Tatneft: Ecology Is under Control
To ensure the environmental safety of crude oil production there is a set of technical, technological and organizational measures being implemented at JSC TATNEFT to provide for stable and reliable operation of the oil field facilities. Application of corrosion-resistant pipes as well as the use of inhibitory and electrochemical corrosion …
Max Petroleum: ZMA-E3 Zhana Makat Encounters Hydrocarbons
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the ZMA-E3 development well in the Zhana Makat Field has successfully reached a total depth of 903 metres, encountering hydrocarbons in Jurassic sandstone reservoirs in line with expectations. The Company plans …
Roxi Petroleum: BNG Well 143 Contains 3 Positive Intervals to be Tested
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to provide an operational update on its flagship BNG asset. Well 143 As previously announced, Well 143 was spudded on 1 April 2013, on the MJ-F structure located towards the North of South Yelemes field …
Roxi Petroleum: Recieves $5m under $40m Equity Program
Roxi the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that a further $5.0 million has been called and received under the previously announced $40 million equity commitment with Mr. Satylganov, a Director of the Company. This brings the total called and received …
Tatneft: Figures Demonstrating Results of Operations in June and for Six months of 2013
Crude Oil Production The amount of 2,145,524 tons of crude oil was produced at JSC TATNEFT in June accounting for 100.6 percent versus June 2012. The amount of 12,931,623 tons of crude oil was produced during six months, which was 18,392 tons more than in 2012 (100.1 percent) with the …
Rosneft and PDVSA signed cooperation agreement to implement projects on Venezuelan shelf
On July 2 in Moscow Rosneft’s President and Chairman of the Management Board Igor Sechin and Venezuelan Oil Minister and PDVSA President Rafael Ramirez in the presence of the President of the Russian Federation Vladimir Putin signed a cooperation agreement for implementation of offshore projects in Venezuela. The Agreement provides …
Rosneft consolidated ITERA Oil and Gas Company
Rosneft and members of ITERA Oil and Gas Company LLC inform on the acquisition of the remaining 49% of ITERA Oil and Gas Company LLC from Itera Holdings Limited for USD 2.9 bln. As a result Rosneft increased its share in Itera Oil and Gas Company LLC to 100%. Consolidation …
Meeting dedicated to RAO/CIS Offshore 2013 will be held at the Ministry of Energy of the Russian Federation on the 27th of June.
At the meeting invited the heads of Russian and international companies, representatives of Ministries, Embassies and industry alliances. In addition to general questions about the preparation of the Event at the meeting will discuss the consolidated schedule of meetings of representatives of the Russian ministries with the heads of the …
Jay Hollingsworth Joins Energistics As Its Chief Technology Officer
Energistics, the upstream oil and gas open standards consortium, is pleased to announce that Jay Hollingsworth has joined Energistics as its Chief Technology Officer. In addition to bringing more than twenty years of upstream oil and gas industry experience to the position, Mr. Hollingsworth is also a recognized authority on …
GE Completes Acquisition of Lufkin Industries
• Move Expands GE Presence in Artificial Lift Industry • Offers Solutions for a Wider Variety of Well Types • Improves GE’s Turbomachinery Product Portfolio GE Oil & Gas today announced that it has completed its acquisition of Lufkin Industries, Inc., a leading provider of artificial lift technologies for the …