Nostrum Oil & Gas: Proven Reserve Replacements Ratio at 65%
Nostrum Oil & Gas PLC, an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces the results of the independent reserves audit of its licenses in north-western Kazakhstan as at 31 December 2014. Highlights from the 2014 …
Gazprom Dobycha Krasnodar: Appoint Alexander Koryakin as General Director
Alexander Koryakin is appointed Director General of Gazprom Dobycha Krasnodar. Alexander Koryakin was born in Chelyabinsk in 1968. He graduated from Perm Polytechnic Institute in 1992, majoring in Oil and Gas Field Development. Alexander Koryakin has an MBA degree. He has been employed at Gazprom for 22 years. Between 1992 and 1993 – oil and gas production operator of the 5th grade, oil and …
BP: Loses Bid to Reduce Macondo Civil Fine
BP has lost its bid to reduce the maximum civil fine of $13.7bn (£8.9bn) it could face for its role in the 2010 Gulf of Mexico oil spill. A US judge rejected BP’s appeal to pay a cap of $3,000 per barrel under the country’s Clean Water Act. Government prosecutors …
Eurasia Drilling Company: Update on Schlumberger Merger Timetable
Eurasia Drilling Company Limited announces that Schlumberger B.V. (“SLB”) and the Company are continuing to cooperate with the Russian Federal Anti-Monopoly Service (“FAS”) to respond to requests for information regarding the transaction described in the circular to Shareholders dated 20 January 2015. The merger (the “Merger”) between the Company and …
Federal Anti-Monopoly Service Delays Schlumberger’s Purchase of Eurasia Drilling
Russia’s Eurasia Drilling said on Friday it was delaying a deal to sell a stake in the company to Schlumberger, pending approval from Russia’s Federal Anti-Monopoly Service (FAS). Last month, oil services giant Schlumberger said it planned to buy a 45.65 percent stake in Eurasia for about $1.7 billion, potentially …
Federal Anti-Monopoly Service Delays Schlumberger's Purchase of Eurasia Drilling
Russia’s Eurasia Drilling said on Friday it was delaying a deal to sell a stake in the company to Schlumberger, pending approval from Russia’s Federal Anti-Monopoly Service (FAS). Last month, oil services giant Schlumberger said it planned to buy a 45.65 percent stake in Eurasia for about $1.7 billion, potentially …
C.A.T. oil AG Confirms the Resignation of the Supervisory Board
Management and the Supervisory Board of Vienna based C.A.T. oil AG confirm the resignation of the chairman of the Supervisory Board, Mr Gerhard Strate, and the remaining members of the Supervisory Board with immediate effect. Mr Manfred Kastner, CEO, expressed on behalf of the Company gratitude and recognition for the …
Shelton Petroleum: 2014 Year Review
Production during 2014 reached 880 barrels per day, which is an increase of 29 per cent compared to the previous year. The operating result in 2014, excluding one-off items in the second and third quarters, amounted to SEK 28 million, equivalent to an operating margin of 25 per cent. In …
Gazprom Neft Novy Port: Makes First Winter Shipment
Gazprom Neft Novy Port has made its first ever winter shipment of oil from the Novy Port (Novoportovskoye) field on the Yamal Peninsula. 16 thousand tonnes of crude oil was shipped to European consumers by oil tanker, escorted by an atomic icebreaker. The Novy Port oil will be delivered to …
Oleg Arno Appointed Director General of Gazprom Dobycha Yamburg
Oleg Arno was born in Yakutsk in 1967. He graduated from Gubkin Russian State University of Oil and Gas in 1992, majoring in the ‘process and comprehensive tooling of oil and gas fields’. Oleg Arno has an MBA degree. His entire career is linked to Gazprom. Between 1992 and 1996 …