Petroneft Resources Discovers New Oil Field in North Varyakhskaya
PetroNeft Resources plc, the owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce the discovery of another new oil field in Licence 61 at North Varyakhskaya. Highlights: • Seventh oil field discovered in Licence 61 • North Varyakhskaya No. 1 well makes oil …
Schlumberger Releases Petrel Play-to-Prospect Risk Assessment
New Petrel Capabilities Delivered to Help De-risk Exploration Prospects Schlumberger today announced the release of the Play-to-Prospect Risk plug-in for the Petrel* E&P software platform. This technology offers an integrated petroleum-system-based assessment to consistently evaluate key risk elements from play to prospect. “Statistics show that, on average, two of three …
Shtokman Development AG and Sovcomflot Signed Cooperation Agreement
Shtokman Development AG and Sovcomflot signed Cooperation Agreement on September 20, 2011 in Saint-Petersburg at the 10th Annual Conference of Sovcomflot Business Partners. The document was signed by Alexei Zagorovskiy, Chief Executive Officer and Sergey Frank, Chairman of the Board of Sovcomflot. The Agreement stipulates mutual consultations and exchange of …
“Shtokman Development AG” confirms the shareholders’ intention to make final investment decision (FID)
Head of “Shtokman Development AG” Structural Analysis and Regulatory Documents Development Department Timur Sabirzanov addressed a plenary session of the RAO / CIS Offshore conference in St. Petersburg. He noted that the Project cost assessment will be presented to the shareholders in October 2011. In December shareholders plan to adopt …
Polarcus Selma officially named by Russian Prime Minister Vladimir Putin
Polarcus Limited is pleased to announce that the Prime Minister of the Russian Federation, Vladimir Putin, has assumed the role of Guardian to the seismic vessel Vyacheslav Tikhonov, formerly POLARCUS SELMA, during a naming ceremony held today in the Russian Black Sea city of Sochi. The ultra-modern seismic vessel Vyacheslav …
Exillon Energy Hits Oil
Exillon Energy plc, a British listed 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 that well EWS I – 44 successfully found oil on the south-eastern part of the East EWS I field. EWS …
Halliburton Introduces Total Water Management Solutions for Oil and Gas Industry
Halliburton announced today that it is offering a complete approach to meeting the oil and gas industry’s water needs for wellsite operations such as drilling, cementing, and fracturing. Until now, the industry model has been that the well operator bore the responsibility of acquiring sufficient water and then disposing of …
National Oilwell Varco and Ameron Announce Early Termination of HSR Waiting Period
National Oilwell Varco, Inc. and Ameron International Corporation announced today that they have received notice from the Department of Justice of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) in connection with NOV’s proposal to acquire all of the outstanding shares of …
Sakhalin Energy Issues Sustainable Development Report
Sakhalin Energy presented today its 2010 Sustainable Development Report, the company’s second report produced in compliance with the Global Reporting Initiative (GRI) standard and endorsed by the Council for Non-Financial Reporting of Russian Union of Industrialists and Entrepreneurs (RUIE). The publication of the Sustainable Development Report was preceded by several …
Max Petroleum Mobilisation of Drilling Rig for Pre-Salt Exploration
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that Saipem’s National 1625 DE onshore drilling rig for its deep, pre-salt exploration programme has been released from the previous operator’s location and is currently being mobilised to drill the NUR-1 well …