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Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee took part today in the naming ceremony for a liquefied natural gas (LNG) carrier in the city of Jinhae (South Korea). The vessel with a cargo capacity of 170.2 thousand cubic meters was named Pskov. Equipped with a specialist diesel-electric drive, Pskov is among the most efficient and eco-friendly LNG tankers …

RPI, a leading provider of research on the energy sector of Russia, the Caspian region, Central and Eastern Europe, would like to bring to your attention Scenarios for Development of Russian Oil and Gas Production in the Mid-Term Amid New Economic and Geopolitical Realities research study. Economic and geopolitical risks continue to exert …

C.A.T. oil AG,one of the leading providers of oil and gas field services in Russia and Kazakhstan, significantly boosted its earnings and profitability in the second quarter of the year. Despite the increased political uncertainties, C.A.T. oil experienced a very strong upturn in customers’ demand for its services and further …

As part of a large-scale summer Arctic research expedition “Kara-Summer – 2014” a meteorological station was installed that meets the latest modern requirements for such equipment, on the island of Uedinenie. Thus, the expedition organized by the “Arctic Research and Development Center” (a joint venture of “Rosneft” and ExxonMobil), with …

First shale-specific software to offer an end-to-end workflow from exploration to production Schlumberger announced today the release of Petrel Shale, a customized user interface and toolset engineered for exploiting shale resources. Scalable and straightforward to deploy, Petrel Shale is designed to optimize operations to increase capital efficiency. “Integration of shale …

Cadogan Petroleum plc, an independent oil and gas exploration, development and production company with onshore gas, condensate and oil assets in Ukraine, announces its unaudited results for the six months ended 30 June 2014. – Significant, further reductions to the Company’s cost base to maintain financial strength pending results from …

Ruspetro plc is pleased to announce that Limolines Transport Limited has today extended a short-term unsecured loan of US$10 million to the Company at an annualised rate of 14 per cent for a term of six months (the “Loan”) The funding allows the Company to continue the operational momentum gained since spudding …

Tatneft announces today that it published on its web-site (http://www.tatneft.ru/?lang=en) the unaudited consolidated interim condensed financial statements for the three and six months ended 30 June 2014 prepared in accordance with International Financial Reporting Standards (“IFRS”) (the “Financial Statements”) and related Management Discussion and Analysis of Results of Operations (the …

Quanta Geoservice enables geoscientists to confidently model reservoir distribution Schlumberger today launched the Quanta Geo* photorealistic reservoir geology service at the Offshore Northern Seas Annual Conference and Exhibition. The new service includes the industry’s first microresistivity imager that produces oriented, photorealistic, core-like images of the formation in wells drilled with …

ERIELL Group has completed works under the Northgas project at the North Urengoy OGCF (Severo-Urengoyskoye OGCF) having successfully drilled six producing directional wells with horizontal section. In total, 25,467 m were drilled. In February 2013, ERIELL was elected general contractor under this contract. The works were performed on a “turnkey” …