Baker Hughes to Appeal to the Court of the Yamal-Nenets Autonomous District Seizure of Assets Worth $50 million
The complaint was received as part of a dispute with Yamal LNG LLC Baker Hughes Rus Infra is challenging the decision of the Arbitration Court of the Yamalo-Nenets Autonomous District. It was issued as part of the proceedings initiated by LLC Yamal LNG. The Russian structure of the American Baker …
Ildar Mukhamadeev: The Path from the “Import” Workshop to the Top Russian Oilfield Service Companies
Ildar Mukhamadeev, director of Sistema-Service Management Company LLC, member of the board of TAGRAS Holding, congratulated the team on the anniversary, recalled the key historical milestones in the formation of the enterprises of the group of companies and shared plans for growth and business development. “- Ildar Rustamovich, in 2023 …
Tatarstan Will Make Wireless Sensors for Tanks
Instead of the American Design Bureau “Vector” switched to other communication protocols for monitoring pressure, phases, temperature and other parameters of liquids. Moscow “OKB” Vector “plans to localize the production of magnetostrictive sensors in Tatarstan, as well as to establish their service. This was announced by the financial director of …
TPU Will Create Technologies for the Production of Hard-to-Recover Oil
Today, at the site of the X International Technoprom Forum for Technological Development, Tomsk Polytechnic University signed an agreement on joint research and development of technology for the production of hard-to-recover oil. The university joined the consortium “Synchrotron Radiation in Oil and Gas Technologies” together with the Center for Collective …
Low-frequency Electromagnetic Waves Will Increase Oil Recovery
Another CFU technology for “facilitating” viscous oil was tested at the fields of Rosneft, Tatneft, as well as in Brazil and Kazakhstan. Scientists from Kazan Federal University have developed a technology for enhanced oil recovery using an electromagnetic field. Representatives of the Institute of Physics, the Institute of Geology and …
Reagent From KFU “Lightened” Heavy Oil Directly in the Reservoir
The third injection of aquathermolysis catalyst was carried out for RITEK in the Samara Region. Scientists from the Institute of Geology and Petroleum Technologies (IGiNT) of Kazan Federal University conducted the third injection of the UniKat oil aquathermolysis catalyst at a field in the Samara Region. The news agency “Devon” …
The Court Seized the Assets of Baker Hughes for $50 Million at the Request of Yamal LNG
The arbitral tribunal agreed to provisional measures. The Arbitration Court of the Yamalo-Nenets Autonomous District ruled on the application of Yamal LNG LLC. The company filed a demand to seize the assets of the American Baker Hughes Baker Hughes Rus Infra. According to the case file, Yamal LNG demanded the …
Baker Hughes Completed the 2nd Quarter of 2023 with a Net Profit
In 2023, U.S. oilfield services corporation Baker Hughes ended the 2nd quarter with net income, with adjusted earnings per share and revenue better than expected. This was reported by the press service of Baker Hughes. The company’s net profit in April-June 2023 was $410 million, or 40 cents/share, against a …
Halliburton Increased Its Net Profit More Than 5 Times in the Second Quarter
American oilfield services company Halliburton Co. increased net profit in the 2nd quarter of 2023 by more than 5 times. This is stated in the company’s financial statements. The company’s net profit reached USD 610 million. Per share, the figure is 68 cents compared to 12 cents for the same …
Dmitry Alaev Was Appointed Director of TagraS-EnergoService LLC
TAGRAS Holding announces the appointment of Dmitry Alaev to the position of Director of TagraS-EnergoService LLC from August 1, 2023. Previously, he headed the contract execution department of TagraS-Holding LLC. Dmitry Alaev is a native of Almetyevsk, the Republic of Tatarstan. Graduated from the Almetyevsk Oil Institute, the Institute of …