International Petroleum Starts Drilling at Yuzhno-Sardakovsky
International Petroleum Limited, an oil and gas exploration company with assets in Russia and Kazakhstan, announces that it has commenced drilling Well number 34 at its Yuzhno-Sardakovsky field. In February 2012, the Company completed the acquisition of Vamaro Investments Limited (“Vamaro”), the 100% legal and beneficial owner of two licences …
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 Tatarstan, was held in Almetyevsk on May 25, 2012. The meeting discussed the outcome of the budget execution of OAO TATNEFT for four months of 2012 and approved the budget …
Shell May Join Shtokman Gas Project in Russia’s Arctic
Royal Dutch Shell may join Russia’s Arctic Shtokman gas project, with Gazprom keeping its majority stake, several sources told Reuters on Friday. “Talks regarding Shell’s participation in Shtokman are under way … There are different project configurations under discussion now but Gazprom will keep a 51 percent stake,” a source …
Updated PRODML Specifications Now Available for Public Review and Comment
Energistics and the PRODML Special Interest Group (SIG) invite you to review the PRODML v1.2.2 data schema and v2.1.0.1 Generic Data Access (GDA) Service interface specifications. Changes include: PRODML v1.2.2 Data Schemas The pattern of schemaVersionString was modified to allow the third and fourth digits of the schema version to …
Caspian Energy Inc: Caspian Spuds Follow-Up Well
Subsequent to previous development success, Caspian Energy Inc. (“Caspian”) and partners have initiated drilling of a fifth well, well #306, in the East Zhagabulak field of west-central Kazakhstan. The contract for production of hydrocarbons at the East Zhagabulak field in the Aktobe Oblast is valid for a 24 year period …
Daniel Trad Receives CSEG Technical Achievement Award
Daniel Trad, Research Advisor at the CGGVeritas Calgary processing and imaging center, has been distinguished with the inaugural 2011 CSEG Technical Achievement Award Citation for his work on 5D interpolation. This citation is awarded to an individual who has made an outstanding technical contribution in the field of Canadian Geophysics …
Summary from Alliance Oil Company’s AGM
Alliance Oil Company Ltd’s shareholders gathered in Stockholm yesterday for the Annual General Meeting (AGM). The AGM adopted the income statements and balance sheets for the company and the group. The AGM resolved to re-elect board members Mr Fred Boling, Mr. Arsen Idrisov, Mr. Raymond Liefooghe, Mr Claes Levin, Mr Isa Bazhaev, Mr …
Roxi Petroleum: Operational update
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with operational progress at its Galaz Contract Area. Well NK7, which was spudded on 25 April 2012, reached a total depth of 1,360 metres on 15 May 2012, after which wireline …
Tatneft’s ECU Projects Were Highly Commended at the Silicon Valley
The OAO TATNEFT’s innovative projects in e-learning: “Electronic Corporate University” of OAO TATNEFT (ECU) and “Students’ Labor Exchange” received a high appraisal at the Silicon Valley, USA. The “ECU” and “SLE” portals’ projects were presented at the Menlo Park (California) by Svetlana Garayeva, a member of the Electronic Corporate University …
Igor Sechin Appointed President of Rosneft
Rosneft’s Board of Directors has voted unanimously to appoint Igor Sechin President of the Company. A corresponding directive has been signed by Russian Prime Minister Dmitry Medvedev. Mr. Sechin thanked Eduard Khudainatov for his work as President of the Company and announced Mr. Khudainatov’s appointment as First Vice President and …