Rosneft, HRT and Petrobras Agreed to Study the Possibility of Gas Monetization in the Solimões Basin
Rosneft President, Chairman of the Managing Board Igor Sechin, HRT CEO Milton Franke and Petrobras Director of Gas and Energy Jose Alcides Santoro Martins signed a Memorandum of Understanding on cooperation to study development schemes for a joint monetization of gas in the Solimões Project in the Amazon region. The …
Rosneft Brasil and HRT Received ANP Approval for the Solimoes Project Transaction
Rosneft Brasil (Rosneft subsidiary) and HRT O&G (HRT subsidiary) received approval by the Brazilian National Petroleum, Natural Gas and Biofuels Agency (ANP) for the Rosneft Brasil transaction to acquire additional 6% in the Solimoes project. Under the agreement the completion of the purchase and transaction between HRTO&G and Rosneft Brasil …
Weatherford: Confirms Rig Operation Sales to Rosneft for $500m USD Cash
Weatherford International plc entered into agreements with Rosneft for the sale of the Company’s land drilling and workover operations in Russia and Venezuela. The consideration is $500 million in cash. The Russian rig operations include 61 land drilling crews and a fleet of workover rigs, essentially pulling units while the Venezuela operations include 6 land drilling rigs. The …
Surgutneftegas Operating Results for April 2014
In April 2014, Surgutneftegas produced 5,038.7 thousand tonnes of crude oil.Within April of the current year, crude output in the Republic of Sakha (Yakutia) reached 617 thousand tonnes, a 6% increase from the same period last year. In April 2014, gas production amounted to 784,866.7 thousand cubic meters.In-house drilling in April …
Shelton Petroleum: Maintenance Causes Minor Dip In YOY Monthly Figures for June
Shelton Petroleum’s total oil production in June 2014 amounted to 25,667 barrels, equivalent to 856 barrels per day. The table below summarizes the production broken down by oil field. Jun2014 Jun2013 Jan-Jun2014 Jan-Jun2013 Jan-Dec 2013 Jan-Dec 2012 Lelyaki 10,311 10,600 65,411 60,925 126,565 119,950 Rustamovskoye 15,356 8,260 …
Igor Sechin Held Negotiations in Venezuela
Rosneft President Igor Sechin held talks with the Minister of Popular Power for Oil and Mining and President of Petróleos de Venezuela, SA (PDVSA ), Rafael Ramirez Carreno. The parties discussed a wide range of issues regarding current cooperation between the companies, Rosneft activities in Venezuela and the outlook of …
Rosneft Acquires Oil Field Services from Weatherford International
Rosneft President Igor Sechin and Vice President of Weatherford International plc. for Russia Lance Marklinger signed an agreement for the acquisition of Rosneft land drilling and workover assets of Weatherford in Russia and Venezuela. The agreement envisages the acquisition of 8 companies (part of the Weatherford group) involved in drilling …
Rosneft Representatives Joined the Board of Directors of Pirelli & C. S.p.A.
A previously announced deal of purchasing of 50% share of Camfin, the company holding 26.19% of Pirelli & C. S.p.A. stake is bought in using the funds of pension funds and financial institutions involved on the principles of the project lending with the participation of Rosneft. The share in the …
Proposed Demerger of Aker Solutions – Publication of Information Memorandum – Impairment of Some Future Akastor Assets
The board of directors of Aker Solutions ASA has in accordance with the strategy disclosed April 30 resolved to propose to the company’s shareholders that Aker Solutions be split into two companies. The board has also determined to write down the value of some assets in the Aker Oilfield Services …
7th International Conference «Arctic Development: Step by Step»
Dear Colleagues! We remind you about privileged registration to 7th International Conference «ARCTIC DEVELOPMENT: STEP BY STEP». The Conference will take place in Murmansk on the 18th – 19th of November, 2014 supported by the Government of the Murmansk Region in the framework of the III Murmansk International Business Week. …