Rosneft Discovers New Deposit in Krasnodar Region
Rosneft geologists have discovered a new high-yield oil deposit in the western part of the Sladkovsko-Morozovsky oil and gas region of the Slavyansko-Temryuksky license field in the Krasnodar Region. Recoverable reserves are initially estimated at over 500,000 tons of oil. The first well in development is Zapadno-Mechetskaya No. 4 at …
Roxi Petroleum BNG Estimation of Resources
Roxi Petroleum, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce the results of an independent Estimation of Resources by Gaffney Cline and Associates (GCA) of the Company’s preliminary interpretation of approximately 1,400 square kilometres of high quality 3D seismic data. The data …
Management Changes at Rosneft
Peter O’Brien, vice president and head of the group of financial advisors to the president of OJSC Rosneft, has reached the end of his contract and will be leaving the company. Over his time at the company (since 2006), Peter O’Brien has made a significant contribution to the development of …
Caterpillar Global Petroleum Engines to Power Transco Expansion projects in Southeast United States
Williams Partners Select G3616, G16CM34 engines for expansion projects Houston, Texas – Williams Partners, L.P. recently selected two Cat® G3616 gas petroleum engines and a G16CM34 gas compression engine to power two expansions of its Transco natural gas pipeline system. Over the past year, Transco has actively increased the transportation …
(AOIL) Repsol files information on joint venture with Alliance Oil
On June 18, 2011 Alliance Oil Company Ltd (“Alliance”) and Repsol Exploración, S.A. (“Repsol”) announced the signing of a non-binding Memorandum of Understanding (“MoU”) to form an exploration and production joint venture in the Russian Federation. In a regulatory filing with The Comisión Nacional del Mercado de Valores (CNMV), the …
BP Agrees to Settlement with Weatherford of Potential Claims Between the Companies Related to The Deepwater Horizon Accident
BP today announced that it has reached agreement with Weatherford U.S., L.P. (“Weatherford”) to settle potential claims between the companies related to the Deepwater Horizon accident. BP and Weatherford have agreed to mutual releases of potential claims against each other, and BP has agreed to indemnify Weatherford for compensatory claims …
Max Petroleum Drilling Update June 2011
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce that it has commenced drilling the BOR-3 appraisal wellin the Borkyldakty Field. The total depth of the well will be approximately 1,800 metres, targeting Triassic reservoirs. Source www.maxpetroleum.com
International Petroleum: Electrical logging results of oil discoveries at Krasnoleninskiy Well No. 1 and Well No. 2 and commencement of drilling at Kazakhstan Well A-8
International Petroleum Limited, an oil and gas exploration company with assets in Kazakhstan and Russia, is pleased to announce the results of the interpretation of electrical logging of Well No. 1 and Well No. 2 at its Krasnoleninskiy Project in Western Siberia, following both of the wells reaching their final …
Growing sponsor interest boosts MIOGE and RPGC in 2011
The 11th biennial Moscow International Oil & Gas Exhibition (MIOGE) will take place this year on 21-24 June at Expocentre in Russia. The exhibition is co-located with the 9th Russian Petroleum Gas Congress (RPGC) which takes place at the same venue on 21-23 June. The events are supported by 48 …
Distinguished speakers raise the profile of RPGC in 2011
The 9th Russian Petroleum Gas Congress (RPGC) will take place this year on 21-23 June at Expocentre in Russia. The Congress is co-located with the 11th biennial Moscow International Oil & Gas Exhibition (MIOGE) which takes place at the same venue on 21-24 June. The RPGC programme this year will …