Navigation Сampaign Launched at Vankor
Rosneft subsidiary Vankorneft has launched the navigation campaign on delivery of nearly 400 thousand tons of cargoes via the Bolshaya Kheta River (left tributary of the Yenisei). This year, in addition to traditional cargo transportation at the Vankorskiy production site and the Priluki terminal, the delivery at the Suzunskoye field is …
Tethys Petroleum: 15 Year Extension to the Kyzyloi Gas Contract
Tethys Petroleum Limited, following on from the recently announced Kazakh State Reserves Committee approval, today confirmed that it has received approval from the Ministry of Oil & Gas of the Republic of Kazakhstan for the extension its Kyzyloi Production Contract for a further 15 years to June 2029. The Contract …
Sercel Receives Another Order For A 508XT Acquisition System
CGG announced today that, in addition to the first two 508XT systems being delivered to the industry this month, Sercel has also sold a system to PanAmerican Geophysical* for delivery in July. The Sercel508XT is the latest addition to a long line of innovative Sercel systems. Its ground-breaking X-TechTM architecture allows …
CGG and Sovcomflot Announce Arctic 3D Seismic Joint Venture – Arctic Geophysical Exploration
CGG, world leader in Geoscience, and Sovcomflot, Russia’s largest energy shipping company,announced today that they have signed an agreement to form a joint venture company dedicated to conducting high-end 3D marine seismic acquisition services with a focus on Arctic and sub-Arctic waters. The joint venture,to be called Arctic Geophysical Exploration (AGE),will …
ABB Wins Contract for Power and Propulsion Systems for 16 Yamal LNG Carriers
ABB, a global leader in power and automation technology, has secured a contract to supply electrical power and propulsion systems for the first of 16 Yamal LNG carriers. The contract, which includes options to equip 15 further vessels, is part of a project to transport LNG from the Yamal peninsula …
Zoltav Resources: Completes Acquisition of the Bortovoy License and Admission to Trading on AIM
Zoltav, the CIS-focused oil and gas exploration and production company, is pleased to announce the completion of the acquisition of Royal Atlantic Energy (Cyprus) Limited (“Royal Atlantic Energy”) (the “Acquisition”) and the admission at 8 a.m. today of its enlarged issued share capital to trading on the AIM market of …
Rosneft and Statoil Held Negotiations on Further Cooperation and Development of Joint Projects
Rosneft President, Chairman of the Management Board Igor Sechin held negotiations with Statoil CEO Helge Lund. The parties discussed joint projects on geological exploration on the Russian continental shelf in the Barents Sea and the Sea of Okhotsk, and projects on the development of Domanic deposits at the license blocks …
Rosneft, Gazprom, Novatek, Gazprombank, Sovkomflot, USC and Ministry of Industry and Trade Sign JV Agreement To Form Far Eastern Shipbuilding Center
At the 21st World Petroleum Congress Rosneft, Ministry of Industry and Trade of the Russian Federation, Gazprom, NOVATEK, Gazprombank, Sovkomflot, United Shipbuilding Corporation signed a Joint Venture Agreement in relation to the implementation of vessel, drilling rig and marine equipment construction and design projects on the 16th of June. The …
RPI Reports: Oil and Gas Exports from the Caspian Region
RPI introduces an updated edition of the Oil and Gas Exports from the Caspian Region report published in English since 2005. The report draws upon the insights and experience RPI has gained over more than 20 years of research on the Caspian region’s petroleum industry. The study provides a detailed …
Liebherr Group’s 2013 Turnover At Similar Level To Previous Year
The Liebherr Group is publishing key data from its annual report for the 2013 business year. Against a backdrop of moderate international economic progress, Liebherr achieved a turnover of 8,963.6 million € in 2013. The world economy grew last year by only 3.0%. Whereas some fully developed national economies demonstrated a gain …