Shelton Petroleum AB: Notice of Annual General Meeting of Shareholders
The shareholders of Shelton Petroleum AB (hereinafter the “Company”) are hereby given notice to attend the Annual General Meeting to be held at 10 AM on Tuesday, 20 May 2014 at Summit Grev Ture, Grev Turegatan 30 in Stockholm. Notification and right to participate The right to participate at the general meeting …
LUKOIL Optimizes Hydrocarbon Asset Portfolio in Kazakhstan
Vagit Alekperov, OAO LUKOIL President, signed a purchase and sale agreement today that allows the company to sell its 50-percent stake in the Caspian Investment Resources Ltd to China’s Sinopec. The total price of the shares for sale will be around USD 1.2 billion and will be subject to a number …
EDC First Quarter 2014 Results Update
Eurasia Drilling Company Limited, the leading onshore & offshore drilling service provider in the CIS, today announced its operational and financial update for the three months ending March 31, 2014. The financial data are based on management assessment only and have not been reviewed by external auditors. THREE MONTHS 2014 …
Petrogrand Extends the Acceptance Period in Cash Offer to Shelton’s Shareholders
Petrogrand AB announced on 21 March 2014 at 16:05 CET a public cash offer to the owners of shares, convertible bonds and warrants in Shelton Petroleum AB. In the press release issued on 4 April 2014, it was announced that the acceptance period for the Offer would be moved from …
Integra Group Reports 2013 Financial Results and 2013 Order Book Update
Integra Group, one of the leading independent providers of diversified oilfield services, released today its Audited Consolidated Financial Statements, prepared in accordance with IFRS, for the year ended December 31, 2013. 2013 Financial Highlights Sales decreased by 11.8% to US$ 549.6 million (vs. US$ 623.0 million in 2012) Adjusted EBITDA(1) …
Discovery of a new field within Uvat project
A new field within Zapadno-Gerasimovsky license block was discovered by Rosneft subsidiary Uvatneftegaz. On completion of prospecting well testing on Bolsheparfenovsky square recoverable oil totaled 3.0 million tons in the C1 and C2 categories. The field is planned to be called the Tavricheskoe. As for geological prospecting work in 2014 …
Rio de Janeiro Receives Tenaris’ Fifth R&D Center
The company invested US$ 39 million in the construction of its Research and Development Center in Brazil, located in UFRJ’s Technological Park. The entire investment plan underway in Brazil reaches US$ 370 million. In order to offer the highest technology, excellence and innovation to its Brazilian and global customers in the energy sector, …
FMC Technologies Awarded $322 Million Contract for Subsea Systems for BP’s Shah Deniz Stage 2 Project
FMC Technologies, Inc. announced today that it has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $322 million in revenue. FMC Technologies’ scope of supply includes subsea manifolds, associated controls and …
LukOil to sell stake in Caspian Investment
LukOil has agreed to sell its 50% stake in Caspian Investment Resources Ltd to China’s Sinopec for around $1.2bn, subject to adjustments at closing. Caspian Investment Resources, through a number of joint ventures, owns various stakes in four hydrocarbon-production projects in Kazakhstan. LukOil’s share in commercial hydrocarbon production as part …
Ruspetro: Licence Extension & Commencement of Drilling
Ruspetro plc, an independent oil and gas development and production company, with assets in the Western Siberia region of the Russian Federation is pleased to announce today that its Vostochno-Inginsky licence, which was due to expire in June 2014, has been extended by the Federal Subsoil Resources Management Agency of …