Roxi Petroleum: Spins Bit at NK-7
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the NK-7 well was spudded at 00:00hrs (local time) on 25 April 2012. This appraisal well is planned to drill to a total depth of 1400 metres and is targeted to encounter …
Era of Innovations by Molten
A Molten event “Era of Innovations” was held in Café Pushkin, Moscow, on April 18, 2012 for specially invited O&G professionals. Key experts, Molten clients and partners participated in the event, which was also attended by representatives of the leading Russian businesses and industry media, e.g. “Kommersant”, “Oil of Russia”, …
Schlumberger Acquires GEDCO
Schlumberger announced that it has acquired GEDCO, a Calgary-based provider of integrated geophysical survey design software and services. The group will become part of the WesternGeco business unit. GEDCO has developed OMNI 3D*, the industry’s standard for seismic survey design and modeling, and VISTA*, a flexible 2D/3D seismic data processing …
Novatek: Notification by persons discharging managerial responsibilities
OAO NOVATEK (“NOVATEK” and/or the “Company”) has received notice from the Chairman of the Company’s Management Committee Leonid Mikhelson regarding a change in his direct equity stake of ordinary shares of NOVATEK. Source
Varel Navigator Series 6” VM613P2 Bakken Lateral Application Success
Challenge Bakken is a soft shale play where increased rates of penetration can be obtained. The overarching goal is to achieve a one-bit lateral run (~9,500’) without having to trip; and if a rig has to trip in the lateral section it is usually because of tool failure and not …
Social Achievements of Tatneft Noted at the Specialized Exhibition KITS-2012
OAO TATNEFT was awarded a diploma “For the contribution to the development of health resort treatment in Russia” at the 17-th International Specialized Exhibition of Sports and Tourism “KITS-2012” held in Kazan (Republic of Tatarstan). The organizers of this annual event are the Ministry of Youth, Sports and Tourism of …
Lukoil Starts Drilling at Iraq’s West Qurna-2 Field
LUKOIL started production drilling and construction of a key production facility, namely a Central Processing Facility, at the West Qurna-2 field in Iraq today. Abdel Karim al-Luaibi, the Iraqi Oil Minister, and also the heads of the Basra province, Iraq’s South Oil Company, LUKOIL Overseas and of the major contractor …
Rosneft and Eni Join Forces to Explore Fields in the Barents and Black Seas
Rosneft and Eni today signed a Strategic Cooperation Agreement to jointly explore fields in Russian sections of the Black and Barents Seas and exchange technology and staff. The agreement also envisages Rosneft’s participation in Eni’s international projects. Agreement in principle reached on joint exploration of Barents and Black Sea blocks …
National Oilwell Varco Announces First Quarter 2012 Earnings and Backlog
National Oilwell Varco, Inc. today reported that for its first quarter ended March 31, 2012 it earned net income of $606 million, or $1.42 per fully diluted share, compared to fourth quarter ended December 31, 2011 net income of $574 million, or $1.35 per fully diluted share. The first quarter …
Alexey Miller and BP CEO Robert Dudley discuss cooperation between two companies in global energy market
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Robert Dudley, Group Chief Executive of British Petroleum (BP). The meeting was focused on a development outlook for the global energy market and cooperation between the two companies. Source