Oil & Gas Operators

Over twelve months of 2014, OJSC «Surgutneftegas» produced 61,425 thousand tonnes of crude oil. Last year, crude output in the Republic of Sakha (Yakutia) equaled 7,729 thousand tonnes, 7% up versus 2013.

Shelton Petroleum’s total oil production in December 2014 amounted to 25,000 barrels, equivalent to 806 barrels per day. The table below summarizes the production broken down by oil field. Dec 2014 Dec 2013 Jan-Dec 2014 Jan-Dec 2013 Jan-Dec 2012 Lelyaki 10,410 11,480 125,141 126,565 119,950 Rustamovskoye 14,590 18,320 196,236 122,305 …

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces Group reserves as at 30 September 2014 as estimated by its Competent Person, Ryder Scott Company LLC (“RSC”). The reserves reflect drilling results, forward oil pricing and other technical information as at that date, including …

Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of the Galaz Contract Area in which it holds an interest of 34.22 per cent. Roxi notes the announcement made by Xinjiang Zhundong Petroleum Technology Co., a Company listed …

Requisition of EGM Worldview requisitions EGM of Petroceltic International Plc to remove CEO Brian O’Cathain as a director and strengthen the Board with an industry veteran who brings an outstanding track record of delivering success and good governance, as well as appoint its own representative to the Board thereby emphasising …

Requisition of EGM Worldview requisitions EGM of Petroceltic International Plc to remove CEO Brian O’Cathain as a director and strengthen the Board with an industry veteran who brings an outstanding track record of delivering success and good governance, as well as appoint its own representative to the Board thereby emphasising …

Tethys Petroleum Limited today announced that its wholly owned Kazakh subsidiary, TethysAralGaz LLP (“TAG”), has received permission from the Ministry of Energy of the Republic of Kazakhstan to extend the Akkulka Exploration Contract (the “Contract”) for another four years, from March 10, 2015 to March 10, 2019 (subject to certain …

The Independent Directors of JSC KazMunaiGas Exploration Production note the announcement by National Company KazMunaiGaz that it is withdrawing its proposal to acquire the shares in KMG EP that it does not already own at a price of US$18.50 per GDR. Since the announcement on 25th July, 2014 of KMG …

Bashneft and Emerson Process Management have signed a long-term Memorandum of Cooperation on the development of systems for comprehensive automation of industrial facilities. The document was signed by Bashneft’s President Alexander Korsik and Nikolay Shestakov, Vice President of Emerson Process Management, Director General of LLC Emerson. In accordance with the …

Eni entered into an agreement for the sale of its 20% stake in South Stream Transport B.V. to Gazprom. Following the transaction, Eni will recover the capital invested to date in the project, calculated coherently with existing agreements. Before the agreement, South Stream Transport was owned by Gazprom with a …