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Alexey Kurach to leave the post of Chief Financial Officer of Bashneft

Alexey Kurach, Bashneft’s Vice-President for Economics and Finance and Chief Financial Officer, will leave his post on March 29, 2013. The relevant decision was approved yesterday by the Company’s Board of Directors. ‘The Board of Directors would like to express profound gratitude to Alexey Kurach for his enormous contribution to the Company’s success during the four years for which he held the …

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Deputy Mayor of Moscow in the Moscow Government on matters of economic policy Andrey V. Sharonov has officially confirmed the participation in the activities of the Forum “Russian Fuel and Energy Complex in the XXI century”.

Andrey V. Sharonov, Deputy Mayor of Moscow in the Moscow Government on matters of economic policy, has  confirmed the participation the official letter in the events of the XI Moscow International Energy Forum “Russian Fuel and  Energy Complex in the XXI century” of the Department of Fuel and Energy Economy …

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TatNIPIneft and KNITI VT Develop New Technology for the Prevention and Formation of Scale and Sludge

Testing of a device for electromagnetic water treatment to prevent formation of scale and sludge on heat transfer surfaces has been successfully completed at “Tatneftegazpererabotka” Administration. Water treatment methods with application of chemicals in water recycling supply involves high material costs and they do not completely prevent deposits formation. For …

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Rosneft Appoints Managers to the Integrated Company

Igor Sechin, Rosneft President and Chairman of the Management Board, appointed managers to key positions in the integrated company: Olga V. Malyshkina – Rosneft Central Tender Committee Chair, Director of Procurement Department in the rank of Vice President; Andrey Lazeev – Vice President, Chief Geologist (Exploration & Production); Eric Moris …

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TMK IPSCO Opens New Premium Facility in Canada

TMK IPSCO, the North American division of global pipe manufacturer TMK, has opened a new pipe threading and service facility in Edmonton, Alberta, Canada. Located in neighboring Sherwood Park, the plant will supply the full line of ULTRATM premium connections on pipe and accessories to TMK IPSCO’s growing customer base …

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Schlumberger Launches New Ultrahigh-Temperature Downhole Reservoir Testing System

Quartet-HT system offers high-resolution pressure measurements and representative fluid samples for high-performance reservoir testing Schlumberger announced today the launch of the Quartet-HT* high-performance downhole reservoir testing system. This latest addition to the Schlumberger portfolio of reservoir characterization services delivers high-quality measurements and reservoir-representative fluid samples with increased safety and efficiency …

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Schlumberger Introduces New Real-Time Coiled Tubing Pipe Inspection System

CoilScan minimizes nonproductive time by identifying coiled tubing pipe defects Schlumberger announced today the introduction of the CoilScan* real-time coiled tubing (CT) pipe inspection system. The system minimizes nonproductive time (NPT) by providing real-time pipe inspection during intervention operations to identify CT pipe defects prior to entry into the wellbore. …

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Zenith Oilfield Technology Makes Two Key Appointments

Zenith Oilfield Technology has announced two new appointments to develop and support the company around the globe. The positions have been selectively filled from within a loyal and capable team to align the company for continued growth following acquisition by Lufkin Industries last year. Steve Beattie has been appointed as …

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International Petroleum: Acquisition of New Exploration Licence, The Yanchinsky Project

International Petroleum Limited, an oil and gas exploration and production company with assets in Russia and Kazakhstan, is pleased to announce that its wholly-owned subsidiary company, Yuzhno-Sardakovskoye LLC, has acquired a 100% ownership interest in an exploration licence over the Yanchinsky block for the geological study of subsoil and prospecting …

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Gazprom: Gas Supply Payment Regulation in Need of Improvement

The Gazprom Management Committee took notice of the information on developing the Russian gas market and enhancing the payment discipline. It was noted that over several years the regulated prices for gas supplied by Gazprom to the domestic market had not secured enough investments needed for developing and upgrading gas production storage and transmission facilities. In addition, new approaches to gas taxation complicate the matter as they …

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