Alliance Denies in Talks with Rosneft Over Oil Assets
Alliance Group, a shareholder in mid-sized Russian oil and gas company Alliance Oil, denied reports that it was in talks over a sale of assets to state-controlled oil major Rosneft. Russian newspapers Kommersant and Vedomosti said this week that Rosneft or its first vice-president Eduard Khudainatov acting alone were considering …
TMK Announces 1H 2013 Operational Results
TMK, a leading global manufacturer and supplier of steel pipes for the oil and gas industry, announces its operational results for the first half of 2013. 2Q 2013 and 1H 2013 Highlights: • TMK shipped a total of 2,140 thousand tonnes of steel pipe to customers in the first half …
Gazprom Neft’s environmental management system meets requirements of international standard ISO 14001:2004
Having successfully passed a certification audit, Gazprom Neft’s environmental management system has been found to meet the requirements of the advanced international standard ISO 14001:2004. What the ISO 14001:2004 is designed to do is to streamline management and production processes in such a way so as to minimize the company’s …
Tatneft’s Projects Implementation in Nizhnekamsk. Half Year Results
The works are now actively underway at the combined hydrocracking installation of the “TANECO” Refining and Petrochemical Plants Complex in Nizhnekamsk on the individual testing of the piping and equipment of the hydrocracker and hydrogen production sections, water block No.2 and interplant piping racks. The implementation results of this and …
International Petroleum: Seeks Russian Asset Sale
International Petroleum Limited announces that it is in discussions with a third party concerning a potential sale of its Russian assets for cash consideration to accelerate the resolution of its indebtedness position and finance its exploration for oil and gas and working capital . On 24 April 2013 , Range …
Regular Meeting of Tatneft’s Board of Directors Was Held
The regular meeting of the Board of Directors of JSC TATNEFT chaired by Rustam N. Minnikhanov, President of the Republic of Tatarstan was held in Kazan (Republic of Tatarstan) on July 23, 2013. The meeting reviewed the budget performance of TATNEFT in the first half of 2013 and approved the …
Establishment of a Joint Venture Between Weatherford and BENZ, a part of Runaсo Group
On July 23, 2013 Bugulma (The Republic of Tatarstan) hosted the opening ceremony of the joint venture between Weatherford and Bugulma Electric Pump Plant at the plant’s premises. Rustam Minnikhanov, President of the Republic of Tatarstan, Ildus Kasymov, head of the municipal district of Bugulma, Bugulma Mayor, Dean Kaminski, Vice …
KMG EP: First Half 2013 Results – Production at OMG Up 9%
JSC KazMunaiGas Exploration Production announces its operating results for the first half of 2013, results of the ongoing Modernisation Programme, operating results of two new servicing companies, drilling results at Fedorovskiy block and start of Trial Production at Liman block. Highlights: – In the first half of 2013 KMG EP …
Max Petroleum: Uytas Field Contiunes to Show Pay Zones
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the UTS-10 appraisal well in the Uytas Field has successfully reached a total depth of 484 metres, with electric logs indicating a total of nine metres of net oil pay in …
Geotech Holding And Novatek Signed An Agreement For Seismic Exploration Using UniQ Technology
IG Seismic Services PLC, the leading pure – play land and transition zone seismic company in Russia and the CIS and one of the largest land seismic companies globally, announces that GEOTECH Holding CJSC and NOVATEK OJSC signed an agreement for seismic exploration works, using UniQ technology. GEOTECH Holding CJSC …