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TNK-BP Invests $40.4 mln in Modernization of Uvek Fuel Depot in Saratov to Minimize Environmental Risks

TNK-BP announces that it is investing $40.4 mln in the modernization of loading racks for filling rail cars with light oil products at the Uvek fuel depot in Saratov Oil Refinery (part of the TNK-BP Group of companies) to minimize the facility’s environmental impact. The Company is fully automating its …

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GE Deepwater BOP Blind Shear Rams with Advanced Capabilities

New Technology Can Cut and Seal with up to 1.9 Million Pounds of Force Patent-Pending Technology Can Centralize and Shear Offset Pipe Latest Example of GE Innovation for the Deepwater Sector GE Oil & Gas (NYSE: GE) is introducing its next-generation technology for shearing and sealing wellbore tubulars at the …

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Stork Technical Services targets global growth with senior appointments

Stork Technical Services, the leading global provider of knowledge-based asset integrity management services for the oil and gas, chemical and power sectors, has strengthened its senior management team with two key appointments. Dave Workman has been appointed to the new position of Chief Operating Officer (COO) and Erik-Jan Bijvank as …

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WesternGeco Expands Marine Broadband Offering with ObliQ Technology

WesternGeco announced today the introduction of the ObliQ* sliding-notch broadband acquisition and imaging technique, which enhances low-frequency content of marine seismic data without compromising high frequencies. The ObliQ technique increases the penetration depth of seismic imaging and helps geoscientists extract rock properties from seismic data. Optimized seismic bandwidth is achieved …

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TNK-BP Successfully Completes Its First Offshore Drilling Project on the Vietnamese Shelf

TNK-BP announced today that the group’s subsidiary TNK Vietnam has successfully completed the drilling of two development wells on the Lan Đỏ offshore field in Vietnam. TNK Vietnam began drilling operations on subsea development wells on January 14, 2012. Their construction on the Lan Đỏ field took 94 days to …

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TNK-BP Held the First International Interactive Forum on Industrial Safety

TNK-BP held the first international interactive forum on industrial safety in its central office in Moscow participated by approximately 70 representatives of the company’s enterprises in Russia and throughout the world. The management of TNK-BP and the chief engineers of subsidiaries from all regions of company presence, including Belarus, Ukraine, …

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New Vice President for Upstream of Slavneft was Appointed

Victor Saveliev, ex-Director of the Exploration and Resource Base Development Directorate, ОАО Gazprom Neft, was appointed new Vice President for Upstream, ОАО NGK Slavneft. He superseded Alexander Zhargin who terminated his powers as he was engaged by another company. Victor A. Saveliev was born in Almetievsk in 1963. He took …

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TNK-BP reviewed the results of Conflict Resolution Commissions and Regional Councils activity in 1Q 2012

TNK-ВР informs that 10 meetings of Conflict Resolution Commissions for supplier and contractor relations were held in 1Q 2012 which reviewed 20 claims submitted by the existing and potential counterparties of the Company. In 2012, TNK-BP will allocate $7.5 bln to purchase materials and services with 80% of the Company’s …

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TNK-BP Plans to Spend $7.5 BN in 2012 on Russian Goods and Services

TNK-BP is retaining its leadership in the Russian goods and services market, with plans to spend $7.5 bn in 2012. The Company will place around 80% of its total orders for equipment and materials with Russian suppliers. Implementation of TNK-BP’s major programmes, including its flagship projects in Yamal and northern …

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Rosneft VP, Pavel Fedorov, Appointed Deputy Minister in the Ministry of Energy

In connection with Rosneft First Vice President Pavel Fedorov’s move to work as Deputy Minister in the Ministry of Energy of the Russian Federation, his responsibilities have been reassigned to members of the Rosneft management board. Pavel Fedorov had worked at the Company since April 2010. He oversaw the financial …

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