Rosneft and Sinopec agree on the joint development of Russkoye and Yurubcheno-Tokhomskoye fields
Rosneft and China Petrochemical Corporation (Sinopec) signed the Heads of Agreement on cooperation within the proposed joint development of Russkoye and Yurubcheno-Tokhomskoye fields. The document was signed by the Chairman of Rosneft Management Board Igor Sechin and the Chairman of China Petrochemical Wang Yupu during the visit of the Russian …
China Oilfield Services Limited To Drill for the Rosneft and Statoil Project in the Okhotsk Sea
Magadanmorneftegaz, Lisyanskmorneftegaz (joint ventures of Rosneft and Statoil) and China Oilfield Services Limited (COSL) signed a contract to drill two exploration wells in 2016. The wells will be drilled in the Magadan-1 and Lisyansky areas of the Okhotsk Sea. COSL offered its semi-submersible drilling rig Nanhai-9 and won the tender …
Rosneft Financial and Operating Results for Q2 2015:
Increase in daily HC production by 2.0% up to 5.15 mboed in H1 2015, increase in production drilling meterage by more than 30% Maintaining operating expenses per unit of 158 RUB/boe in two consecutive quarters in terms of industry inflation rate of 11.5% Sustainable positive free cash flow up to …
Rosneft Closes the Transaction for the Acquisition of a Russian Oilfield Service Company from Trican Well Service Ltd.
A company of the Rosneft Group and a subsidiary of Trican Well Service Ltd. closed the transaction, pursuant to which a Rosneft subsidiary acquires a 100% participation interest in Trican Well Service LLC, which provides high-quality pressure pumping services focused on enhancement of production within the conventional oil and gas …
Trican Well Service Announces Closing of Sale of Its Russian Pressure Pumping Business
Trican Well Service Ltd. is pleased to announce the closing of the sale of its Russian pressure pumping business to RN Assets LLC (the “Purchaser”), a subsidiary of Rosneft Oil Company. As previously announced, the transaction involves the sale of all shares of Trican Well Service LLC, an indirect wholly-owned …
Trican Well Service: Reaches Agreement for Sale of Its Russian Pressure Pumping Business for CDN $181.6 M
Trican is pleased to announce that it has entered into a definitive agreement with RN Assets LLC (the “Purchaser”), a subsidiary of Rosneft Oil Company (“Rosneft”), for the sale of Trican’s Russian pressure pumping business to the Purchaser. The transaction involves the sale of all shares of Trican Well Service …
RN-Brazil: Participates in the 13th Licensing Round Organized by the ANP
RN-Brasil, Rosneft subsidiary, registered as a participant in the 13th license round organized by ANP (Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis – Brazil). The registration is subject to the approval of ANP and will allow the Company to take part in the license round and obtain geological data …
Rosneft Acquires a Russian Oilfield Service Company from Trican Well Service Ltd.
A company of the Rosneft Group and a subsidiary of Trican Well Service Ltd. signed a framework agreement and ancillary documents, pursuant to which a Rosneft subsidiary agreed to acquire a 100% shareholding in Trican Well Service LLC, which provides high-quality pressure pumping services focused on enhancement of production within …
Rosneft Increased Production Drilling Volumes by 27% in 7 Months
Rosneft increased technical drilling volumes at the Company’s production assets by 27% in 7 months of 2015. Based on the January through July 2015 results the overall drilling progress accounted to 4.585 mln m, whilst during the same period of 2014 the figure was 3.605 mln m. Efficient technical drilling …
US Sanctions: Could Impact Shell’s Decision on Yuzhno-Kirinskoye and Sakhalin 3
Royal Dutch Shell’s plans to build a strategic alliance with Russia’s Gazprom could be in jeopardy after the United States added one of Gazprom’s biggest gas fields to its list of Russian sanctions on Friday. Shell and Gazprom signed an agreement in June to develop a strategic alliance in the …