Uncategorized

IG Seismic Services Plc announces that it recently received an approach by U.C.E. Synttech Holdings Ltd, regarding a possible offer for the entire issued and to be issued share capital of the Company. UCE Syntech Holdings is a company ultimately controlled by IGSS chief executive Nikolay Levitskiy. The Board of Directors …

Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, is pleased to announce unaudited production data for the month of November 2013. Production Update · Our average daily production[1] was 17,652 bbl/day during the period. · Average daily …

PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce an operations update. Highlights Drilling operations re-commenced Production currently 2,300 bopd, workovers planned once winter roads available Continued progress on re-financing as discussions widen to include additional parties Drilling programme The Board has …

Russia’s Gazprom Neft is reportedly looking at building two concrete gravity base platforms to develop its Dolginskoye field in the Pechora Sea, similar to the unit set to start producing from the nearby Prirazlomnoye oilfield in the Arctic play reported Upstream. Representatives of the oil subsidiary of Russian gas giant …

In June 2013, SGS was awarded a contract to provide inspection services for quality assurance of pipes during and after production at three production plants in Russia by TMK-Kaztrubprom. In June 2013, SGS was selected to provide field inspection services for quality assurance of pipes in the framework of the …

C.A.T. oil AG, one of the leading providers of oil and gas field services in Russia and Kazakhstan, achieved outstanding results in the first nine months of 2013. The Company increased its revenues by more than 30% to EUR 322.9 million (Q1-3 2012: EUR 246.3 million) and its EBITDA by …

Convertibles amounting to SEK 360 thousand in the program KV 2012/2013 have been converted at a price of SEK 16. As previously announced holders of the remaining convertibles in this program, SEK 22,410 thousand, have chosen to exchange their convertibles to a new convertible with unchanged conditions and maturity 30 …

Alexey Miller, Chairman of the Gazprom Management Committee and Anatoly Chubais, Chairman of the RUSNANO Executive Board held a joint meeting at Gazprom’s headquarters dedicated to the innovative products development and their introduction at Gazprom’s production facilities. Taking part in the meeting were Members of the Gazprom Management Committee, heads of the Company’s relevant units and organizations as well as heads of RUSNANO’s structural …

Bashneft Group, which comprises JSOC Bashneft, its subsidiaries and affiliates, released its unaudited consolidated financial statements for the third quarter of 2013 and the nine months ended September 30, 2013 prepared in accordance with International Financial Reporting Standards (IFRS) During the nine months of 2013, the Group’s revenue from sales increased by 6.2% year-on-year to 417,054 million roubles …

TMG Worldwide is proud to announce the official launch of the 1st UOR, Unconventional Oil Russia Technology Conference. Taking place on the 14th May 2014 in Moscow, the UOR will become Russia’s leading forum on technology adoption and implementation for the development of unconventional, tight and shale oil plays. The event will focus on the drilling and …