JSC KazMunaiGas Exploration Production 2012 Financial Results
JSC KazMunaiGas Exploration Production announces its consolidated financial statements for the year ended December 31, 2012. Revenues of 797bn tenge (US$5,346m)1, which is 11% higher than 2011 mainly due to higher export volumes and higher domestic prices. Net profit of 161bn tenge (US$1,079m) and earnings per share of 2,320 tenge …
Oiltech Atyrau Conference returns to West Kazakhstan
The Atyrau Regional Petroleum Technology Conference (Oiltech Atyrau) returns for its 7th edition on 16 – 17 April 2013 at the Renaissance Hotel in Atyrau, Kazakhstan. Oiltech Atyrau is a technical oil and gas conference focusing on multi-billion dollar projects, including the petrochemical plant in Northern Karabatan; developing local content; …
Yury Spektor Promoted to General Director of Gazprom Promgaz
Yury Spektor was elected as Director General of Gazprom Promgaz. Yury Spektor was born in 1960 in Ufa. He graduated from Ufa Oil Institute, majoring in Construction of Gas and Oil Pipelines, Gas and Oil Storages. Yury Spektor is a Doctor of Engineering, Professor. Yury Spektor Between 1981 and 2001 he was engaged in teaching and scientific research in Ufa State Petroleum Technological University. …
Alliance Oil Operational Update for February 2013
Alliance Oil Company’s average daily oil and gas production for February 2013 amounted to 57,790 barrels of oil equivalent (boepd). From February 2013, reported production volumes include consolidated production and equity interests in non-consolidated production. Preliminary average refining volumes at the Khabarovsk refinery amounted to 85,898 barrels of oil per …
Max Petroleum Drilling Update
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-A22 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 1,338 …
Boskalis Acquires EUR 70 Million Dredging Contracts in Australia and Vietnam
Royal Boskalis Westminster N.V. (Boskalis) has acquired dredging contracts in Australia and Vietnam with a combined contract value of approximately EUR 70 million. In Melbourne, Australia, Boskalis has been awarded the dredging contract for maintenance dredging. The contract was awarded by the Port of Melbourne Corporation and is for a …
Exillon Energy: Preliminary Unaudited Results for the Year ended 31 December 2012
Exillon Energy plc, a London listed independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora and West Siberia, today issues its preliminary unaudited results for the year ended 31 December 2012. From the Chief Executive · Production up 45%, exceeding 16,000 bpd in December · EBITDA …
Roxi Petroleum: NK-12 Spudded and Test Flowing at 117 Bopd
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with developments at its Galaz asset. Galaz Well NK-12 was spudded on 23 November 2012 at Roxi’s NW Konys asset (Galaz), where Roxi has a 34.22 per cent interest. Roxi is …
Tatneft: Q1 Figures and Update
Crude Oil Production The amount of 2,000,010 tons of crude oil was produced at the JSC TATNEFT in February with the above-the-plan production in the amount of 51,390 tons. 4 208 954 tons of crude oil were produced during two months with the above-the-plan production amounting to 102,914 tons (102.5 …
Novatek Financial Results: Profit up 22.6% Sales up 9.7%
OAO NOVATEK today released its audited consolidated financial statements for the years ended 31 December 2012 and 2011 prepared in accordance with the International Financial Reporting Standards. Total revenues grew by 20.4% year-on-year to RR 211.0 billion for the twelve months ended 31 December 2012 from RR 175.3 billion in …