Rosneft Acquires ALROSA Oil and Gas Assets
Rosneft agreed to acquire a number of oil and gas assets from ALROSA in Yamalo-Nenets Autonomous Region and in the Republic of Sakha (Yakutia), including 100-percent holdings in CJSC Geotransgaz, Urengoi Gas Company LLC, CJSC Irelyakhneft and the 99.9995 percent stake in OJSC ALROSA -Gas. The agreement was signed by …
Rosneft and ExxonMobil Selects Contractors for Initial Phase Engineering and Design for Russian Far East LNG Project
Rosneft and ExxonMobil today selected CB&I UK and Foster Wheeler Energy as contractors for initial phase front end engineering and design (FEED) for a proposed Russian Far East liquefied natural gas project. Rosneft and ExxonMobil intend to finalize project design by the end of 2014, including front-end engineering and design …
Urals Energy: 2013 Half Year Results – Working Capital Turns to Black
Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to announce its half-year results for the six months ended 30 June 2013. Operational Hghlights – Total production at Arcticneft reached 125,651 barrels (H1-2012: 128,249 barrels). – Total production at Petrosakh reached 240,533 barrels (H1-2012: …
Kashagan: Production Halted After Leaking Pipe
Kazakhstan’s giant offshore oilfield Kashagan has halted production for up to four days after an accident, but this will not delay the start of commercial output set for October, Kazakh Oil and Gas Minister Uzakbai Karabalin said on Thursday. It took nearly 13 years and about $50 billion before first …
INPEX Participates in Zapadno-Yaraktinsky Block and Bolshetirsky Block, Onshore Irkutsk, Russian Federation
INPEX CORPORATION is pleased to announce that INPEX and ITOCHU Corporation (ITOCHU) participated in the bid held by Japan Oil, Gas and Metals National Corporation (JOGMEC) for the sale of part of its share (340 shares, 100%) in its wholly-owned subsidiary, Japan South Sakha Oil Co., Ltd. (JASSOC). JASSOC has …
Rosneft Agrees Gas Supplies to Fortum Assets in Russia
Rosneft and Fortum have signed a cooperation agreement on additional gas supplies. The document was signed by Rosneft President and Chairman of the Management Board Igor Sechin and Fortum CEO Alexander Chuvayev. Under the document signed, by December 10, 2013 the parties will agree terms of the gas supply contract, …
Rosneft Agrees Long Term Gas Supplies to Enel Assets in Russia
Rosneft and Enel OGK-5 signed an agreement on the long-term gas supplies to Enel OGK-5 enterprises. The agreement was signed by Rosneft President, Chairman of the Management Board, Igor Sechin and General Director of OJSC Enel OGK-5 Enrico Viale. As part of the agreement Rosneft plans to deliver gas in …
Baker Hughes and CGG Alliance Tackles Shale Resource Challenges
An update on the CGG and Baker Hughes shale alliance announced during the 2012 SEG annual meeting. It is now a year since CGG and Baker Hughes announced that they would enter into a collaborative relationship that could redefine shale reservoir exploitation. Since then CGG has acquired Fugro’s Geoscience division …
Max Petroleum: Successful Well Result at Uytas, Spudding of Wells at Eskene North and Uytas Fields
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce positive drilling results at Uytas, and the spudding of appraisal wells at the Eskene North and Uytas fields. In the Uytas field, the UTS-15 appraisal well successfully reached a total depth of 200 …
Urals Energy: Requisition of an Extraordinary General Meeting Called As Board Battle Hots Up
Urals Energy PCL, the independent exploration and production company with operations in Russia, announces that it has received a notice requisitioning an extraordinary general meeting of shareholders to consider the removal of Andrew Shrager, Alexei Maximov, Leonid Y Dyachenko, Aleksey V Ogarev, Ingeborg Srenger and Stephen Buscher from the board …