Regular Meeting of the Board of Directors of Tatneft
A regular meeting of the Board of Directors of JSC TATNEFT, chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Almetyevsk on May 27, 2013. The Board of Directors meeting reviewed the budget performance of JSC TATNEFT for four months in 2013 and approved the budget …
International Petroleum: Range Resources Loan Cash Due Shortly
Further to the announcements made on 5 April 2013, 19 April 2013 and 26 April 2013, International Petroleum Limited, advises its shareholders that it has, so far, received US$5million of the total US$15million loan funds from Range Resources Limited pursuant to the loan facility. Range Resources Limited has indicated that …
Bashneft commissions a new sulphuric acid alkylation complex
Bashneft has put a complex of sulphuric acid alkylation and sulphuric acid regeneration (SKA-ROSK) units into full operation at the Bashneft-Novoil Branch. An official ceremony held to mark the completion of a large-scale investment project was attended by the Deputy Prime Minister of Russia Arkady Dvorkovich, the President of the Republic of Bashkortostan Rustem Khamitov, the Chairman of the Board of Directors of JSFC Sistema Vladimir Evtishenkov, …
Bashneft closes a US$ 600 million PXF transaction
Bashneft closed a transaction with a group of international banks to obtain a US$ 600 million pre-export financing facility. The Company is raising funds for general corporate purposes. The facility has a three-year tenor and is to be repaid in equal instalments after a one-year grace period. The facility is secured with future revenue from the export of petroleum products for the duration of the facility. The interest rate …
The ROGTEC Interview: Tony Cranny, Regional Manager Russia, Europe and India, DSI PBL
Please describe your position and role within the company. Regional Manager, Russia, Europe (East and West) and India, assisting BD Managers in my areas to grow the business successfully. DSI PBL have been working in Russia now for some years, tell us about your regional growth and how do you …
1st Russian Drilling Contractors Roundtable
A Unique Event Addressing the Key Technology and Purchasing Challenges Facing Russia’s Drilling Companies The 1st RDCR took place on Thursday the 11th April 2013 at the Swissotel Karsnye Holmy in Moscow, and attracted over 200 delegates from Russia’s leading drilling contractors and technology companies from around the world. The …
Rosneft and Venezuelan Corporacion Venezolana del Petroleo Sign Joint Venture Agreement
On May 23, an agreement to create a joint venture to develop heavy oil reserves in Venezuela in the framework of the Carabobo-2 project was signed in Barcelona, Venezuela, by Rosneft and the Venezuelan Corporacion Venezolana del Petroleo (CVP), a subsidiary of PDVSA. The agreement was signed by Rosneft President …
Oil Spill Response at the Prirazlomnoye Field
Marichev Andrey (LLC «Gazprom VNIIGAZ», Moscow region, Leninsky district, Razvilka), Khmarinov Leonid, Efremkin Ivan, Rogozin Maxim (LLC “Gazprom neft shelf”, Moscow) Introduction The Prirazlomnoye oil field is located 60 km offshore in the Pechora Sea,. The field uses «Prirazlomnaya», an ice-resistant stationary offshore platform (IRSP) for drilling, production and oil …
Max Petroleum: Commences Drilling at Uytas North, UTS-5
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 – 5 exploration well in the Uytas North prospect on Block A using Zhanros Drilling’s ZJ – 20 rig. The Uytas North prospect is a …
Alexey Miller: Gazprom is National Leader by Investments in Innovations
Led by Alexey Miller, Chairman of the Gazprom Management Committee the Company’s delegation arrived in Tomsk to take part in the 15th Innovation Forum INNOVUS. Gazprom delegation at 15th Innovation Forum INNOVUS Alexey Miller delivered a speech at the plenary meeting: Alexey Miller “I’d like to point out that Gazprom …