Exillon Energy plc: July Production Report and Drilling Update
Exillon Energy plc, a London Premium listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce unaudited production data for the month of July 2012 (“the Period”). · Average daily production[1] for the Group was 12,330 bbl/day during …
Rosneft: Growth of Hydrocarbon Production by 2.5%, Free Cash Flow of 25 Billion Rubles for Q2 2012
Rosneft published its consolidated IFRS financial results for Q2 2012 and H1 2012. Key financial and operating results H1 2012 H1 2011 Change, % Q2 2012 Q1 2012 Change, % Operating results Hydrocarbon production (th. boepd) 2 628 2 565 2,5% 2 621 2 634 (0,5)% Crude oil production (th. bpd) 2 410 2 362 2,0% …
TNK-BP invites contractors to discuss high-tech equipment deliveries for major projects
TNK-BP will hold a discussion with contractors on the logistics of importing high-tech equipment for the Company’s major projects, aimed at achieving greater efficiency and pricing transparency. TNK-BP is one of the biggest consumers of logistical services, spending around $24 million on freight forwarding services for high-tech equipment in 2011 …
Sepura appoints new Senior VP to lead its Sales & Marketing strategy
Sepura is pleased to announce that Guy-Franck Nakach has joined as Senior VP – Sales and Marketing. Previously at Psion, where he held a number of senior sales and marketing roles, Guy-Franck will lead the company’s sales and marketing strategy. During his career, Guy-Franck has developed a wealth of experience …
FMC Technologies Announces Executive Appointments
FMC Technologies, Inc. announced today that Robert L. Potter has been appointed President of the company. Potter assumes this responsibility from John T. Gremp who remains Chairman and Chief Executive Officer (CEO). “Bob is an experienced and well-respected leader with a deep understanding of our markets and technologies,” said Gremp. “He has been integral …
Caspian Oil & Gas Limited: June 2012 Quarterly Activity Report
Perth-based exploration company Caspian Oil & Gas Limited (ASX: CIG) reports its activities for the June 2012 quarter. Highlights In line with the Company’s strategy of assessing new opportunities and following a period of due diligence, Caspian Oil & Gas has entered into a Heads of Agreement for the purchase of …
Spectraseis and Calmena Launch Integrated Microseismic Fracture Monitoring Services in Canada
Calmena Energy Services Inc. (“Calmena”) (TSX:CEZ) and Spectraseis announce agreement to jointly provide microseismic acquisition, imaging and advisory services in Canada. The agreement combines Calmena’s strengths as an experienced downhole microseismic wireline and well services provider with Spectraseis’ industry-leading data acquisition and microseismic imaging and interpretation capabilities to deliver seamless …
BP Second Quarter 2012 Results
BP today reported its quarterly results for the second quarter of 2012. Underlying replacement cost profit for the quarter, adjusted for non-operating items and fair value accounting effects, was $3.7 billion, compared with $5.7 billion for the same period in 2011 and $4.8 billion for the first quarter of 2012. …
Regular Meeting of Tatneft Board of Directors Was Held
A regular meeting of the Board of Directors of OAO TATNEFT chaired by R.N. Minnikhanov, President of the Republic of (Republic of Tatarstan) on July 30, 2012. The meeting discussed the outcome of the budget execution of OAO TATNEFT for the first half of 2012 and approved the budget for …
Vietnamese President Truong Tan Sang visits Gazprom headquarters
The Gazprom headquarters hosted today a working meeting between Truong Tan Sang, President of the Socialist Republic of Vietnam and Vitaly Markelov, Deputy Chairman of the Company’s Management Committee. The parties discussed a wide spectrum of issues surrounding the Russian-Vietnamese cooperation in the energy sector. In particular, they lauded the projects of Gazprom Group and Petrovietnam being executed within the Vietgazprom …