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ROGTEC at KIOGE!

ROGTEC is once again proud to be media sponsor to the upcoming KIOGE event in Almaty, 30th Sep – 3rd Oct. KIOGE is one the leading events to take place each year in Kazakhstan, bringing together the leading international suppliers of equipment and services to the Kazakh markets under one …

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SeverEnergia: Launches Third Stage of the Samburgskoye Field

OAO NOVATEK announced the launch of the third stage of the Samburgskoye gas condensate field developed by SeverEnergia, a joint venture between OAO NOVATEK and OAO GazpromNeft. The launch of the third stage, which exceeds two (2) bcm of natural gas per annum, will enable the field to achieve peak production capacity …

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Rosneft: FGC UES to Build Two New Substations for Vankor

The commissioning of new power plants Arsenal and Mangazeya in Purov district of the Yamalo-Nenets Autonomous Territory has taken place, which will provide permanent power supply of Vankor gas field. The building of substations (SS) and high-voltage transmission lines (HT) is the largest investment projects of recent years, realized in …

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Gazprom Neft: Millionth Barrel of Oil Produced at the Prirazlomnoye Field

The millionth barrel of the new oil, ARCO (Arctic Oil), has been produced at the Prirazlomnoye deposit. The second tanker to deliver the oil to North West Europe in the next few days is currently being loaded. The first tanker carrying oil from Prirazlomnoye set offfrom the deposit in April. A further two tankers will transport around one …

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RPI Report: Future of Russian O&G Engineering Services Market: Outlook to 2025!

RPI, a leading provider of research on the energy sector of Russia, the Caspian region, Central and Eastern Europe, would like to bring to your attention “Future of Russian O&G Engineering Services Market: Outlook to 2025” research study. A decline in hydrocarbon production in Russia’s conventional oil and gas regions causes the need …

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Shelton Petroleum: Produces 16,430 Barrels at the Rustamovskoye in August

Shelton Petroleum’s total oil production in August 2014 amounted to 26,500 barrels, equivalent to 855 barrels per day. The table below summarizes the production broken down by oil field. Aug2014 Aug2013 Jan-Aug2014 Jan-Aug2013 Jan-Dec 2013 Jan-Dec 2012 Lelyaki 10,070   10,460 85,771 82,065   126,565 119,950 Rustamovskoye  16,430 5,730 134,876 …

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Lomonosov Moscow State University and the Arctic Research and Design Center to Work on Oil-Degrading Bacteria

Arctic Research and Design Center signed a contract on research work in laboratories of Lomonosov Moscow State University (LMSU). As a result of the research in laboratory of microbial biotechnology and Percov’s White sea biological station, a complex substance, based on bacteria living in low temperatures (psychrophilous microorganisms) must be …

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Gazprom Q1 Results: Sales Up 7%

Today Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 “Interim Financial Reporting” (IAS 34) for the three months ended March 31, 2014 Net sales of gas increased by RUB 6,133 million, or 1%, to RUB 909,952 million in the three months …

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EU Sanctions Increased Including: Unconventional Drilling, Well Testing and Logging Services.

Strengthened EU sanctions against Russia will enter into force upon the publication of the legal acts in the EU Official Journal on the 12/9/2014. They include the following measures: Restrictions on Russia’s access to EU capital markets have been strengthened. EU nationals and companies may no more provide loans to …

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PGNiG: Reports Gas Volumes are Down 45%

Polskie Górnictwo Naftowe i Gazownictwo SA, PGNiG, reports that natural gas supplies provided under the Yamal Contract at the interconnection points in Drozdovitse (Ukraine), Kondratki (Belarus) and Vysokoye (Belarus) remain inconsistent with the nominations made by the Company. On September 10th 2014, the delivery shortfall was approximately 45%. Under the …

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