Rosneft Started Geological Exploration in the Barents and Pechora Sea
Rosneft has started field works at five license blocks of the Barents and Pechora Seas: West Prinovozemelsky, located in the North-Eastern part of the Barents sea near the Novaya Zemlya archipelago, Perseevsky, located in the North-Western part of the Barents sea, and at the South Russky, South Prinovozemelsky and West …
Urals Energy: Adler Impex Increases Share Holding And Remains Supportive of the Management Team
Urals Energy PCL, the independent exploration and production company with operations in Russia, announces that it has today received notice from Adler Impex S.A. (“Adler”) that following certain share acquisitions on 3 July 2014 it now holds 112,561,386 shares in the Company representing 44.59% of the current issued share capital. Adler …
Tethys Petroleum: On Course to Achieve 3 Fold Gas Production Increase After Latest Test Results
Tethys Petroleum Limited is pleased to announce the test results from AKK17, AKK18, AKK19 and AKK20; the first four shallow gas exploration wells of its 2014 programme. The AKK17, AKK18, AKK19 and AKK20 wells tested at an aggregate rate of approximately 650 Mcm/d (23MMcf/d) from the Tasaran horizon. It is …
Petroneft Resources: Completes Farmout to India Oil and is Now Debt Free
PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to announce the completion of the Licence 61 Farmout to Oil India Limited (“OIL”) · All debt repaid · Drilling to re-commence at Licence 61 this month as part of a fully …
January-June 2014 Production of Surgutneftegas is 30,407.6 thousand tonnes of crude oil
For the year to date, crude output in the Republic of Sakha (Yakutia) equaled 3,714.3 thousand tonnes, 5% up versus six months of the last year. In January-June 2014, overall gas production amounted to 4,659.5 million cubic meters. For the year to date, in-house drilling reached 2,076.5 thousand meters of rock including …
Rosneft and ExxonMobil Have Installed Unique Berkut Platform on Sakhalin Shelf
Rosneft and ExxonMobil, within the framework of the Sakhalin-1 Consortium, have finished transport operation on transportation and installation of a unique sea drilling platform Berkut, which has the biggest upper part in the world at Arkutun-Dagi on North East shelf of Sakhalin Island. The adjustment works will be finished in …
Sakhalin Energy Extends Cooperation With Sovcomflot
Companies signed contracts for long-term operation of three vessels for the Sakhalin-2 project. Sakhalin Energy and Sovcomflot have signed contracts for the construction and long-term operation of three multifunctional icebreaking standby vessels to serve the Sakhalin-2 offshore energy platforms. Operations under the contract will continue for 20 years. The vessels …
Industry Experts Address “Sustaining and Optimising Production: Challenging the Limits with Technology’ at Russia’s Leading Technical E&P Event
On the 14-16 October, the 5th biennial edition of SPE Russian Oil & Gas, Exploration and Production Technical Conference and Exhibition will be taking place at the All-Russian Exhibition Center in Moscow. The organisers are expecting a total attendance of over 3,500 technical professionals and academics, over 100 exhibiting companies will be present and more than …
Russia’s Gazprom Replaces Head of Export Unit to Spur Business
Russian oil producer Gazprom has replaced Alexander Medvedev as head of its exporting arm, Gazprom Export, with one of his deputies, Elena Burmistrova, as part of steps to increase its share in new and established markets. Medvedev, 58, will continue in his role as a deputy CEO at Gazprom, the …
Tenaris, Dopeless Technology, Debuts in Alaska
An important European national oil and gas company successfully drilled the first complete Dopeless technology well in Alaska in March 2014. The operation took place at Alaska’s North Slope, located on the northern part of the Brooks Range on the coast of the Arctic Ocean. Due to the extreme environment …