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The General sponsor of RAO/CIS Offshore – Wintershall

Germany’s largest oil and gas company – Wintershall, has confirmed its participation as a general sponsor of the 11th International Conference and Exhibition for Oil and Gas Resources Development RAO/CIS Offshore 2013. This year RAO/CIS Offshore to be held on September 10-13, at Lenexpo. Reference: WINTERSHALL, based in Germany, is …

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Harkand, New Name in Subsea Inspection, Repair and Maintenance Rises

A new subsea oil and gas group, Harkand, chaired by oil and gas industry veteran Tom Ehret, is launching today with an ambition to grow to a turnover of $1 billion in the next five years. Following investment by Oaktree Capital Management in Iremis, Integrated Subsea Services (ISS) and their …

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2013 Brings New Contracts and Senior Appointments at ROVOP

Rapidly growing and award winning subsea specialist ROVOP has made a strong start to 2013 after expanding its management team and signing £3.5 million of contracts in January alone. The company, which provides subsea remotely operated vehicle (ROV) services, has bolstered its management team with the appointment of Moray Melhuish …

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Dmitry Lyugai elected as Member of Gazprom Management Committee

The Board of Directors elected Dmitry Lyugai as a Member of the Gazprom Management Committee for a five-year term. Dmitry Lyugai Enlarge photo (JPG, 1 MB) At the same time, the Board of Directors terminated the authority of Vlada Rusakova as a Member of the Company’s Management Committee. Source

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Wellook Implements WITSML Open Data Exchange Standard

Drilling a well is a costly process, with a high element of risk that requires strict monitoring. Controlling cost and minimizing risk is possible only with reliable, unbiased, and real-time information.  A number of drilling process control systems developed in the 1990’s in the Russia Federation specifically used a set …

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Eurasia Drilling’s EDC Neptune Being Delivered by Blue Water Energy from Lamprell Energy

Following a successful delivery of the EDC Neptune from UAE to Russia in 2012, Lamprell Energy has again selected Blue Water Shipping as their transport partner to deliver a LeTourneau S116E jack-up rig from their Hamriyah yard to Russia. “We selected Blue Water Shipping due to their competitive bid, but …

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Board of Directors of Lukoil approved lists of candidates for election of the Board of Directors and the Audit Commission

The Board of Directors of OAO LUKOIL approved lists of candidates for election of the Board of Directors and the Audit Commission at the 2013 Annual General Shareholders Meeting.   The list of candidates is based on the nominees put forward by shareholders who own at least two percent of the voting …

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TNК-ВР Identifies Best HSE Projects for 2012

ТNК-ВР has announced the best Health, Safety and Environment (HSE) projects, which became the winners of the annual TNK-BP Board of Directors Chairman’s Award for 2012. TNK-BP operates in accordance with the best international HSE standards and pays special attention to supporting the employees’ projects aimed to improve the environmental …

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Bashneft announces preliminary results for 2012

Bashneft crude oil production rose 2.2% year-on-year to 15 437 thousand tons in 2012 (112 690 thousand barrels)*. Average daily crude oil production amounted to 42.2 thousand tons per day (308.1 thousand bbl per day). Thus, by the end 2012 Bashneft retained its leading position in Russian O&G industry, not …

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Russian Prime Minister Signs Government Order to Transfer 12 Russian Offshore Acreages to Rosneft

Russian Prime Minister Dmitry Medvedev has signed an order transferring the rights to develop 12 acreages on the Russian continental shelf to Rosneft. The order gives Rosneft the right to use 12 subsoil acreages located in the Barents Sea (Severo-Pomorsky-1, Yuzhno-Prinovozemelsky, Zapadno-Prinovozemelsky, Zapadno-Matveevsky and Russky), Kara Sea (Severo-Karsky), Chukchi Sea …

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