Alexey Miller and Taner Yildiz address Turkish Stream
Ankara hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Minister of Energy and Natural Resources of the Turkish Republic. Alexey Miller and Taner Yildiz addressed the issues of Russian gas supplies to Turkey, upgrade of the Blue Stream gas pipeline and execution of the project for a new gas pipeline construction from Russia …
Sugurtneftgas Increases Production By 12%
In January-April of 2015, Surgutneftegas produced 20.218 million tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 2.728 million tonnes, 12% up versus four months of the last year. In January-April of 2015, gas production in Surgutneftegas amounted to 3,200.1 million …
Gazprom and PetroVietnam to Drill First Deepwater Offshore Well in Vietnam
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Nguyen Xuan Son, Chairman of the PetroVietnam National Oil and Gas Group Board of Directors. The meeting addressed the main issues of the bilateral cooperation in hydrocarbon development, particularly the joint activities in blocks Nos. 129–132 in the continental shelf of Vietnam. The …
Tethys Petroleum: Strategic Review, SinoHan Deal Not Proceeding
Tethys Petroleum Limited today provides further details of the previously-announced strategic review, and a SinoHan Oil and Gas Investment Number 6 B.V. transaction update, to shareholders. Highlights — A strategic review of the business which encompasses options including asset sales, farm-outs, financing, investments at the corporate level, or the sale …
Rosneft BOD Extends the Terms of Authority of Igor Sechin for 5 years
Rosneft Board of Directors held a scheduled meeting. In compliance with the guidelines of the Government of the Russian Federation Rosneft BoD appointed Igor Sechin CEO of the Company starting May 24, 2015. In accordance with the corporate Charter of Rosneft the Board of Directors approved the contract with Igor …
Gazprom: Developing Our Resource Base
Gazprom’s Geological Exploration Program will not be considerably adjusted. Despite a not too favorable international economic situation, sector-specific sanctions of the USA and Europe against Russia as well as a difficult financial environment in our country, Gazprom keeps enhancing its mineral resource base as well as getting ready for development …
Roxi Petroleum: Deep Well A5 Blockage Slowly Being Freed
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. BNG Operational Update The BNG Contract Area is located in the west of Kazakhstan, 40 kilometers southeast of Tengiz on the …
Yamal LNG Signs Icebreaker Contract with USC and Atomflot
Vyborg Shipyard (part of United Shipbuilding Corporation, or USC) and Atomflot signed a shipbuilding contract for the building of a harbor icebreaker for the Yamal LNG Project. The 10 MW diesel-powered harbor icebreaker with an innovative propulsion system will be built at the Vyborg Shipyard to support the harbor operations …
Statoil Completes Sale of 15.5% Share in Shah Deniz to PETRONAS
On Thursday 30 April 2015, Statoil and the Malaysian oil and gas company PETRONAS completed their transaction, announced previously on 13 October 2014. The sale involved the transfer of Statoil’s 15.5% participating interest in the Shah Deniz production sharing agreement, 15.5% share in the South Caucasus Pipeline Company (SCPC), 15.5% …
Gazprom Neft: Pilot Production Completed At Vostochno-Messoyakhskoye Field
Pilot testing has been completed, and preparations for full-scale commercial drilling begun at the Vostochno-Messoyakhskoye field — part of the northernmost on-shore oil and gas fields under development in Russia. A four-year geological prospecting and appraisal programme has been conducted in the course of pilot operations at the Vostochno-Messoyakhskoye field, …