Zoltav Resources: Koltogor Reserves Up 546m Barrels
Zoltav, the Russia and CIS-focused oil and gas exploration and production company, is pleased to announce that the Russian Federal Agency for Subsoil Use (“Rosnedra”) has registered an additional 546 million barrels (mm bbls) of Russian standard C1 plus C2 oil reserves for the Koltogor Exploration and Production Licence (the …
Bashneft’s Meeting of Shareholders Elects a New Board of Directors
Today, the Extraordinary General Meeting of Shareholders of JSOC Bashneft has accepted the early resignation of members of the Board of Directors and elected the following persons to the new Board of Directors: Charles Watson, member of the Board of Directors of KAZ Minerals Pls, independent director; Evgeny Guryev, Minister …
Kazmunaigas Exploration Production: Signs Extended Subsoil Contracts
KazMunaiGas Exploration Production JSC announces today that addendums have been signed to extend contracts between the Kazakh Ministry of Energy and KMG EP subsidiaries. The following four contracts have been extended with JSC Embamunaigas: the Kenbay field (contract №37) valid until 2041; the SE Novobogatinsk field (contract №61) valid until …
Tatneft: Associated Petroleum Gas Utilization
JSC TATNEFT continues developing the comprehensive program for utilization of associated petroleum gas (APG). The Company has successfully implemented various projects to improve the efficiency of associated petroleum gas utilization. One of the ways is application of oil heating furnaces at the preliminary water discharge units in the course of …
SPD: Start Implementing ASP Technology
Within the scope of the pilot enhanced oil recovery project, Salym Petroleum Development (SPD) has delivered to the Salym group of fields the equipment for construction of a unit for preparation of a special mixture to be used for substantial oil recovery factor increase. The facility is scheduled to be …
Aleator Energy: Registers Crimean Subsidiary Kerch Energy LLC
Aleator Energy Limited is very pleased to advise that it has received confirmation that the registration of its new Crimean subsidiary ‘Kerch Energy LLC’ has been completed. This process had taken numerous months due to the substantial change in the regulatory process being implemented in Crimea and the vast numbers …
Roxi Petroleum: Well A5 – Mainly Cleared, Well 143 Appears Commercial
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. Background The BNG Contract Area is located in the west of Kazakhstan 40 kilometers southeast of Tengiz on the edge of …
Gazprom and Wintershall Address Russian Natural Gas Supply to Europe
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Rainer Seele, Chairman of the Board of Executive Directors of Wintershall Holding. The parties addressed the main issues of the bilateral cooperation, paying special attention to Russian natural gas supply to Europe. It was pointed out that repeatedly occurring high risks of gas transit …
Gazpromneft Khantos: Acquires the Maloyugansk and Zapadno-Zimnee Licence Blocks
Gazpromneft Khantos has acquired two new exploration and production (E&P) licences, for the Maloyugansk and Zapadno-Zimnee fields in the Khanty Mansiysk Autonomous Region. These new assets, acquired by auction, adjoin the currently developed Yuzhno-Kinyaminsk and Zimnee fields. The licences are valid for a period of 25 years, including five years …
Igor Sechin Participated in the Mass Dedicated to the Death Anniversary of Hugo Chavez
The Head of Rosneft Igor Sechin participated in the mourning mass in commemoration of the former President of the Bolivarian Republic of Venezuela Hugo Chavez who passed away the very same day 2 years ago. The event took place at the Roman Catholic Cathedral of the Immaculate Conception of the …