Rosneft President on a Business Trip to Republic of Belarus
On a business trip to Belarus, Rosneft President and Chairman of the Management Board Igor Sechin met President of Belarus Aleksandr Lukashenko. The parties have confirmed mutual interest to furthering business relationship between the largest Russian oil company and the Republic of Belarus and discussed a variety of matters regarding …
RDCR 2014: Event and Website Launch
TMG Worldwide is proud to officially launch the 2nd RDCR, to be held in Moscow on the 26th & 27th March 2014. The new website is also now live and can be seen at www.rdcr.net. Due the success of the event this year, The RDCR 2014 is already sold out …
Tethys Petroleum: Steve Elliot Appointed VP for Project Development
Tethys Petroleum today announced the appointment of Stephen Elliott to the position of Vice President Project Development. Steve has been with the Company since April 2009. In his new corporate role, Steve will now have overall responsibility for Tethys’ operated projects at the project stage in all countries of focus. …
Shelton Petroleum: Numbers Dip Due to Frac Program
Shelton Petroleum’s total oil production in August 2013 amounted to 16,190 barrels, equivalent to 522 barrels per day. The previously announced fracking program of well RS#1 and the new well #11 on the Rustamovskoye oil field in Russia was commenced in August. During fracking, the wells are taken out of …
Kashagan: On September 11th, 2013 The First Barrels Of Oil Were Produced From Some 4,200 Metres Below The North Caspian Sea.
After years of construction the gigantic Kashagan field is now entering production mode. At peak time more than 42,000 people were involved in realising the world’s biggest and one of the most complex industrial projects. Once Kashagan Phase 1 has reached the production levels it was designed for, each minute …
PetroNeft Resources: Production Steady at 2,500 bopd
PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce an operations update in advance of today’s Annual General Meeting of hareholders. Highlights – Production steady at 2,500 bopd – Beginning to see positive impact of pressure maintenance at Arbuzovskoye – Strong realised …
OGP to Drive Earth Observation Uptake in the Industry
The International Association of Oil and Gas Producers has set up a new body with the goal of increasing the industry’s use of Earth satellite and airborne imagery, a key tool that will improve emergency response and also make exploration and production more efficient. Satellite and airborne imaging of the …
Rolls-Royce Wins Us$175m Contract To Power Kazakhstan-China Natural Gas Pipeline
Rolls-Royce today announced a $175 million contract to supply Asia Gas Pipeline LLP (AGP) with equipment and related services to power the flow of natural gas through Kazakhstan’s Line C Gas Pipeline, part of the vast 1,833km long Central Asia-China Gas Pipeline network. Rolls-Royce will supply AGP, a joint venture …
Tatneft: Daily Production at the Ashalchinskoye Field has Reached 500 tons
The daily production at Ashalchinskoye extra-viscous oil field of TATNEFT has reached a level of 500 tons. The target of commercial extra-viscous oil (EVO) field development at the Company is the Sheshminsky horizon of the Ufa Stage. Development of Ashalchinskoye EVO field has been carried out by “Nurlatneft” Oil and …
Tethys Petroleum: Chegara Presidential Decree Issued
Tethys Petroleum is pleased to announce that it has received final presidential approvals for the Production Enhancement Contract (“PEC”) for the Chegara Group of Oilfields in southern Uzbekistan. According to the Decree of the President of the Republic of Uzbekistan No. PP-2025 “On measures to enhance oil production from the …