TNK BP DEPUTY CHAIRMAN OF TNK-BP MANAGEMENT BOARD MAXIM BARSKIY TO LEAVE THE COMPANY
TNK-BP announces that Deputy Chairman of TNK-BP Management Board Maxim Barskiy has decided to leave TNK-BP as of 1 November in order to carry on his professional career outside of the Company. Maxim Barskiy was appointed Deputy Chairman of the Management Board on June 1, 2010 and performed management of …
TNK-BP ANNOUNCED THE HIGH RESULTS FOR THE NINE MONTHS OF 2011: RECORD LEVELS OF PRODUCTION AND NET PROFIT
· In the first nine months of 2011, TNK-BP increased its oil and gas extraction, excluding joint ventures 2.1% over the same period in 2010 and 3 September reached a historical peak production in 1824 th. BC / day. Extraction by the share in Slavneft and assets in Venezuela grew …
Unlocking The Arctic: E&P industry warms to the challenge
Mark Thomas: ROGTEC Magazine Correspondent The Arctic has enormous hydrocarbon resources associated with extreme environments and harsh climatic conditions, in both its coastal areas and the shelves of the northern seas. Russia’s arctic shelf is estimated to hold the equivalent of 100 billion tonnes of oil – a huge amount …
TNK-Uvat: Where Drilling Innovation Comes to Life
Sergey Samyshkin Acting Drilling Dept. Director, TNK-Uvat Vladimir Malov, Regional Supervising Manager, Drilling Dept., TNK-Uvat In 2010, TNK-Uvat demonstrated the best performance among the Upstream’s subsidiaries. Thus, almost 500,000 t were produced above the plan, which came as a natural outcome of the introduction of innovations and the efficient cooperation …
ROGTEC Talks to Gokhan Aker, Drilling Director at TNK-BP: Drilling for the New Era
The world is evolving at a rapid pace leaving behind the technologies and approaches that seemed advanced just a few years ago. The same goes to oil industry and drilling in particular. With the share of hard-to-recover reserves increasing and the scope of new solutions expanding, oil companies around the …
ROGTEC Editors Note Issue 26
Dear Readers, I hope you have all enjoyed the summer – it was good to catch up with everyone during the shows. From our point of view, we were very proud to showcase our 25th issue at the Caspian Oil & Gas Exhibition and MIOGE, which were both a great …
BP responds to Bailiff Raid on BP EOC
BP EOC will initiate cancellation of enforcement proceedings under the unjustified claim by Andrei Prokhorov. On Thursday night the bailiff of the Federal Bailiff Service (FSSP) for Moscow passed a resolution to postpone the execution of enforcement procedures against BP Exploration Operating Company Limited (BP EOC) until 10 September 2011. …
TNK-BP Reports Strong Financial and Production Growth
Commenting on the results, Mikhail Fridman, Executive Chairman of TNK-BP Ltd., said: “This was an exceptional first half performance for TNK-BP. Thanks to management’s continuous efforts to enhance operational efficiency and further develop our key business streams, the Company was able to deliver robust results. We have increased production, significantly …
Results of New Drilling Technologies Applied at the Verkhnechonskoye Field
The field development plan for the Verkhnechonskoye (VC) oil and gas condensate field provides for over 500 horizontal wells to be drilled between 2007-2021. To meet this schedule and the production targets of up to 10 million tons of oil per year, it was necessary to significantly improve the well …
Statement by OJSC Rosneft Oil Company
On January 14, 2011 OAO Rosneft and BP signed an agreement on a joint venture for the development of the Russian Arctic shelf based on licensed areas, “East Prinovozemelsky 1-2-3, sharing a 9.5% stake in Rosneft for 5.0% of the shares of BP and the formation of a global strategic …