Tethys Petroleum: Deputy CFO Appointed
Tethys Petroleum Limited today announced the appointment of Denise Lay as Deputy Chief Financial Officer with immediate effect. Denise has been promoted from her previous position of Vice President Finance with the Company as part of the ongoing strengthening of the Company’s finance team. She has worked for Tethys since …
Rosneft President Igor Sechin Starts Working Trip to Sakhalin Region
Igor Sechin, Rosneft President and Chairman of the Management Board started a working trip to Sakhalin Region. As part of the visit he held talks with the region governor Alexander Khoroshavin. The parties signed a cooperation agreement between Rosneft and Sakhalin Region aimed at regulating the parties’ obligations concerning hi-tech …
Gazprom and PricewaterhouseCoopers Discuss Crucial Issues of Cooperation
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Dennis Nally, Chairman of the PricewaterhouseCoopers International Network. The meeting participants pointed out the high efficiency of the joint efforts. The companies had been cooperating for 18 years in financial statements audit and on a wide range of consulting services. Special …
South Stream Construction in Serbia to Start in Late 2013
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Milan Bacevic, Minister of Natural Resources, Mining and Spatial Planning of the Republic of Serbia, Co-Chairman of the Russian-Serbian Intergovernmental Committee on Trade, Economic and Scientific & Technical Cooperation. Belgrade, Serbia The participants of the meeting addressed the status of the …
TATNEFT Continues Rendering Maintenance Services in Turkmenistan to Enhance Oil Recovery
Professionals of TATNEFT Company continue implementation of the contract for rendering services to enhance oil recovery in the south-eastern part of production shop No.4 of NGDU “Goturdepeneft” in Turkmenistan. Over 13,000 tons of crude oil have been additionally produced from the wells put into operation. The purpose of the contract …
Rosneft President Igor Sechin Starts Working Trip to Sakhalin Region
Igor Sechin, Rosneft President and Chairman of the Management Board started a working trip to Sakhalin Region. As part of the visit he held talks with the region governor Alexander Khoroshavin. The parties signed a cooperation agreement between Rosneft and Sakhalin Region aimed at regulating the parties’ obligations concerning hi-tech …
Liebherr Group Achieves Highest Turnover In Its History
Turnover up by more than 9% to 9.1 billion € – workforce increased to 37,800 – investments totalling approximately €840 million World economic development was weaker in 2012 than in the previous year. Although growth was still 3.2 %, the emerging markets’ rates of growth declined as well. The industrial …
Statoil and SOCAR Sign MoU to Explore New Caspian Acreage
Statoil and SOCAR took a step forward in strengthening their cooperation by signing a memorandum of understanding (MoU) to jointly explore and develop the Zafar-Mashal structures in the Azerbaijani sector of the Caspian Sea. The MoU was signed by Statoil chief executive Helge Lund (left) and SOCAR president Rovnag Abdullayev. …
GE to Acquire Lufkin Industries
GE and Lufkin Industries Inc. announced today a joint agreement whereby GE will acquire Lufkin Industries Inc., a leading provider of artificial lift technologies for the oil and gas industry and a manufacturer of industrial gears, for approximately $3.3 billion. Lufkin shareholders will receive $88.50 per share in cash for …
Alliance Oil: Q1 2013 Update
Alliance Oil Company’s total average daily oil and gas production for March and for the first quarter of 2013 amounted to 62,304 barrels of oil equivalent (boepd) and 57,359 boepd respectively. In total, 5.2 million barrels of oil equivalent (mboe) were produced in the first quarter of 2013. Preliminary average …