Yuganskneftegaz: Starts Two New Production Units
Rosneft subsidiary Yuganskneftegaz officially opened two new oil and gas production units at the Priobskoye field, oil and gas production unit–22 and oil and gas production unit–23. The creation of new production units in Yuganskneftegaz is caused by intensive commissioning of producing wells after drilling, construction of multiple well platforms …
Max Petroleum Confirm Appointment of Nominated Adviser
Max Petroleum plc (the “Company”), an oil and gas company focused on Kazakhstan, is pleased to announce the appointment of Oriel Securities Limited as Nominated Adviser with immediate effect. Oriel Securities will continue to act as the Company’s Joint Broker alongside Charles Stanley. Source
Shelton Petroleum AB Proposes a Share Swap to Dissolve the Cross- Ownership with Petrogrand
Shelton Petroleum presents a proposal to the shareholders of Shelton Petroleum and Petrogrand to dissolve the cross-ownership between the companies. The proposal is put forward for resolution on general meetings in both companies in the end of June. The disputes and the strained relationship between the companies affect the companies …
Roxi Petroleum: BNG Horizon Could Expand
Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to update the market with operational progress at its Galaz and BNG assets. Galaz Roxi is pleased to announce that Well NK-31 has been spudded and is to be drilled to a total depth of …
ROGTEC Magazine is the Only Russian and CIS Magazine Present at the Caspian O&G 2014 Exhibiton
Opening today, Caspian O&G 2014 is Azerbaijan’s largest oil and gas exhibition and conference. Yet again ROGTEC has a booth with personnel and publications at the event. For the last 10 years ROGTEC has supported the show with fewer and fewer other regional titles making the trip to Baku but …
Blohm and Voss Oil Tools has Successful Neftegaz Exhibition
Blohm + Voss successfully took part in the 15th Neftegaz Oil and Gas Exhibition, in Moscow. Visitors took the opportunity to listen and watch technical presentations on Blohm and Voss’ Elevators and the wrench-spinning-combination FloorHand as well as to discuss operational and pipe handling issues. According to Mr Christian Cordes, …
Total Sells Its 10% Interest In Shah Deniz To TPAO
Total today signed an agreement to sell its 10% interest in the Shah Deniz field and the South Caucasus Pipeline to TPAO, the Turkish state-owned E&P company. The transaction is valued at $1.5 billion and is subject to customary approvals. “The sale of our interest in Shah Deniz is in …
Salym Petroleum Development: Started ASP Mixing Unit Construction
Salym Petroleum Development N.V. (SPD) and ООО “Stroytransgaz-M” (STGM) signed a contract for construction of ASP* mixing unit at the West Salym oil field in Khanty-Mansi Autonomous Okrug – Yugra. The ASP mixing unit is designed to prepare a mix of alkali, surfactant and polymer. These components are used in …
KCA Deutag: Awarded $90m Lukoil Contract
The Land division of KCA Deutag, one of the world’s leading international drilling and engineering contractors has been awarded a contract worth more than $90m USD by Russia’s second largest oil company, Lukoil for the supply of two arctic cluster slider rigs in the northern republic of Komi, Russia. The …
NOV Completes NOW Spin Off
National Oilwell Varco, Inc. today announced that it has completed the spin off to its stockholders of its distribution business as an independent public company,NOW Inc. (“NOW”). “This action demonstrates National Oilwell Varco’s commitment to provide long-term value to our stockholders,” said the Company’s Chairman and CEO Clay C. Williams. “With its …