Dockwise Ltd: Q4 2011: Record backlog level extended; sustained pricing despite low activity
DOCKWISE Ltd. today publishes results for the three month period ended 31 December 2011. André Goedée, Chief Executive Officer Dockwise, commented: The fourth quarter concluded a demanding, but ultimately successful, 2011 for Dockwise. Despite arduous trading conditions in our short term markets, prominently reflected in utilisation levels, the company generated …
Hardbanding Solutions Opens Office and Distribution Centre in Scotland to Service Clients in Russia
Hardbanding Solutions, a business unit of Postle Industries, has opened an office and distribution center in Scotland. Managed by Colin Duff, this office is responsible for customers in Russia, Europe and Africa. In addition, four companies have been appointed Global Technical Centers. Reliant Oilfield Services, based in Singapore and managed …
Over 250 companies attend TNK-BP’s contractor day for Yamal Projects
TNK-BP has held a Contractor Day in Moscow for its oil and gas projects in Yamal and northern Krasnoyarsk Region for the company’s current and potential future contractors. It was attended by over 250 Russian and foreign companies representing various industries. TNK-BP presented its oil and gas development projects in …
Exillon Energy’s Total Proved Reserves Up 12%
Exillon Energy plc, a British independent oil producer with assets in two oil-rich regions in northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce that total proved (“1P”) recoverable reserves increased by 12% to 125 million barrels and total proved plus probable (“2P”) reserves increased …
Trade and Purchase Platform of TATNEFT Ensures the Effectiveness of Procurement
As of today, there are 4069 supplier companies registered in the framework of creating the electronic trading system for procurement of material and technical resources for TATNEFT Company enterprises. The Department of Logistics carried out 86 procurement procedures in January 2012. 1496 two-stage procurement procedures were carried out in 2011 …
Arctic Regional O&G Conference: Speakers Unveil Latest Oil and Gas Developments in the Arctic
The oil and gas industry’s key players will present critical new technologies and commercial opportunities available in the offshore Arctic, at the Arctic Region Oil & Gas Conference in Norway this month. Recent news about Norway’s Ministry of Energy receiving requests from 37 companies to be included in the country’s …
Tatneft Has Started Rendering Services in Turkmenistan
The specialists of TATNEFT Company started well workover operations in the south-eastern sector of the oil production area No. 4 at NGDU “Goturdepenebit”. The work is carried out by the Company’s branch in Turkmenistan within the framework of the contract between OAO TATNEFT and the State Concern “Turkmenneft” for providing …
Gazprom Neft Reports Unaudited FY 2011 Results, Income up 71%
Gazprom Neft has published its unaudited consolidated financial results in accordance with accounting principles generally accepted in the United States of America (US GAAP) for the year ended 31 December 2011. The Company’s performance improved substantially in 2011 due to increases in hydrocarbon production, oil refining volumes and sales of premium products, together …
Tethys Petroleum Announce Tajik Seismic Tender and Regional Strategy
Tethys Petroleum Limited announced the issue of a tender for the final stage seismic program in Tajikistan which when complete will identify the location for the first deep pre‐salt well to be drilled by Tethys. Tethys also updated on its deep exploration strategy in Tajikistan. The initial analysis of the data from the …
Tatneft: January Results
Crude Oil Production TATNEFT produced 2,201,630 tons of crude oil in January 2012 or 100% versus January 2011 with the above-the-plan production amounting to 52,162 tons (102.4%). The amount of 2,176,645 tons was delivered with the above-the-plan delivery amounting to 79,005 tons. Totally enterprises of TATNEFT Company produced 2,225,664 tons …