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PetroNeft Resources: Operations Update

PetroNeft owner and operator of Licences 61 and 67, Tomsk Oblast, Russian Federation, is pleased to announce an operations update. Highlights Delineation drilling results at Lineynoye No. 9 indicate the J1-1 interval is oil saturated and in line with expectations. Average Production remains at about 2,300 bopd, with additional workovers …

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Shelton Petroleum AB: Production report for December 2013

Shelton Petroleum’s total oil production in December 2013 amounted to 29,800 barrels, equivalent to 961 barrels per day. Production in the fourth quarter 2013 amounted to 92,060 barrels, equivalent to 1,001 barrels per day. “As a result of the successful drillings in Bashkiria, production has almost doubled in 2013. During …

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NOVATEK expanded capacity of Purovsky plant

NOVATEK announced today that first two (out of four) gas condensate stabilization trains with three (3) million tons per annum overall capacity were launched as part of a project for expanding capacity of the Purovsky plant from five (5) to 11 million tons. Construction works are currently being finalized at …

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ROGTEC Talks to: Prem Ballabh Pandey, CEO of Imperial Energy

Mr Pandey, you have been the regional CEO for Imperial Energy for the last 6 months. Please explain to our readers what your objectives have been during this period, and what your focus is for 2013? Basically my objectives have been to find new ways and technologies to improve productivity …

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Sakhalin Energy: Andrei Galaev Tenders Resignation, Roman Dashkov to Become New CEO

Sakhalin Energy announces that as of 21 February 2013 Andrei Galaev resigns his post as Chief Executive Officer of Sakhalin Energy due to a transfer to another job. Andrei Galaev has been working for Sakhalin Energy for over five years, including three years as Chief Executive Officer. Olivier Lazare, Chairman …

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KMG EP Appoints Abat Nurseitov as New Chief Executive Officer

JSC “KMG EP” announces that Abat Nurseitov has been appointed the General Director (CEO) by the Board of Directors. Abat Nurseitov previously worked as the Deputy General Director for Production. He has succeeded Alik Aidarbayev who resigned due to his appointment as Akim of Mangistau region. The newly appointed CEO …

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KMG EP, CEO Alik Aidarbayev, Resigns and Becomes Akim of Mangistau

JSC KazMunaiGas Exploration Production confirms that on 18th of January 2013 the General Director (CEO) of the Company Alik Aidarbayev has resigned due to his appointment as Akim of Mangistau region by the decree of the President of Kazakhstan Nursultan Nazarbayev. The announcement on the appointment of a new CEO …

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Dockwise Ltd : Backlog Update: Dockwise Reports near USD 60 Million in new Contracts and Letters of Intent

Breda, the Netherlands, 11 December 2012, DOCKWISE Ltd. today announces that it has been awarded 6 new contracts, letters of intent and contract extensions with a total value of almost USD 60 million. The contracts include a material change order for a Vanguard contract delivering the customer a later loading …

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NIS Acquires OMV Petrol Stations in BiH

Today in Belgrade the company NIS  has signed the contract on acquisition of 100 percent ownership of the company OMV BH d.o.o , owing to which NIS shall acquire a network of 28 petrol stations which are currently owned by the mentioned OMV subsidiary in Bosnia and Herzegovina. OMV network currently has an 8 …

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Polarcus Receives First-Ever Level 1 Triple-E Rating

Polarcus has today received the world’s first-ever DNV Level 1 Triple-E rating. The official declaration was handed over to Polarcus CEO, Rolf Rønningen, and Polarcus SVP Marine Acquisition, Duncan Eley, by DNV during a client seminar held in Stavanger, Norway on 28 November 2012. Triple-E is a voluntary environmental rating …

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