Serbia to grant national project status to South Stream
The Serbian government plans to grant a national project status to the construction of the Serbian section of the South Stream gas pipeline before the end of January. The government has already written up a draft law associated with giving the South Stream project the status of a national project,” …
TNK-BP Invests $3 Billion in the Verkhnechonskoe Field Development
TNK-BP informs that the cumulative investment in the development of the Verkhnechonskoe field amounted to approximately 90 billion rubles. In 2012, the Company increased its investment in the project to 18.5 billion rubles, which is 4% higher compared to 2011. The Verkhnechonskoe field is a new hydrocarbons production center in …
Tatneft: Figures Demonstrating Results of Operations in December 2012 and since the Beginning of the Year
Crude Oil Production The amount of 2,206,902 tons of crude oil was produced at the JSC TATNEFT in December or 100.2% versus December 2011. The amount of 26,005,104 tons of crude oil was produced during twelve months, which was 76,609 tons more than in 2011 (100.3%) with the above-the-plan production …
TNK-BP Increased Production in Uvat by 19% in 2012
TNK-BP informs that according to preliminary data TNK-Uvat’s 2012 oil production will amount to approximately 7 mln tons, 19% more than in 2011. TNK-BP has been consistent in implementing a program aimed at the organic growth of hydrocarbons production by 1-2% annually. The fields of the Uvat project make a …
MIEF-2013 attracts the attention of the foreign participants
Today in the work of the MIEF-2013 officially confirmed the participation experts, businessmen and politicians from Algeria, Austria, Germany, Italy, Latvia, Lithuania, China, the USA, France and Japan. International status of the Forum ?Russian Energy and Fuel Complex in the XXI Century? fully confirmed by annual participation of the representatives …
OGP Publishes Revised Versions of Geophysical Position Data Exchange Formats
OGP has formally released revised versions of the former UKOOA (United Kingdom Offshore Operators Association, now Oil & Gas UK) P1, P2 and P6 formats for the exchange of geophysical position data in the oil & gas industry. The new versions provide a genuine standard medium for data exchange, introduce …
TNK-BP to Invest Over $40 Million in Varyoganneftegaz Pipelines Reconstruction
TNK-BP informs that the Company will invest over $40 mln in the implementation of the pipeline replacement program in Varyogannftegaz in 2013. The program includes replacement and reconstruction of more than 90 km of pipelines. TNK-BP takes continuous efforts to ensure pipeline infrastructure integrity; the comprehensive integrity program includes …
LukOil Wins Imilorskoye, West Imilorskoye and Istochnoye Fields
OOO LUKOIL-West Siberia has won the bidding for the use of a subsoil site of federal importance, including the Imilorskoye+West Imilorskoye and Istochnoye fields located in Khanty-Mansi Autonomous District -Yugra. The Company offered a one-time payment for the subsoil use in the amount of RUR 50.8 billion, which amounts to …
LukOIL And Eurasia Drilling Company Sign MOU
Ravil Maganov, LUKOIL First Executive Vice President, and Aleksandr Dzhaparidze, CEO of EURASIA DRILLING COMPANY Ltd. (EDC), signed a Memorandum of Understanding between the companies. As part of the document, EDC will provide LUKOIL with the drilling capacities that are required for the project aimed at additional exploration and development …
Pioneering Centrax Package Powers Versailles
Centrax, the leading UK gas turbine power-generation packaging specialist, has completed one of its highest-profile installations in recent years with the commissioning of its first Siemens CX400 package. This 12MW unit is now meeting 40 per cent of the hot water demand of the French city of Versailles, on the …