J D Neuhaus Purpose Designed Hoists Are Suitable For Heavy Duty Underwater Operation
Lifting and handling products manufactured by the J D Neuhaus company are engineered for performance, reliability and longevity when operating in extreme environments of dirt, dust, high humidity, and even potentially explosive atmospheres. Some of the toughest and more unusual conditions are currently experienced by today’s underwater aquanauts. Divers are …
New Generation 3M Proppants – Applications In Hydraulic Fracturing
Sergey Papkov – 3M Oil&Gas Advanced Application Development Engineer Horizontal wells drilling instead of vertical wells allows to drill directly in the reservoir, wellbore in the productive interval may reach up to 9 kilometers of the horizontal section, thus increasing drainage area several times compared to the vertical wells, drilling …
Rosneft and Russian Geographical Society Launch Elaboration of Program on Arctic Scientific Development
Member of the Rosneft Board of Directors, RF President’s Special Envoy for International Cooperation Representative in the Arctic and Antarctic Artur Chilingarov took part in a meeting of the Arctic Council member states, observer states and representatives of scientific community under the aegis of the Russian Security Council in the …
Surgutneftegas Operating Results for seven Months of 2014
In January-July 2014, Surgutneftegas produced 35,630 thousand tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 4,378.3 thousand tonnes, 5% up versus seven months of the last year. For ten years of operation in Eastern Siberia, oil production reached 30,000 thousand tonnes.In …
Putin Ups Organic Matter Sanction Games
Russian President Vladimir Putin on Wednesday ordered government agencies to ban the import of agricultural and food products from countries that have imposed sanctions due to the crisis in Ukraine. The retaliatory decree, signed by Putin and released by the Kremlin, said food, raw materials and agricultural products would be …
Roxi Petroluem: Issues Shares to Zhanat Bukenova In Return for $500,000 of Debt
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, announces that it has agreed to issue 3,955,438 new Roxi shares in satisfaction of a $500,000 debt. The new shares will be issued to Zhanat Bukenova in return for a loan provided to Roxi in connection with …
LUKOIL Continues Optimization Of Asset Structure In Central Europe
OAO LUKOIL has signed contracts with MOL Plc. and Norm Benzinkút Kft on the sale of assets in the Czech Republic, Slovakia and Hungary. Slovnaft Česká Republica, Spol. S.R.O. (a subsidiary of MOL Plc.) will buy from LUKOIL a network of 44 gas-filling stations located in the Czech Republic’s territory. …
KMG EP: Profit Up Five Fold Due to Foreign Exchange Gains
KazMunaiGas Exploration Production announces its condensed consolidated interim financial statements for the six months ended 30 June 2014. · Net profit for the first six months of 2014 was 210.3bn Tenge (US$1,193m) compared to 38.8bn Tenge (US$257m) in the same period of 2013 largely due to a significant before tax foreign exchange gain as …
Roxi Petroleum: Successful Core Samples at BNG
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with news of the deep discovery at its flagship BNG asset. Background The BNG Contract Area is located in the west of Kazakhstan 40 kilometres southeast of Tengiz on the edge …
Pacific Energy Development: Purchases 5% of Caspain Energy Inc to Enter the Kazak Market
PEDEVCO Corp., Pacific Energy Development, an energy company engaged in the acquisition and development of strategic high-value energy projects in the U.S., today announced that it has entered into a series of agreements pursuant to which the Company has restructured its planned acquisition of indirect interests in production and exploration …