HALLIBURTON ANNOUNCES COMPLETION OF MULTI-CHEM ACQUISITION
Halliburton announced that it has completed the acquisition of Multi-Chem Group LLC. Initially announced in September, the acquisition further strengthens Halliburton’s total offering while improving its competitiveness in a rapidly expanding global business. Multi-Chem is the fourth-largest provider of production chemicals in North America, delivering specialty chemicals, services and solutions …
Integra Group completes the acquisition of SIAM Company
Integra Group announced that it has closed the deal on acquisition of SIAM Company (SIAM), a leading Russian oilfield services company specializing in wireline and slickline services, production logging and testing. Integra paid RR2.2 bln (US$71 mln) which was financed by a combination of internal cash resources and use of …
Western Well Tool Inc. has officially changed its name to WWT International Inc
Western Well Tool Inc. has officially changed its name to WWT International Inc., Clive Mitchell, director of sales and operations, announced today. “The name ‘Western Well Tool, Inc.’ has served us well for many years,” Mitchell stated. “We’ve worked hard to make our name synonymous with outstanding products and responsive …
PetroKamchatka Plc Reports Financial Results for the Year Ended May 31, 2011
PetroKamchatka Plc a Jersey company, reports its audited financial results for its year ended May 31, 2011. PetroKamchatka has filed its Consolidated Financial Statements for the year ended May 31, 2011 and its Management’s Discussion and Analysis (“MD&A”) on www.sedar.com and on its website at www.petrokamchatka.com. Selected financial information as …
SOCAR – New well commissioned at Oil Rocks field
The well #1846, drilled from the platform #1887, at the Oil Rocks field has been commissioned recently. It was drilled by Bayil Limany Offshore Exploration Drilling Office of the Complex Drilling Works Trust. The daily production of the well drilled in the Girmaki Suite showed 12 tons of oil from …
Polarcus achieves significant transit savings via the Northern Sea Route
Polarcus Limited is pleased to announce that the Company’s ultra-modern 12-streamer 3D seismic vessel, POLARCUS ALIMA, has achieved a significant first in the seismic industry, having successfully transited to Asia-Pacific via the Northern Sea Route (NSR). Her passage commenced on 15 September from Hammerfest in Norway after completion of seismic …
Max Petroleum Receives its Production Test Results for ASK-1
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has begun testing the ASK-1 exploration well in the Asanketken Field, successfully producing 35 degree API oil at a stable rate of 672 barrels of oil per day (“bopd”) from …
Shtokman Development AG has taken part in the International Conference “Arctic Shelf Development: Step by Step”
On September 29, 2011 in Murmansk the IV International Conference “Arctic Shelf Development: Step by Step” has been held. This Conference is organized by the Association of the Oil and Gas Suppliers “Murmanshelf” and Russian Gas Society under the auspices of the Government of the Murmansk Region and Murmansk Regional …
Tethys Petroleum Limited: Doris AKD06 Well Initial Results
Tethys Petroleum Limited today gave an update on the initial results of the AKD06 Doris appraisal well in Kazakhstan. Drilling data and wireline logs indicate oil in both the Cretaceous sandstone and Jurassic limestone reservoirs. The Cretaceous sandstone has been encountered above prognosis and at a higher elevation than in …
Max Petroleum Starts Drilling at Zhana Makat
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ZMA-A23 development well at the Zhana Makat Field in Block E. The total depth of the well will be approximately 900 metres targeting Jurassic reservoirs.