International Petroleum: Extends Alakol Project by 2 Years
International Petroleum Limited, advises its shareholders that , along with its 50% partner, it has signed a contract to extend its rights to explore for hydrocarbons in an area covering 24,649 km² in eastern Kazakhstan ( Alakol Project ) by two years from 28 May 2013 to 28 May 2015 …
Russian gas supplies to China to be priced without linkage to Henry Hub
The Gazprom headquarters hosted yesterday evening a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Zhou Jiping, President of China National Petroleum Corporation (CNPC). The parties addressed issues related to the conclusion of a long-term contract for Russian gas supplies to China. The contract is planned to be signed before this year-end. “The price of gas to be supplied to China …
Igor Sechin Takes Part in SARAS Board of Directors
Following Igor Sechin’s acceptance of the role of Director in the Saras’ Board, as per his nomination on the 14th May 2013, yesterday Saras S.p.A. held a Board of Directors’ meeting during which Igor Sechin, who participated in video conference from Moscow, was introduced to all the other Directors and …
CETCO Oilfield Services Appointments New Manager to Help Further Boost International Successes
CETCO Oilfield Services, produced water and production services specialists for the oil and gas industry, has further expanded its team with the recent appointment of Chris Higgins as projects engineering manager. The newly created role was developed to help increase revenues in the European and Middle East and North Africa …
Liebherr Delivers Heavy Lift Offshore Crane for New Installation Vessel “Vidar”
In June, components weighing up to 420 tonnes each for Liebherr’s new heavy lift offshore crane CAL 45000-1200 Litronic were loaded from Liebherr MCCtec Rostock GmbH onto two ships in the port of Rostock. These components were subsequently transported to the Crist shipyard in the Polish town of Gdynia. There, the …
Tethys Petroleum Limited: Kazakhstan Operation Plans
Tethys Petroleum Limited, the oil and gas exploration and production company focused on Central Asia, today announced its work programme in Kazakhstan for the second half of 2013. Forward Work Programme: • AKD08 (“Doto”) Exploration well to spud in early August • Further oil exploration wells planned after Doto results …
Max Petroleum: Zhanros Spins Bit at UTS-7
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the UTS-7 appraisal well in the Uytas Field on Block A using Zhanros ZJ-20 rig. The well will be drilled to a total vertical depth of 550 metres …
Cadogan Petroleum plc: Joint Venture with Oil and Gas Management Services Group
Cadogan Announces Joint Venture with Oil and Gas Management Services Group Cadogan is pleased to announce that it has today signed a non-binding Memorandum of Understanding (“MoU”) and a Secured Loan Agreement (the “Loan”) with Oil and Gas Management Services Limited. OAGSG, which operates the largest Oil Country Tubular Goods …
Gazprom Keeps “Optimizing” the Shtokman Field Development Project
The Gazprom Board of Directors took note of the information concerning the progress with the Shtokman gas and condensate field development project. It was emphasized that the design and survey operations for the offshore infrastructure and the marine port with LNG storage facilities were to be completed between late 2013 and early 2014. The devised documents …
TGS Commences 3D Multi-client Electromagnetic Survey in the Barents Sea
TGS in partnership with Electromagnetic Geoservices ASA (EMGS) have signed an agreement to jointly invest in a 3D electromagnetic (EM) multi-client survey covering 11 blocks, or approximately 3300 km2, in the Hoop area of the Barents Sea. The 3D EM data is being acquired by the M/V Atlantic Guardian. Data …