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WesternGeco Commences IsoMetrix Multiclient Seismic Survey in Barents Sea

WesternGeco today announced that it has begun acquisition of its Ice Bear 2 multiclient 3D survey in the western Barents Sea using its new IsoMetrix* marine isometric seismic technology. The isometric inline and crossline sampling delivered by the IsoMetrix technology will provide high-resolution broadband imaging in this geologically complex area. …

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Vikoma Launches Major New Offshore Oil Recovery Solution at Spillcon 2013

Oil pollution and environmental technology company, Vikoma International Limited, has unveiled the latest addition to its range of class-leading offshore oil pollution recovery systems. The OPRS 300 (Oil Pollution Recovery System) is based upon patented oil-attracting discs which have been proven to collect up to 300 m3 per hour of …

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Gazprom and Gasunie Explore Nord Stream Expansion Project

Today in Amsterdam Alexey Miller, Chairman of the Gazprom Management Committee and Paul van Gelder, Chairman of the Executive Board and President of Gasunie inked a document stipulating cooperation between the companies in exploring the possibilities for the Nord Stream gas pipeline expansion as well as setting up other infrastructure projects in Europe aimed at providing uninterrupted supplies to Northwestern Europe and …

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Gazprom and Shell Agree to Jointly Develop Arctic Shelf and Produce Shale Oil in Khanty-Mansiysk Autonomous Area

Alexey Miller, Chairman of the Gazprom Management Committee and Jorma Ollila, Chairman of the Board of Directors of Royal Dutch Shell signed in the presence of Russian President Vladimir Putin and Dutch Prime Minister Mark Rutte a Memorandum outlining the principles of cooperation within hydrocarbons exploration and development in Russia’s Arctic shelf and a section of deep-water shelf abroad. In foreground: Alexey …

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Gazprom and Shell Agreed to Co-operate in Arctic Offshore and Development of Liquid Rich Shales in West Siberia

Alexey Miller, Chairman of Gazprom Management Board, and Jorma Ollila, Chairman of the Board of Directors of Royal Dutch Shell plc , in the presence of the President of Russia, Vladimir Putin, and Prime Minister of the Netherlands, Mark Rutte signed a Memorandum that sets out the principles of co-operation …

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Tatneft: 2012 Financial Results

OAO Tatneft announces today that it published on its web-site (http://www.tatneft.ru/eng) the audited consolidated financial statements for the year ended 31 December 2012 prepared in accordance with International Financial Reporting Standards and related Directors’ report, incorporating Management Discussion and Analysis of Results of Operations. These are the first consolidated financial …

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CIS Oil & Gas Summit to Provide Key Insights into Developing the Region’s Future

The CIS region has recently seen major changes in the upstream market. Competing pipeline projects have swiftly moved forward or unexpectedly lost investment,  while the most influential contracts in the oil and gas history have been signed. However, with consistent uncertainty in the industry, the CIS Oil & Gas Summit …

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International Petroleum: Secures $15m USD Loan

International Petroleum Limited, an oil and gas exploration and production company with assets in Russia and Kazakhstan, advises its shareholders that it has secured a US$15million loan facility with an unrelated third party (Loan Facility). Pursuant to the terms of the Loan Facility, the Company will have access to US$15 …

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Max Petroleum: Spins Bit at Zhana Makat ZMA-A24

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ZMA-A24 development well in the Zhana Makat Field on Block E using Zhanros Drilling’s ZJ-20 rig. Total vertical depth of the well will be approximately 860 …

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Russian President Vladimir Putin entrusts Gazprom with getting back to Yamal – Europe-2 and gas branch to Kaliningrad Region projects

Alexey Miller Chairman of the Gazprom Management Committee updated Russian President Vladimir Putin on the progress with the Nord Stream and South Stream gas transmission projects. The President tasked Gazprom CEO to get back to developing the Yamal ? Europe-2 and gas branch to the Kaliningrad Region projects. Vladimir Putin …

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