Max Petroleum Zhana Makat Production Update
The ZMA-ET1 well has been connected to temporary production facilities for long-term production testing and is currently producing at a stable rate of approximately 650 bopd barrels of oil per day from perforations in the T4 Triassic reservoir at depths from 1,282 to 1,288 metres. The current production rate has …
Integra Group deploys enterprise risk management solution Impact ERM Suite
Integra Group has launched the deployment of Impact ERM® Suite software which is designed to prevent and timely resolve incidents in the area of quality, health, safety & environment (QHSE) management. This is the first time in history when the Russian version of this software will be used. The software …
Caspian Oil and Gas West Mailisu #2 Well Progress Report
Caspian Oil & Gas Limited (ASX: CIG) reports that its rig was drilling ahead on its West Mailisu #2 well at 1,568m at 8.00 am Perth time, on the way to a casing point at 1,700m and the primary target (sandstone Bed III) at 1,740m. The limestone Beds V and …
Max Petroleum Drill Update UTS 2 Appraisal Well
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce that it has commenced drilling the UTS-2 appraisal well on the Uytas prospect in Block A. The total depth of the well will be approximately 800 metres, targeting potential Cretaceous, Jurassic and …
Max Petroleum Plc Appointment of Senior Vice President of Engineering Steven Martin
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce the appointment, of Steven P. Martin as Senior Vice President of Engineering. Mr. Martin has over 33 years of experience as a petroleum engineer, including 27 years at Anadarko in positions of …
SOCAR President receives ExxonMobil delegation
SOCAR President Mr. Rovnag Abdullayev met with Mr. Phil Mulhall, ExxonMobil Regional Manager for Europe and the Caspian Region and Mr. Steven Mann, chief advisor on international issues. Mr. Abdullayev informed the guests on the latest achievements of Azerbaijan in the oil and gas industry. In turn, ExxonMobil officials highly …
SOCAR and Foster Wheeler sign memorandum of understanding
SOCAR and Swiss Foster Wheeler signed a memorandum of understanding. The document was signed by SOCAR Vice-President for strategic development Mr. Tofig Gahramanov and Chief Executive Director of Foster Wheeler Mr. Marco Maresco. The MoU involves the establishment of a joint venture on the material and technical base of SOCAR’s …
GE Names Heintzelman to Lead Oil & Gas Business
GE Energy, which has grown from $29 billion in revenue to over $40 billion since 2006, announced today that Dan Heintzelman, currently CEO of GE Energy Services, has been named CEO of GE Oil & Gas. Heintzelman succeeds Claudi Santiago, who has served as CEO of GE Oil & Gas …
International Petroleum Cancellation of Share options
International Petroleum Limited advises that 1,500,000 unlisted employee options exercisable at $0.30 each in the Company have been cancelled due to one of the vesting conditions not being satisfied and in accordance with the terms on which the employee options were issued. Source www.internationalpetroleum.com
Derrick Equipment Co Appoints Step Oiltools LLC Exclusive Distributor Russia and Caspian Areas
Derrick Equipment Company is pleased to announce STEP Oiltools LLC, headquartered in Moscow, Russia as the exclusive Derrick Distributor for Russia, Kazakhstan, Turkmenistan, Uzbekistan, and Azerbaijan. The agreement is valid for all Derrick Equipment Oilfield products including capital equipment, replacement screens, and parts. For further information, please contact: STEP Oiltools …