Roxi Petroleum of General Meeting and AGM
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that all the resolutions at the General Meeting, called to approve the BNG farm-out with KNOC and at the Annual General Meeting were carried. Additionally, at the Annual General Meeting, it was reported …
Tatneft: Shareholders’ Meeting Was Held at Nizhnekamskshina
An annual general meeting of shareholders of OAO “Nizhnekamskshina” was held in Nizhnekamsk (Tatarstan) on June 8, which was attended by Rustam Minnikhanov, President of the Republic of Tatarstan, Shafagat Takhautdinov, General Director of OAO TATNEFT, Zagit Sharafeev, Deputy General Director of OAO TATNEFT for Petrochemicals Production – Director of …
Tatneft: Effective Technological Plans for Reservoir Pressure Maintenance
High-performance technological processes of reservoir pressure maintenance (RPM) are introduced at OAO TATNEFT to ensure enhanced crude oil recovery and maintain the production levels achieved and one of such technologies is inter-well pumping (IWP). One of the main advantages of the technology is fast putting into active development the areas, …
Reservoir Group today announces it has created the world’s largest coring provider, through the consolidation of all its coring activities under one brand, Corpro.
The move, which will see nearly half of all core cutting activities within the global energy industry carried out under Corpro, follows the full deployment of the organisation’s game-changing technology, Quick Capture, which has successfully completed a series of commercial jobs across a broad range of applications and geologies. Corpro …
Exillon Energy plc – May Production Reportand Drilling Update
Exillon Energy plc (EXI.LN), 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 May 2012. · Average daily production1 for the Group was 11,320 bbl/day during the period. …
NOVATEK announces share buy back program
NOVATEK (“NOVATEK” or the “Company”) announces today that on 7 June, 2012 the Company’s Board of Directors unanimously approved a buyback program in respect of ordinary shares of NOVATEK (the “Shares) and/or Global Depositary Receipts representing Shares (each GDR representing 10 Shares) (the “Program”) in the aggregate amount of up to 600 million US dollars. The …
Max Petroleum Plc: Operational Update 8 June
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce an operational update of its activities in the Blocks A&E Licence area. Successful Appraisal Well at Asanketken The ASK-J2 appraisal well in the Asanketken Field has reached a total depth of 1,401 …
Dmitry Avdeev Appointed Vice President at Rosneft
Dmitry Avdeev has been appointed Vice President for finance and economics at Rosneft. Mr. Avdeev has spent 17 years working with issues related to the Russian oil and gas industry. In 1995-1998, he served as deputy head of the project finance department at oil company Sidanco, before moving to work …
Independent Non-Executive Director Paul Manduca will leave the KMG EP Board of Directors
Paul Manduca, Independent Non-Executive Director, has notified the Company that he will be stepping down from the Board of Directors and Audit Committee at the end of September this year. This decision follows his recent appointment as Chairman of Prudential. Lyazzat Kiinov, Chairman of KazMunaiGas Exploration & Production, thanked Mr. …
CGGVeritas Announces BroadSeis Award with BroadSource Broadband Source for Johan Sverdrup Discovery in Norway
CGGVeritas announced today that it has been awarded a contract by Lundin Petroleum to conduct a survey of over 2,700 km2 with BroadSeis™, its broadband marine solution, using for the first time its broadband source option, BroadSource™. The survey of the Haugaland High in Quadrant 16 of the Norwegian sector …