vibration fatigue assessments of its Tengiz complex in Kazakhstan. The first contract will see Xodus deliver screening assessments for the relief systems on a new high pressure steam plant, and could expand to include detailed finite element …
Exillon Energy: Produces 15,926 unaudited bbl/day in August
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 August 2015 (“the Period”). · Our average daily production[1] was 15,926 bbl/day during the …
Max Petroleum: Share Trading Suspended
Max Petroleum‘s circular to Shareholders dated 13 August 2015 noted that, as a result of the uncertainty surrounding the Company’s financial position, its ordinary shares have been suspended from trading on AIM since 2 March 2015. Max Petroleum and AGR Energy continue to work to satisfy all relevant conditions for …
Petroneft Resources: Production Up 40% with Horizontal Drilling
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 is pleased to provide an update on operations at Licence 61. Highlights: Tungolskoye – T-502 horizontal well brought on line at sustained rate of …
Platts Survey: OPEC Pumps 31.26 Million Barrels of Crude Oil Per Day in August
Monthly Output Down 140,000 b/d from July, Saudi Arabia Scaled Back Supply by 50,000 b/d to 10.4 million b/d in August. Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.26 million barrels per day (b/d) in August, down 140,000 b/d from the July level of 31.4 …
Gazprom Export: Starts Winter Gas Auction
On September 7, 2015, at 9.00 a.m. CET (10.00 a.m. Moscow time) Gazprom Export begins the bidding for gas supply to Europe. Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Elena Burmistrova, Director General of Gazprom Export launched the bidding with a solemn ceremony by striking a symbolic …