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Schlumberger Expands Portfolio of High-Temperature Reservoir Characterization Services

Schlumberger today announced the availability of its new PressureXpress-HT* reservoir pressure service and MDT Forte-HT* qualified, rugged, high-temperature formation sampling and pressure system. These two services are the latest high-temperature additions to the Schlumberger reservoir characterization portfolio of services. “Providing a full suite of high-pressure, high-temperature (HPHT) evaluation tools is …

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Halliburton Receives OSHA Star Worksite Approval

Halliburton has been reapproved by the Occupational Safety and Health Administration (OSHA) as a Star Worksite within its Voluntary Protection Programs (VPP). The worksite approval is for Halliburton’s Drill Bits and Services manufacturing facility in The Woodlands, Texas. It is the only drill bit manufacturing facility in the energy services …

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TNK-BP and Tyumen Region confirm cooperation parameters for 2012

TNK-BP and the government of Tyumen Region have signed a protocol to their Strategic Partnership Agreement, confirming the parameters of interaction between the company and the region in 2012. TNK-BP is working on one of the biggest oil & gas projects in the region, developing the Uvat group of fields …

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Alexander Medvedev Interview to TV Channel “Russia 24” (key notes)

• When the cold weather set in, there appeared worrying reports of gas deficit. The picture drawn from these reports was a far cry from reality. Gazprom was not cutting its supplies to the EU, which could not be true under any conditions. But it was true that both Europe …

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National Oilwell Varco Completes Flexible Pipe Acquisition

NKT, a joint venture between NKT Holding and Subsea 7 S.A., is based in Denmark. The company designs and manufactures flexible pipe products and systems for the offshore oil and gas industry, including products associated with Floating Production, Storage and Offloading vessels (“FPSO’s”) and other offshore vessels, as well as …

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Gazprom’s Shareholder Meeting to take place on June 29

The Board of Directors resolved to convene the annual General Shareholders Meeting of Gazprom on June 29, 2012 in Moscow. A list of persons entitled to take part in the Shareholders Meeting will be drawn up on the basis of the Gazprom Register of Shareholders as at the end of the business day on May 10, 2012. The Board of Directors approved the lists of nominees for the Gazprom Board of Directors and the …

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TNK-BP ACQUIRES A NETWORK OF 8 SERVICE STATIONS IN THE TVER REGION

TNK-BP Acquires a Network of 8 Service Stations in the Tver Region The purchased service stations are located on major federal highways M10 “Moscow–Saint Petersburg” and M9 Baltia “Moscow–Volokolamsk” and in the vicinity of the heavily populated areas of Tver, Konakovo, and Mokshino. The total number of TNK service stations …

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Exillon Energy: Refinances $50m USD and loans an additional $50m USD

Exillon Energy plc, an independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora (“Exillon TP”) and West Siberia (“Exillon WS”), is pleased to announce the signing of a new term loan by its wholly owned subsidiary Exillon Finance Limited (“Exillon Finance”) with Credit Suisse on 3rd …

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Arctic Region Oil & Gas Conference in Norway Announces Speaker Line Up

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 …

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LUKOIL group proved hydrocarbon reserves by SEC standarts total 17,3 billion barrels of oil equivalent

OAO LUKOIL finished an evaluation and independent audit of its oil and gas reserves as they stand on December 31, 2011. The evaluation was performed in accordance with the US Securities and Exchange Commission (SEC) standards until the economic limit of commercial production is reached. The audit results by Miller …

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