TMK Runs Premium Pipes at NOVATEK’s Gas Field
TMK, a leading global manufacturer and supplier of steel pipes for the oil and gas industry, has run its casing pipes with ТМК PF premium connections in the onshore and offshore parts of the well at NOVATEK’s Yurkharovskoye field. ТМК specialists already provided support of the two similar runs at …
Gazprom and Novatek extend Memorandum of Cooperation
Gazprom and NOVATEK have extended the Memorandum of Cooperation signed this April until February 1, 2013. According to the document, Gazprom and NOVATEK address possible establishment of joint ventures to build up integrated capacities on liquefied natural gas (LNG) production on the Yamal Peninsula and joint development of the available …
Total Rolls Yamal LNG FID Decision to Next Year
Total expects to take a final investment decision (FID) next year on the Yamal gas project in Russia, after initially expecting a decision before the end of this year, the French oil group said on Tuesday. “We anticipate to be in a position to take the FID next year if …
Novatek reports preliminary operating data for the second quarter and first half 2012
NOVATEK reported preliminary production data for the second quarter and first half 2012. Gross production for the second quarter totaled 14.04 billion cubic meters of natural gas and 1.04 million tons of liquids (gas condensate and crude oil). Gross natural gas production increased by 1.91 billion cubic meters, or by …
NOVATEK announces share buy back program
NOVATEK (“NOVATEK” or the “Company”) announces today that on 7 June, 2012 the Company’s Board of Directors unanimously approved a buyback program in respect of ordinary shares of NOVATEK (the “Shares) and/or Global Depositary Receipts representing Shares (each GDR representing 10 Shares) (the “Program”) in the aggregate amount of up to 600 million US dollars. The …
Alexander Fridman Leads Novatek Delegation at Neftegazstroy-2012
Alexander Fridman, Deputy Chairman of the Board of NOVATEK OJSC, will take part in the Second Annual Conference NEFTEGAZSTROY-2012, which is to be held on May 22 in the Radisson-Slavyanskaya Hotel. This event is supported by the Russian Ministry for Energy. The key topic to be discussed at the Conference …
Novatek: Notification by persons discharging managerial responsibilities
OAO NOVATEK (“NOVATEK” and/or the “Company”) has received notice from the Chairman of the Company’s Management Committee Leonid Mikhelson regarding a change in his direct equity stake of ordinary shares of NOVATEK. Source
Gazprom and Novatek Sign Co-Operation Agreement for Yamal LNG
Gazprom and NOVATEK have signed a Memorandum of Cooperation, according to which they address possible establishment of joint ventures to build up integrated capacities on liquefied natural gas (LNG) production on theYamal Peninsula and joint development of the available resource base on the Gydan Peninsula. Field Pre-Development Scheme for the Ob & Taz Bays For the purpose of increasing LNG production on the Yamal Peninsula …
Novatek Reports Preliminary Operating Data for the First Quarter 2012
NOVATEK reported preliminary production data for the first quarter 2012. Gross production for the first quarter totaled 14.66 billion cubic meters of natural gas and 1.08 million tons of liquids (gas condensate and crude oil). Gross natural gas production increased by 1.23 billion cubic meters, or by 9.2%, and gross …
Novatek: Revenues Up 51% and Profit up 45%
Novatek released its audited consolidated financial statements for the years ended 31 December 2011 and 2010 prepared in accordance with International Financial Reporting Standards (“IFRS”). Total revenues grew by 50.5% year-on-year to RR 176,064 million for the twelve months ended 31 December 2011 from RR 117,024 million in the corresponding …