Sakhalin Oil and Gas 2012
16th Annual Conference & Exhibition SAKHALIN OIL & GAS 2012 will take place on 24 – 27 September 2012 in Yuzhno-Sakhalinsk. This conference is the premier annual gathering for the oil & gas industry in Russia’s Far East. The event sold out last year, with more than 400 delegates attending from 20+ countries, so make …
TNK-BP Implements an Intellectual Production Management System Companywide
TNK-BP is getting ready for implementation of an oil production automated remote control system known as ‘Intellectual Field’, which has proven to be effective in West Siberia, across the entire company. Since mid-2010 the Company has been applying intellectual control systems for managing artificial lift wells and monitoring operation parameters …
TNK-BP Discussed Its Land Remediation Program with Independent Ecologists
TNK-BP discussed remediation of lands in the company’s fields with independent environmental protection organizations. The round table was participated by representatives of the World Wildlife Fund (WWF), Greenpeace, Russian Union for Conservation of Birds, environmental protection organization Transparent World, and Public Environmental Supervision Organization of the Khanty-Mansi Autonomous Area (Yugra), …
Gazprom Neft: Q1 Unaudited Results – Revenue up 19.8% Profit Up 21%
Gazprom Neft has published its unaudited consolidated financial results in accordance with International Financial Reporting Standards (IFRS) for the period ended 31 March 2012. The Company’s performance improved substantially in 1Q 2012 compared to 1Q 2011 due to higher crude and petroleum product prices, increase in hydrocarbon production, oil refining …
Alliance Oil: Revenues up 20% Profit up 57%
The first quarter of 2012 was positive both in terms of the macro environment and the performance of the Company’s upstream and downstream segments. The price of Urals increased by 7.5% quarter-on-quarter. The Russian Rouble strengthened against the US Dollar by 3.1%. Alliance Oil Company’s average daily oil production amounted …
SGS Named by Saipem for Inspection and Expediting Services
SGS was awarded an inspection and expediting services contract by Saipem in February 2012. SGS, the world’s leading inspection, verification, testing and certification signed a service agreement dealing with comprehensive inspection and expediting services for various on- and off-shore projects under the direction of Saipem. The agreement, signed in February 2012, …
TNK-BP Presented Its New Industrial Safety Improvement Program to World’s Leading Experts
TNK-BP has developed a comprehensive program for integrating the safe operation culture aimed at mitigation and elimination of industrial and environmental risks. Elena Kompasenko, Vice President, Health, Safety and Environment, TNK-BP, presented this large-scale project to participants of the International HSE Excellence Europe Forum 2012 in Rome. The safe operation …
Cadogan Petroleum: Interim Management Statement
Introduction Cadogan published its financial report for 2011 on 30 April 2012. Financial position At 17 May 2012 the Group had current cash and cash equivalents of approximately $56.6 million. Operations The Group continues to operate safely and efficiently throughout the period. The Group spudded a 5,160 metres …
Tatneft Has Updated Its Health, Safety and Environmental Policy
The updated Health, Safety and Environmental Policy have been approved at OAO TATNEFT, which includes two versions – in the Russian and English languages. The work in the field of industrial health and safety and prevention of occupational injuries in the Company is performed in compliance with the corporate regulations and …
TNK-BP Management’s Delegation Participates in NEFTEGAZSTROY-2012
TNK-BP Management’s delegation will take part in the Second Annual Conference NEFTEGAZSTROY-2012, which is to be held on May 22 in the Radisson-Slavyanskaya Hotel. This event is arranged in cooperation with the Union of Oil and Gas Construction Companies and the Oil and Gas Equipment Producers Association. This event is …