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Tatneft Will Help Victims of the Krasnodar Territory

Humanitarian aid collected by the enterprises of TATNEFT Group of Companies and the member companies of the Holding: OAO TANECO, OOO Tatneft-Neftekhim Management Company as well as OOO TagraS-Holding, which unites the companies that provide maintenance services to TATNEFT, went to the Krasnodar Territory on July 12. In these disastrous …

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Exillon Energy plc: Commissioning of Transneft Entry Point

12 July 2012 – 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 the commissioning of its own Entry Point to the Transneft pipeline network. All regulatory approvals have been …

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Novatek reports preliminary operating data for the second quarter and first half 2012

NOVATEK reported preliminary production data for the second quarter and first half 2012. Gross production for the second quarter totaled 14.04 billion cubic meters of natural gas and 1.04 million tons of liquids (gas condensate and crude oil). Gross natural gas production increased by 1.91 billion cubic meters, or by …

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Tethys Petroleum Limited: Appointment of Tethys Vice Chairman to Uzbek-British Trade & Industry Council

Tethys Petroleum Limited is pleased to announce that its Vice Chairman, The Rt. Hon. Peter Lilley M.P., has been appointed as the Co-Chairman of the Uzbek-British Trade & Industry Council (“UBTIC”). UBTIC is a government-sponsored trade promotion body for bilateral economic co-operation. UBTIC comes under the umbrella of the British …

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Heavy Equipment Was Mounted at the Construction Site of the Hydrocracking Installation

Mounting of the circulating gas compressor separator was performed at the construction site of the combined hydrocracking installation of the TANECO Oil Refining and Petrochemical Plants Complex. This is already the third unit of heavy weight equipment mounted during one a half weeks at this facility. The cold high pressure …

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TNK-BP Actively Supporting Olympic Movement in Russia

TNK-BP is actively helping to develop and strengthen the Olympic movement in Russia and providing assistance to athletes preparing to represent the country in the 2012 and 2014 Olympic Games. TNK-BP is actively helping to implement a range of programmes to support athletes, coaches and specialists in the Company’s regions …

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CGGVeritas Provides its Vessel Utilization Update for the Second Quarter 2012

CGGVeritas provides its vessel utilization and its fleet allocation updates for the second quarter of 2012. Vessel utilization for the second quarter 2012:  The vessel availability rate1 was 91%.This compares to a 92% availability rate in the second quarter of 2011 and a 84% rate in the first quarter …

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Dockwise Ltd: Dockwise holding in Fairstar now 95%

Dockwise Ltd, through its wholly-owned subsidiary Dockwise White Marlin B.V., announces that following purchases in the market today it has now acquired 95% of the shares of Fairstar Heavy Transport N.V. Source

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Keppel Kazakhstan and Consortium Partner Secure KFELS B Class Jackup Contract for US$242 million

Keppel Kazakhstan LLP  and its consortium partner Ersai Caspian Contractor LLC, Kazakhstan, have secured a contract from Teniz Burgylau LLP, an indirect wholly-owned subsidiary of JSC NC “KazMunayGas” of Kazakhstan, for a KFELS B Class jackup rig worth US$242 million. Scheduled for delivery in 1Q 2015, the jackup rig will …

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TNK-BP / PDVSA JV in Venezuela Reaches Oil Production Target of 130,000 Barrels per Day

TNK-BP announces that PetroMonagas, a joint venture between TNK-BP (16.7%) and Venezuelan state company PDVSA (83.3%), has increased its production of viscous oil by 11% since the start of the year to the target level of 130,000 barrels per day. The Company is consistently growing its production volumes in line …

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