Statoil: Looking for Heavy Oil Drilling Clearance
Statoil ASA plans to drill four wells in Russia with state oil company OAO Rosneft, targeting heavy oil fields, showing Norway’s biggest energy producer is deepening its involvement in the country against the backdrop of international sanctions. Statoil plans to drill two wells at a heavy oil pilot project in …
Total: Successful Radial Cutting Torch Application in Russia
Weatherford, which specialists successfully completed complex interventions in severe High North environment, is successfully operating with major Russian and foreign operators at the oil fields of the Timan-Pechora Province, Komi Republic, as well as Nenets and Yamal and Nenents Autonomous Areas. Various mills, cutters, perforators and dressing tools, etc. are …
Tercel Oilfield Products: Launches MicroCORE Drill Bit Cutting System
Tercel Oilfield Products today announced the release of the Patented MicroCORE™ Cutting System, its newest PDC Drill Bit innovation. The MicroCORE cutting system is a revolutionary PDC drill bit design that redistributes high energy consumption from the center of the drill bit to the more efficient areas of the cutting …
Vnukovo Airport’s CEO and Deputy Resign After Total’s Plane Crash
The chief executive of Russia’s Vnukovo airport and his deputy have resigned after a fatal plane crash which killed the head of France energy company Total, the airport said on Thursday. The airport said in a statement that Vnukovo had accepted the resignations of CEO Andrei Dyakov and his deputy …
Vnukovo Airport's CEO and Deputy Resign After Total's Plane Crash
The chief executive of Russia’s Vnukovo airport and his deputy have resigned after a fatal plane crash which killed the head of France energy company Total, the airport said on Thursday. The airport said in a statement that Vnukovo had accepted the resignations of CEO Andrei Dyakov and his deputy …
Statement by Jean-Jacques Guilbaud, Total’s Chief Administrative Officer
Total’s employees learned with profound sorrow of the tragic death of Christophe de Margerie, their Chairman and CEO. Mr. de Margerie was killed when his jet collided with a snowplow as it was taking off, shortly after 10:00 p.m. CET at Vnukovo airport in Moscow. The jet’s three crew members …
Total CEO Christophe de Margerie Killed in Moscow Business Jet Accident
The chief executive of French oil major Total, Christophe de Margerie, was killed when a business jet collided with a snow plough during takeoff at Moscow’s Vnukovo International Airport, the company and airport officials said. The collision occurred late on Monday, just minutes before midnight Moscow time, the airport said …
Lukoil Evaluating JV with Total on Unconventional Fields in Light of Sanctions
The chief executive of Russia’s top non-state oil company Lukoil said on Friday his firm was evaluating the implications of Western sanctions on its joint venture with France’s Total. The United States has imposed sanctions on leading Russian energy companies including Gazprom, Rosneft and Lukoil, preventing U.S. firms from supporting …
Total Halts Novatek Share Purchasing Due to Sanctions
French oil major Total stopped buying shares in Russia’s Novatek when a Malaysian airliner was shot down over Ukraine, but it is still too early to gauge the impact of western sanctions against Russia, Total said, reported Reuters. * Q2 net adj profit down 12 pct to $3.15 bln * Yamal development …
Kashagan Restart Slips to Optimistic Summer of 2016
Kazakhstan’s giant Kashagan oilfield may resume production in the first half of 2016 under an “optimistic scenario”, Kazakh Oil and Gas Minister Uzakbai Karabalin said on Wednesday, putting off his earlier estimate of the restart date. Production from the oil deposit in the Caspian Sea, one of the world’s biggest …