Oil & Gas Operators

Gazprom: Proposes Dividend of RUB 7.2 a Share

The Gazprom Board of Directors addressed the issues associated with arranging and holding the Company’s annual General Shareholders Meeting. The Board resolved to convene the annual General Shareholders Meeting of Gazprom at 10:00 am (local time) on June 26, 2015 at the Company’s headquarters in Moscow. Registration of the Meeting participants is to be carried out on June 24 (from 10:00 am to 5:00 pm) and on June 26 (from 9:00 am). The …

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Oil & Gas OperatorsROGTEC Interviews

Gazprom Interview with Vitaly Markelov

  Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee answers the questions posed by the Gazprom Magazine. Year results Mr. Markelov, how much gas and liquid hydrocarbons did Gazprom produce in 2014? In 2014 the volume of gas production totaled 443.9 billion cubic meters, which is 43.5 billion cubic meters less …

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Oil & Gas Operators

Gazprom and CNPC Sign Heads of Agreement for Gas Supply Via Western Route

The Gazprom Management Committee Chairman Alexey Miller and the CNPC Vice President Wang Dongjin signed today in Moscow the Heads of Agreement for pipeline gas supply from Russia to China via the western route. Inked in the presence of Russian President Vladimir Putin and Chinese President Xi Jinping, the document outlines the main technical and commercial parameters of the …

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Oil & Gas Operators

Gazprom Started Drilling of Oil Production Wells in Chayandinskoye Field

The drilling of production wells for the pilot commercial development of the oil rim started in the Chayandinskoyefield in Yakutia, the basic field of the Yakutia gas production center. Pilot commercial development is a crucial stage preceding the commercial operation of a field. As part of this stage geophysical, production and other properties of a pay zone will be determined and the selected technical solutions …

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Oil & Gas Operators

Gazprom and PetroVietnam to Drill First Deepwater Offshore Well in Vietnam

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Nguyen Xuan Son, Chairman of the PetroVietnam National Oil and Gas Group Board of Directors. The meeting addressed the main issues of the bilateral cooperation in hydrocarbon development, particularly the joint activities in blocks Nos. 129–132 in the continental shelf of Vietnam. The …

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Oil & Gas Operators

Gazprom: Developing Our Resource Base

Gazprom’s Geological Exploration Program will not be considerably adjusted. Despite a not too favorable international economic situation, sector-specific sanctions of the USA and Europe against Russia as well as a difficult financial environment in our country, Gazprom keeps enhancing its mineral resource base as well as getting ready for development …

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Oil & Gas Operators

Gazprom: 2014 Results – Sales Up but Profits Down

Today OAO Gazprom issued its audited consolidated financial statements prepared in accordance with International Financial Reporting Standards for the year ended December 31, 2014. The table presents the consolidated statement of comprehensive income prepared in accordance with IFRS for the years ended December 31, 2014 and 2013. All amounts are …

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Oil & Gas Operators

Rosneft: To Form Rosneft Gaz to Compete with Gazprom?

A Rosneft representative refused to comment on the possible creation of a gas offshoot, Rosneft Gaz. One of the sources explained that “the idea to spin off company’s businesses has been discussed.” State-owned Rosneft plans to spin off its gas business into a subsidiary, Forbes reported citing sources aware of the situation.According to the sources, …

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Oil & Gas Operators

Gazprom and YPF sign Memorandum of Cooperation

Alexey Miller, Chairman of the Gazprom Management Committee and Miguel Galuccio, Chief Executive Officer of Argentine National Petroleum Company YPF signed a Memorandum of Cooperation in Moscow today. The ceremony was held in the presence of Vladimir Putin, President of the Russian Federation and Cristina Fernandez de Kirchner, President of …

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Service Companies & Manufactures

TMK Group: Starts Shipping Tubular Products for the Power of Siberia Gas Transmission System

TMK, one of the world’s leading producers of tubular products for oil and gas industry, started large diameter pipe (LDP) supplies for Power of Siberia gas transmission system by Gazprom with April shipments to reach near 28 kt. Gazprom named TMK as one of tubular product suppliers for the project …

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