Rosneft President Discusses Bilateral Cooperation With Prime Minister of Iraq
On April 16 Igor Sechin, Rosneft President, Chairman of the Management Board and Sergey Chemezov, Rostec State Corporation Director General held talks with the Iraqi Prime Minister Nouri al-Maliki as part of a working visit to Iraq. During the talks Rosneft offered to conduct technical audit of facilities in operation …
Gazprom Neft begins well tests at Badra oil field in Iraq
Gazprom Neft, the operator of the Badra oil field in Iraq, has begun testing well Bd4. After completion of the first stage of experimental work, the well began gushing at a flow rate of 2000 barrels of oil per day. A total of seven tests are scheduled at the site, …
ECOLAB Closes on Purchase of Champion
Ecolab Inc. announced today that it has closed on its acquisition of Champion Technologies and its related company Corsicana Technologies. 2012 sales of the acquired business were approximately $1.3 billion. The total transaction value, including assumed debt, was approximately $2.3 billion. A trusted partner at more than one million customer …
Rosneft and Marubeni Corporation Sign Memorandum for Cooperation in LNG, Joint Oil and Gas Fields Exploration and Development
On April 17, 2013 Rosneft and Marubeni Corporation signed Memorandum of Cooperation in LNG project implementation and joint exploration and development of oil and gas fields. The document was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Fumiya Kokubu, Marubeni Corporation President and CEO, Member …
New Oilfield Discovered Within Uvat Project
TNK-Uvat has discovered a new Severo-Keum oilfield in Uvat district of Tyumen region. Recoverable C1 and C2 reserves are estimated at 2.4 million tonnes. Commercial oil inflow was received in the exploration well № 64 from BS-8 (neocom) formation on the Severo-Keum license area. The discovery of a new oilfield …
XI Moscow International Energy Forum (MIEF-2013): new impetus for strategic understanding of Russian Fuel & Energy Complex in the future.
XI Moscow International Energy Forum and Exhibition “Russian Fuel & Energy Complex in the XXI Century” (MIEF-2013) have completed its work. More than 1600 delegates participated in the Forum, among them were the foreign representatives and diplomatic missions’ staff from 18 countries, official delegations from 40 regions of the Russian …
Aker Arctic to Design New Icebreaker for the Finnish Government
Today the Finnish Transport Agency signed a contract with Aker Arctic Technology Oy for the design of the new icebreaker for the Finnish Government. Aker Arctic in cooperation with ILS Oy will design the vessel and prepare the technical documents needed to arrange the tender for its construction in compliance, …
TMK took part in Hannover Messe
TMK, a leading global manufacturer of tubular products for the oil and gas industry, took part in Hannover Messe, one of the world’s largest trade fair for industrial technologies. This year Russia was Partner Country of the Fair, arranging an ambitious display, which involved TMK’s stand. The trade fair also …
Proserv Unveils Global R&D Subsea Technology Hub
Rapidly growing international energy services company Proserv has officially launched a global research and development (R&D) hub in Norway to design innovative subsea controls and communications technologies. This new group strengthens Proserv’s evolving international infrastructure in support of its subsea production systems business which includes facilities in the UK providing …
EastSiberian Plc: Farm-in Agreements with East Siberian Resources Have Expired
EastSiberian Plc (“EastSiberian ” or the “Corporation”), an international junior oil exploration company incorporated in the Bailiwick of Jersey, announces that the previously announced Farm-in Agreement with East Siberian Resources Ltd. (“ESR”) expired on March 31, 2013, due to unsuccessful fund raising initiatives. The Company is currently engaged with specific …