LUKOIL ANNOUNCES THE COMPLETION OF THE ISSUANCE OF US$1.0 BILLION IN EUROBONDS
OAO LUKOIL announced the completion of the issuance of an aggregate principal amount of US$1.0 billion of a dual-tranche Rule 144A / Regulation S offering of 6.125% notes due 2020. The notes were issued in two tranches at the same time and form part of the same series. $800 million …
LUKOIL IMPROVES ITS RANK IN PLATTS 2010 ‘TOP 250 ENERGY COMPANIES’ LIST
09.11.2010 LUKOIL IMPROVES ITS RANK IN PLATTS 2010 ‘TOP 250 ENERGY COMPANIES’ LIST LUKOIL ranked 5th among European, Middle East and African companies and 10th among global companies in the American energy agency Platts 2010 ‘Top 250 Energy Companies’ List. All companies were ranked by four main criteria, including asset …
LUKOIL AND SVERDLOVSK REGION PLEDGE COOPERATION
Vagit Alekperov, OAO LUKOIL President, and Aleksandr Misharin, Governor of the Sverdlovsk Region, signed a Cooperation Agreement between the Company and the Region in Yekaterinburg today. The key goals of the Agreement are: to supply high-quality petroleum products and natural gas, and also ensure related services, to customers of the …
Polarcus extends vessel backlog into Q2 2011
Reference is made to the notice published by Polarcus Limited on 26 July 2010 regarding the receipt of a Letter of Intent from Gassnova SF for a second Carbon Capture and Storage (CCS) 3D comprising 323 square kilometers offshore Norway (the “Troll Kystnær 3D”), and the subsequent delay of this …
Billions of Dollars of Deals Done at the Most Impressive ADIPEC to Date
Over $4bn dollars of deals have been confirmed as a result of this year’s ADIPEC (Abu Dhabi International Petroleum Conference and Exhibition) with some of the biggest names in the global oil and gas industry securing contracts and re-confirming deals at the four day event. Hifazat Ahmad, event director of …
Rosneft Started Oil Deliveries to ESPO Pipeline to China
The oil, produced by Rosneft ventures and delivered to East Siberia – Pacific Ocean (ESPO) Trunk Pipeline has crossed the Russian-Chinese border via the pipeline branch and arrived to the border town of Mohe. Filling of the pipeline with process oil has started on November 01. The total planned oil …
Rosneft Produced The 100 Millionth Ton of Oil
Today Rosneft produced the 100-millionth ton of oil since the beginning of 2010. At the time the Company was ahead of crude oil production plan by 1 million 384 thousand tons. The President of Rosneft Eduard Khudainatov congratulated the Company production block staff with the achievement and expressed his gratitude …
Topaz is Shipping Company of the Year at Seatrade Awards
Topaz Energy and Marine swept the annual Seatrade Awards by winning three prestigious accolades including ‘Shipping Company of the Year’, ‘Marine & Offshore Services’ and the ‘Workboats’ award. Topaz CEO, Fazel A. Fazelbhoy commented on the awards, “Being a finalist in five categories and winning three Seatrade awards is a …
ADIPEC AWARDS: RECOGNISING industry EXCELLENCE IN ENERGY
The ADIPEC Awards: Excellence in Energy 2010 was held last night to honor and recognise innovation and contribution to industry as the first such awards held as a part of ADIPEC 2010 (Abu Dhabi International Petroleum Exhibition and Conference). This year’s judging panel boasted a selection of key players from …
TNK-BP ENTERS INTO US$2.0 BN LOAN FACILITY AGREEMENT WITH A CLUB OF INTERNATIONAL BANKS
TNK-BP entered into a US$2.0bn unsecured dual tranche facility agreement with a club of international banks. The new facility is the largest debt transaction arranged by TNK-BP since inception. The maturity of the loan is 3 years and the interest rate is 1.75% per annum above LIBOR. The facility is …