Kirill Molodtsov: Russia Has the Tools to Go it Alone in the Arctic
Russia can continue the drilling the Kara Sea even if the US oil company ExxonMobil drops out the project, Deputy Energy Minister Kirill Molodtsov told reporters Monday reported RIA. There are enough Russian oil rigs to continue the drilling in the Kara Sea, where significant discoveries of petroleum and natural …
ShawCor: Wins $200m Contract for Shah Deniz
ShawCor Ltd. today announced that its Bredero Shaw pipe coating division has received contracts with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating and other services in connection with the Shah Deniz Stage 2 development project. The contracts are scheduled to be executed from plants …
Rosneft Discovered a New Hydrocarbon Field in the Kara Sea
Rosneft successfully completed the drilling of the northernmost well in the world – the Universitetskaya-1 well in the Arctic. According to the results of the drilling Rosneft has made an oil discovery at the East-Prinovozemelskiy-1 license area. The drilling was completed in record-breaking time – in one and a half …
Sistema: Statement Regarding Press Coverage
Sistema JSFC, the largest publicly-traded diversified holding company in Russia and the CIS, notes the movement in the share price and the media coverage regarding restrictions on transactions with the shares of Bashneft OJSC owned by Sistema and CJSC Sistema-Invest imposed by the Moscow Court of Arbitration. The Company is …
The IX International Conference «Oil and Gas Field Services in Russia» Will Be Held on the 9th of October in Moscow.
During this annual conference, the leading oilfield service companies will discuss today’s status of industry with potential customers. The burning issue of the conference is working practice under modern conditions of the West sanctions and complication of the relations at all; identification of weaknesses and sensitive areas of Russian oil …
Petroneft Resources: 1H Results – Average Production of 2,163 bopd
PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to report its results for the 6 months ended 30 June 2014. Highlights: • H1 production average of 2,163 bopd. • Farmout of Licence 61 to Oil India completed, Company is now debt-free. …
Sistema: Vladimir Yevtushenkov’s House Arrest Extended to the 16th of November
A Moscow court ordered wealthy businessman Vladimir Yevtushenkov on Thursday to remain under house arrest until Nov. 16, sending shares in his company Sistema sharply lower in a case that has shocked Russia’s business community and unnerved investors reported Vladimir Soldatkin. * Yevtushenkov to stay under house arrest until Nov. …
Sistema: Vladimir Yevtushenkov's House Arrest Extended to the 16th of November
A Moscow court ordered wealthy businessman Vladimir Yevtushenkov on Thursday to remain under house arrest until Nov. 16, sending shares in his company Sistema sharply lower in a case that has shocked Russia’s business community and unnerved investors reported Vladimir Soldatkin. * Yevtushenkov to stay under house arrest until Nov. …
Sistema: Russian Court Seizes Shares due to “Significant Violations” of the Law
A Russian court has seized shares in oil company Bashneft that are owned by Sistema, a conglomerate controlled by wealthy businessman Vladimir Yevtushenkov, over alleged violations in the oil firm’s sale reported Reuters. The court granted a request by the Russian prosecutor general’s office, which said on Friday it had …
Sistema: Russian Court Seizes Shares due to "Significant Violations" of the Law
A Russian court has seized shares in oil company Bashneft that are owned by Sistema, a conglomerate controlled by wealthy businessman Vladimir Yevtushenkov, over alleged violations in the oil firm’s sale reported Reuters. The court granted a request by the Russian prosecutor general’s office, which said on Friday it had …