Rosneft President Igor Sechin Visits London
On 10 June 2013 Rosneft President and Chairman of the Management Board Igor Sechin went on a working trip to London, England. As part of the visit Igor Sechin took part in a bilateral dialogue on energy addressing current issues of the Russian-British cooperation in energy. Additionally, Mr. Sechin had …
Hardbanding Solutions: New Insulation Wraps Protect Drilling Assets By Improving Hardbanding
Hardbanding has been proven to decrease drilling costs and downtime while increasing profitability and productivity. But, if the finished hardband tool joint is allowed to cool too fast, it can seriously damage the structural integrity of the drill pipe or string. To be sure that hardbanding is properly applied, Postle …
Alliance Oil: 67,400 boepd in May
Alliance Oil Company’s preliminary average daily oil and gas production for May 2013 amounted to 67,396 barrels of oil equivalent (boepd)[i]. In May 2013 preliminary average refining volumes at the Khabarovsk refinery amounted to 91,953 barrels of oil per day (bpd). May preliminary operating results: Upstream Boepd —————— Oil 54,400 …
Max Petroleum: Spins Speculative Bit at UTS-8
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-8 appraisal well in the Uytas Field on Block A using Zhanros Drilling’s ZJ-20 rig. The well will be drilled to a total vertical depth of 900 …
SPD and KHMAO Government Signed 2014 Cooperation Agreement
Salym Petroleum Development N.V. (SPD) and the Government of the Khanty-Mansi Autonomous Okrug – Yugra signed a Social and Economic Cooperation Agreement. The document to determine the priority areas and parameters for the development of the partnership between the parties in 2014 was signed by Governor of Yugra Natalia Komarova …
Gazprom Neft: 2012 AGM Results and Board Member Update
On 7 June 2013 Gazprom Neft held its Annual General Meeting of Shareholders, which approved the company’s annual report and financial statements for 2012. In 2012 Gazprom Neft became the leading hydrocarbon producer in the Russian oil industry, reaching volumes of 59.7 million tonnes, 4.3% up on 2011. The company …
Sakhalin Oil and Gas 2013: Confirmed Dates 23-26th of September
The 17th Annual Conference & Exhibition, SAKHALIN OIL & GAS 2013, 23rd – 26th September, Stolitsa Business Centre, Yuzhno-Sakhalinsk, Russia We are keen to share with you the confirmed dates for SAKHALIN OIL & GAS 2013, as I am sure you will want to mark them in your diary! We …
Integra Group Interim Management Statement and Financial Highlights for the 3M 2013
Integra Group released today its Interim Management Statement and unaudited financial highlights for the three months period ended March 31, 2013. The financial data are based on management assessment only and have not been reviewed by external auditors. 3M 2013 Financial Highlights · Sales decreased by 3.8% to US$ 135.5million …
Surgutneftegaz: Production and Drilling Up
In May 2013, Surgutneftegas produced about 5.209 mn tonnes of crude oil, at the previous year level (5.187 mn tonnes). Within the fifth month of the current year, crude output in the Republic of Sakha (Yakutia) reached 606,500 tonnes, a 11% increase from crude output in the region in May …