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ExxonMobil is complying with all U.S. sanctions.  The U.S. Treasury Department, recognizing the complexity of the Universitetskaya-1 well and the sensitive Kara Sea arctic environment, has granted a license to ExxonMobil and other U.S. contractors and persons involved to enable the safe and responsible winding down of operations related to …

Exxon and Rosneft oil companies have stopped oil development on the Arctic shelf, Bloomberg reported. Representatives of the Rosneft company have made no comment on Bloomberg’s report. According to Bloomberg, oil development was stopped in connection with the sanctions that the EU has imposed on Rosneft and other Russian companies, …

Dolphin has received confirmation from the Export Control Division of the Norwegian Foreign Department that the recently announced contract in the Kara Sea is not subject to the current trade restrictive measures against Russia. Atle Jacobsen, Dolphin CEO, quoted; “Dolphin is extremely appreciative of the prompt reply and clear guidance …

The chief executive of Russia’s top non-state oil company Lukoil said on Friday his firm was evaluating the implications of Western sanctions on its joint venture with France’s Total. The United States has imposed sanctions on leading Russian energy companies including Gazprom, Rosneft and Lukoil, preventing U.S. firms from supporting …

The December issue of ROGTEC Magazine will see our ever popular technology roundtable feature focus on power generation for the oil and gas sector. For operators and drilling contractors alike, finding the right power generation partner is key in order to maximize available power while reducing costs, reducing emissions and …

October 7-10 Pavilion 1 of ExpoForum Convention and Exhibition Centre in St. Petersburg will host the International Specialised Offshore Exhibition and Conference Offshore Marintec Russia dedicated to the Arctic continental shelf infrastructure development. The trade show is organised under authority of the Government of the Russian Federation. Offshore Marintec Russia …

The 2nd National Oil and Gas Forum will be held in Moscow 22-24 October 2014. Forum organised by the Russian Ministry of Energy, the Russian Union of Industrialists and Entrepreneurs (RSPP), the Chamber of Commerce and Industry of the Russian Federation (TPP RF), the Union of Oil & Gas Producers …

The technology of reducing water in-flow in carbonate reservoirs with application of swellable elastomers developed by TatNIPIneft experts was granted a Grand Prix Diploma for “Best exhibit, best design or best technical solution” of the XXIst Tatarstan Oil and Gas and Petrochemicals Forum. The prestigious award was obtained in the framework …

Hoists incorporating the latest generation of super silent hydraulics have now been added to the J D Neuhaus range of high performance lifting and handling equipment. In both their Profi and EH monorail hoist ranges, units providing 75 and 100 tonne lift capacities have been added. Where heavy loads are …

New applications are designed to fast track the development and implementation of end-to-end fleet management applications with SkyWave IsatData Pro SkyWave Mobile Communications Inc., a global provider of wireless data communications for the Machine-to-Machine (M2M) market, today announced that a new set of features and reports is now available with …