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SURGUT Hosts Annual General Shareholders Meeting on the Year 2012

Having considered all the issues on the agenda, the shareholders approved the annual report and annual financial statements of OJSC “Surgutneftegas”, including the income statement for the year 2012. At the meeting of shareholders, a resolution was made to declare a dividend payment for the year 2012 at the rate …

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Valery Golubev and Nikolai Dubik Re-elected as Members of Gazprom’s Management Committee

The Gazprom Board of Directors held a meeting in absentia. The Board of Directors reelected Valery Golubev, Deputy Chairman of the Management Committee and Nikolai Dubik, Head of the Legal Department as Members of the Gazprom Management Committee for another five-year term starting from April 18, 2013 and from June 16, 2013 respectively. Source: www.gazprom.com/press

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RDCR 2014 & ROGTEC Magazine Exhibit at MIOGE 2013, RDCR Sponsorship Slots Selling Fast

TMG Worldwide, leading publishers and event organisers for the oil and gas sector in Russia, are currently exhibiting both ROGTEC Magazine and the RDCR 2014 at MIOGE. With over 6,000 copies of ROGTEC Magazine being distributed throughout the exhibition, our leading upstream publication is, as usual, the most visible media …

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Cameron and Schlumberger Complete Subsea Joint Venture

Cameron and Schlumberger today announced that OneSubsea, a joint venture to manufacture and develop products, systems and services for the subsea oil and gas market, has received all required regulatory approvals.  The parties will close the transaction making OneSubsea operational on June 30, 2013. Cameron and Schlumberger have 60/40 ownership …

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Record Number of Participants Confirmed for the 12th Edition of the Moscow Refining, Gas & Petrochemicals Week 2013

Euro Petroleum Consultants (EPC) reported a record number of participants and exhibitors already confirmed for the 12th edition of the Moscow Refining, Gas and Petrochemicals Week that will take place in the ultra-luxurious Lotte Hotel in Moscow this September. The Moscow Refining, Gas & Petrochemicals Week is a high-level forum …

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Tatneft Published its IFRS Consolidated Interim Condensed Financial Statements for the First Quarter of 2013

OAO Tatneft published on its web-site the unaudited interim condensed consolidated financial statements for the three months ended 31 March 2013 prepared in accordance with International Financial Reporting Standards   and the related Management Discussion and Analysis of Results of Operations. Selected financial highlights below are based on the respective IFRS …

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Max Petroleum Drilling Update UTS-7 appraisal well in the Uytas Field on Block A

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, today announces that it has completed drilling the UTS-7 appraisal well in the Uytas Field on Block A. The well reached a total depth of 550 metres encountering insufficient hydrocarbons to be commercial and therefore will …

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Max Petroleum Plc Drilling Update

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ZMA-E3 development well in the Zhana Makat Field on Block E using the Zhanros ZJ-30 rig. Total vertical depth of the well will be approximately 860 …

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Smith Bits Releases ONYX 360 Rolling PDC Cutter for Improved Drillbit Durability

Smith Bits, a Schlumberger company, announced today the release of the ONYX 360* rolling polycrystalline diamond compact (PDC) cutter. An industry first, this unique technology enables a PDC cutter to rotate 360° while drilling, significantly improving drillbit durability in abrasive formations and extending drillbit life and footage drilled per run. …

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Alexey Miller and Michael Fallon Address Possibility of Boosting Russian Gas Supplies to UK

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Michael Fallon, Business and Energy Minister of the UK took place today as part of the St. Petersburg International Economic Forum The parties addressed the issues of bilateral cooperation in the energy sector. In particular, Alexey Miller and Michael Fallon discussed the prospects for boosting Russian natural …

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