Dopeless® Technology Benefits Demonstrated to Customers in Ghana
Tenaris experts offered a presentation of Dopeless® technology, the dry, multifunctional coating; and a practical session at the Baker Hughes facilities in Takoradi. The event, which was held on September 14 and September 17, allowed 11 customers to have a first-hand experience with the technology. The trial featured two 5 …
Rosneft Agrees Heads of Terms with the AAR Consortium
Rosneft confirms that BP, in connection with the sale of its interest in TNK-BP to Rosneft, has waived its right to negotiate in good faith to purchase the AAR consortium’s stake in TNK-BP. This is a step forward in the implementation of the heads of terms, announced earlier today, between …
Rosneft agrees to acquire a 50% stake in TNK-BP from BP
Rosneft today announces that it has entered into an agreement in principle with BP to acquire its 50% interest in TNK-BP in exchange for $17.1 billion in cash and 12.84% Rosneft shares currently held in treasury. In connection with the proposed transaction, BP has offered to purchase from Rosneft’s parent, …
TNK-BP:Statement on the Arrest of Igor Korneev
TNK-BP informs 1. TNK-BP is aware of the detention of Igor Korneev by the law enforcement authorities. 2. I. Korneev has worked for TNK-BP for about three months during which period he was taking over the business and getting acquainted with the industry which was new to him. He was …
Successful completion of CGGVeritas´, Compagnie Générale de Géophysique – Veritas’, €414 million rights offering
The share capital increase through the distribution of preferential subscription rights to existing shareholders launched by Compagnie Générale de Géophysique – Veritas (CGGVeritas) on 26 September to fund the acquisition of the businesses of the Geoscience division (excluding multi clients library and OBN businesses) of Fugro (the “Geoscience Division”) has …
PetroNeft Resources: Update on Arbuzovskoye well No. 102
Further to the operations update on 11 October 2012 PetroNeft Resources plc owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to provide an update on the flow rate achieved from Arbuzovskoye well 102 Highlights: Arbuzovskoye well 102 successfully completed with an initial flow of …
Max Petroleum: BCHW-1 Test Flows at 450 bopd
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces an operational update of its activities in the Blocks A&E Licence area in the Republic of Kazakhstan. Baichonas West The BCHW-1 well at the Baichonas West prospect has begun testing in a Triassic reservoir from …
Schlumberger Announces Third-Quarter 2012 Results
Schlumberger Limited today reported third-quarter 2012 revenue of $10.61 billion versus $10.45 billion in the second quarter of 2012, and $9.55 billion in the third quarter of 2011. www.slb.com
Tethys Petroleum Limited: AKD07 to be Tested
Tethys Petroleum Limited announced that it had reached a Total Depth (“TD”) of 2,750 metres on the AKD07 exploration/appraisal well and has now run the production liner in order to test the Jurassic carbonate zone which appears to be oil bearing from the drilling and wireline log results. The results …
Conductor Installation Services Awarded Contract by Weatherford Kazakhstan
Conductor Installation Services Ltd (CIS), an Acteon company, announced that it has been awarded a USD multi-million contract by Weatherford Kazakhstan to provide conductor-driving services in Kazakhstan. The contract requires CIS to carry out up to eight conductor-driving operations annually on wells offshore in the Caspian Sea for a number …