Rosneft Holds Public Hearings on Seismic Research Programmes on Two Kara Sea Blocks
Public hearings were held in the city of Archangelsk to discuss seismic research programmes in the Kara Sea on two blocks licensed to Rosneft – East Prinovozemelsky-1 and East Prinovozemelsky-2 – which the Company is developing jointly with US oil and gas major ExxonMobil. Residents of Archangelsk and public organisations …
Alexander Avramenko leads Tatneft’s delegation at the VII International Conference Oil and Gas Industry Supply Chain-2012
Alexander Avramenko, the head of Tatneft’s Procurement Department, will take part in the VII International Conference “Oil&Gas Industry Procurement” (NEFTEGAZSNAB-2012) which is to start on march 15 in the Radisson-Slavyanskaya Hotel. The purpose of VII annual conference, which gathers the heads of the oil and gas procurement services, is to …
Roxi Petroleum Spuds Weather Delayed BNG 316
Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with regard to BNG well 136. The well, which is on the North Yelemes structure and is planned to be drilled to a total depth of 2,950 metres was spudded …
Bashneft announces the results of international audit of the Company’s oil reserves for 2011
JSOC Bashneft has announced the results of an annual independent audit of the Company’s oil reserves conducted by Miller and Lents, Ltd. according to the international PRMS classification (Petroleum Resources Management System). According to the audit results, as of 31 December 2011, JSOC Bashneft’s proven reserves amount to 1 983.5 million barrels of oil, the replacement ratio of proven reserves is 167% and the Company …
Vladimir Ilyasov is appointed as General Director of Bashneft-Dobycha
Vladimir Ilyasov was appointed as General Director of LLC Bashneft-Dobycha, the main oil producing entity of JSOC Bashneft. Ilyasov Vladimir was born on March 13, 1967. In 1995, he graduated from Tyumen State Oil and Gas University (specialization: Oil and gas fields’ development and exploitation) and in 2003, from Novosibirsk State Technical University (specialization: Economics and management in the …
Baker Hughes Expands Pipeline Inspection Services
Baker Hughes has broadened its pipeline service portfolio to include circumferential magnetic flux leakage (MFL) inspection technology, which enables pipeline operators to identify anomalies in pipeline long seams and more effectively manage the risk associated with cracks in long seam welds and the overall integrity of their pipeline assets. Baker …
A Representative of TATNEFT Included in the Federal Project “National Hall of Labour”
Five representatives of Tatarstan and among them Vladimir Pupyshev, a remedial well servicing operator of NGDU “Prikamneft” of OAO TATNEFT, were included in the federal project “Hall of National Labor Fame” at year-end 2011. The “Labor Fame of Russia” project is supported by the Government of the Russian Federation with …
Gazprom’s Planned Investment in Shtokman is low in 2012
Gazprom is tightening the purse strings on the stalled Shtokman project as it revealed a substantial cut in its investment budget for this year, according to a report. The Russian gas giant is allocating a modest $7 million in this year’s budget for the planned Barents Sea gas field development, …
BP Raises Dividend as Operational Momentum Returns
BP group chief executive Bob Dudley today said that returning operational momentum and strong cash flow generation in 2011 gave the company increasing confidence in its plans to grow value for shareholders. As BP reported its results for the fourth quarter and full year 2011, Dudley said: “BP is on …
Exillon Energy plc: January Production Report
Exillon Energy plc, a British listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora “Exillon TP” and West Siberia “Exillon WS”, is pleased to announce unaudited production data for the month of January 2012 “the Period”. · Average daily production for the Group was 10,972 bbl/day during the …