Dockwise to review merits of intended offer Boskalis
Dockwise Ltd. confirms it has received an unsolicited intended offer from Royal Boskalis Westminster N.V. (‘Boskalis’) for the acquisition of all outstanding shares of Dockwise at an offer price of EUR 17.20 per share cum dividend. The intended offer by Boskalis is subject to certain specified and unspecified conditions. The …
Regal Petroleum plc: Ukraine Operations Update
Regal Petroleum plc (AIM: RPT), the AIM-listed oil and gas exploration and production group, is pleased to announce the initial test results from the SV-53 well, together with an update of other operational activities at its 100% owned and operated Mekhediviska-Golotvshinska (MEX-GOL) and Svyrydivske (SV) gas and condensate fields in …
Max Petroleum: Debt Restructuring
Max Petroleum, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce today its intention to implement a refinancing and a comprehensive restructuring of its outstanding debt facilities (the “Restructuring”). The terms of the Restructuring, which comprise the refinancing of the Company’s existing senior credit …
Alexey Miller and Yury Boiko discuss uninterrupted transit of Russian gas in autumn/winter period
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Yury Boiko, Ukrainian Energy and Coal Industry Minister. The meeting regarded the prospects for strategic long-term cooperation. The parties also discussed the issues related to uninterrupted transit of Russian gas via Ukraine to Europe in the current autumn/winter period. …
Tatneft Is among the High Social Efficiency Enterprises
TATNEFT was named among the winners of 2012 based on the results of the republican stage of the All-Russian contest “Russian organization of high social efficiency”. The Company won the first place in the category “For participation in solving social problems of areas and development of corporate philanthropy”. The …
Trading and Purchasing Facility of Tatneft Increases the Procurement Efficiency
So far there are 5,342 supplier companies registered as part of creating an electronic trading system of procuring material and technical resources for the enterprises of TATNEFT Company. As of November 19 of the current year the Logistics Department (UMTO) of the Company carried out 1,220 two-stage procurement procedures …
TNK-BP and Weatherford Achieve 15% Increase in Efficiency of Drilling Complex Wells
TNK-BP announces that OJSC Orenburgneft (a member of the TNK-BP Group of Companies) jointly with leading global oil field services company Weatherford has successfully completed a pilot project to deploy a motorized drilling system called MotarySteerableSystem (MSS), which will help achieve a 15% efficiency gain when drilling wells with complex …
TNK-BP to Invest over $170 Million in Developing Brownfields using “Smart Field” System by 2016
TNK-BP announces that by 2016 it will invest over $170 million in an integrated program of automation and optimization of production at the Company’s mature fields. The “smart field” program involves the deployment of high-tech automated well control systems at TNK-BP’s brownfields. International experience shows that in certain cases …
Petrofac’s Sakhalin Training Centre Gains Opito Accreditation
Petrofac Training Services, a leading provider of training and consultancy solutions to the global energy industry, has achieved OPITO accreditation at its state-of-the-art base on Sakhalin Island. The Sakhalin Technical Training Centre (STTC) is now the only OPITO approved centre to offer OERTM, CASS and Escape Chute training in Russia. …
Rosneft and Statoil Sign Declaration on Russian Arctic Shelf Environmental Protection
Rosneft President and Chairman of the Management Board Igor Sechin and President and CEO of Statoil Helge Lund today signed a Declaration on Protection of the Environment and Biodiversity for Oil and Gas Exploration and Development on the Russian Arctic Continental Shelf. Acknowledging that the Arctic environment consists of ecosystems …