Roxi Petroleum Spuds Well
Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the NK-10 well spudded on 28 November 2011 reached a total depth of 1505 metres on 18 December 2011. The preliminary interpretation of wireline logging indicates that the well encountered oil …
Max Petroleum: Successful Appraisal Well in the East Kyzylzhar I Field
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the KZIE-2 appraisal well in the East Kyzylzhar I Field has reached a total depth of 1,294 metres, with electric logs indicating seven metres of net oil pay, including two metres in the Cretaceous …
BP, Skolkovo Foundation, Boreskov Institute and Imperial College London to Work Together on Energy Efficiency Research Programme
BP Russia and the Skolkovo Foundation are pleased to announce an agreement today to set up a major research collaboration with Russia’s Boreskov Institute of Catalysis, one of the world’s largest research centres, specialising in catalysis, and Imperial College London, one of the world’s leading universities. The parties will now …
Dockwise Backlog Update: USD 55 Million in Awards and MSA with Keppel
Dockwise Ltd. today announces twelve new awards totaling USD 55 million, of which six, to the value of more than USD 15 million, are for execution in Q4 2011. The remaining contracts are for execution in 2012 and 2013. Furthermore the company has entered into a Master Service Agreement (MSA) …
Tethys Petroleum Limited: Tajikistan Persea 1 Well Initial Results
Tethys Petroleum Limited today announced the initial results of its Persea 1 exploration well in Tajikistan and its intention to carry out production testing on the well in the new year. The Persea 1 well, drilled some 5 kilometres from the town of Kurgan Teppa, reached a total depth of …
Dragon Oil: Dzheitune (Lam) 28/164 well tested and flowing at 3,018 barrels per day
Dragon Oil plc, an international oil and gas exploration, development and production company, announces the completion and initial testing of the Dzheitune (Lam) 28/164 development well. The well was drilled to a depth of 1,865 metres and completed as a single producer by the NIS rig. The well tested for …
BP Announces Settlement with Cameron International Corporation of Claims Related to the Deepwater Horizon Accident
BP announced that it has reached agreement with Cameron International Corporation (“Cameron”), the designer and manufacturer of the Deepwater Horizon blowout preventer, to settle all claims between the companies related to the Deepwater Horizon accident and spill. BP and Cameron have concluded that the settlement is in their mutual best …
Max Petroleum Annouced the Extension of Trial Production at the Zhana Makat Field
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announced today that the Kazakh Government has approved a 3 month extension of Max Petroleum’s trial production project for the Zhana Makat Field until 15 March 2012. The extension is expected to provide the necessary time …
Roxi Petroleum: Spudding of BNG Well 136
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce that the BNG well 136 on the North Yelemes structure was spudded on 16 December 2011. Drilling is expected to take approximately 40 days and the well is planned to drill to a …
BG Group Reaches Agreement with the Republic of Kazakhstan on Karachaganak
BG Group today announced that the Republic of Kazakhstan (RoK) and the contracting companies in the giant Karachaganak gas-condensate field in north-west Kazakhstan have reached an agreement that will support the further development of the field. The agreement, effective from 30 June 2012 on satisfaction of conditions precedent, involves Kazakhstan’s …