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Tatneft: The Program of the Company’s Innovational Development Produces Results

11,125 inventions, utility models and rationalization proposals were introduced in the production at OAO TATNEFT in 2011 and the Company received 213 patents for inventions and utility models. The Company has developed and is successfully implementing an innovative development program until 2015. A system of managing the intellectual activity results …

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Sakhalin Energy Reports on its 2011 Activities

Sakhalin Energy presented in Moscow its 2011 Sustainable Development Report. It is the company’s third report produced in compliance with the Global Reporting Initiative (GRI) standard. It is in line with B+ classification and, just as the previous two reports, was endorsed by the Council for Non-Financial Reporting of Russian …

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Premium Engineering has Completed Construction of Cryogenic System for Surgutneftegaz

“Premium Engineering” announces the completion of the second phase of cryogenic complex and commissioning of equipment for the liquefaction of nitrogen, which was supplied under a contract between OJSC “Surgutneftegas” and the company Red Mountain Energy (USA).  In the framework of contracts concluded between OJSC “Surgutneftegas” and LLC “Premium Engineering” …

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TNK-BP Ready for Fire Season in East Siberia and Tyumen Region

TNK-BP has completed its preparations for the fire season in East Siberia and Tyumen Region within the framework of an integrated industrial safety program to be implemented at all facilities of the Company in summer. Vercknechonskneftegas, the company responsible for development of the Verkhnechonskoe field in Irkutsk Region, has arranged …

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Alliance Oil Company: Operational update for April 2012

Alliance Oil Company’s average daily oil production for April 2012 amounted to 52,900 bopd. In the first four months of 2012, oil production totalled 6.7 mbbl compared to 5.5 mbbl in the same period in 2011. Preliminary average daily refining volumes at the Khabarovsk refinery amounted to 70,900 bopd in April 2012. In the …

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TGS Acquires Volant Solutions

TGS announced today that its Geological Products division purchased all the outstanding shares of Volant Solutions Inc. Volant is a small, six-employee technology company based in Houston that provides integration solutions for E&P companies to address the challenges of managing ever increasing quantities of geotechnical data. This integration of internal …

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The President of Bashneft and the Governor of the Nenets Autonomous District inspect the implementation of oil spill response procedures at the Trebs oilfield

On May 4, the President of JSOC Bashneft Alexander Korsik and the Governor of the Nenets Autonomous District Igor Fyodorov visited the Trebs oilfield and inspected the implementation of emergency response activities. An oil spill happened on April 5 during an exploration well reentry. The Governor Igor Fyodorov held a work meeting in the construction workers’ camp at the Trebs oilfield. At the …

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President of Tatarstan Held a Meeting in Nizhnekamsk

Rustam Minnikhanov, President of Tatarstan, held a working conference at OAO “TANECO” (Nizhnekamsk, Republic of Tatarstan), where the issues of operating 1A1 Start-up complex facilities and further implementation of the Project were discussed. In the beginning of the working visit Head of the Republic accompanied by Irek Faizullin, Minister of …

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20,000 Sercel UNITE Cable-Free Channels Deployed on US Survey

CGGVeritas has increased its cable-free acquisition capacity to 20,000 Sercel UNITE channels on a large, 1,500-square-mile multi-client 3D land seismic survey  it is currently acquiring in Pennsylvania, USA. Whereas most land seismic data acquisition systems require a physical  connection to retrieve data, UNITE integrates a licence-free wireless connection  so that …

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TNK-BP Reports Strong Q1 Results but Profits Dip

TNK-BP reported its results for the first quarter of 2012. Mikhail Fridman, Executive Chairman of TNK-BP, said: “In the first quarter of 2012, TNK-BP achieved continued success in its focus on delivering operational excellence and sustainable growth. We increased production by 4% year-on-year to 2.037 million barrels of oil equivalent …

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