Exterran – UK

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Russia & CIS, Oil & Gas News

  • Rosneft: Cancels Northern Offshore’s Energy Endeavor Jackup Contract March 26, 2015 - Northern Offshore, Ltd. announced North Atlantic Drilling Company Ltd (NADL) has received a cancellation notice for use of the Northern Offshore’s jackup Energy Endeavor from Rosneft Oil Company as part of a multi-rig contract to provide drilling services in the Russian Arctic commencing in the 2015 summer drilling season. President and CEO Gary ...
  • Petrogrand: To Drill 6 Wells at the Dinuy-Savinoborskoe and Sosnovskoe Fields March 26, 2015 - On Thursday 26 March 2015 detailed information about the acquisition of Ripiano Holdings Limited (“Ripiano”) will be presented at the Financial Hearings event at Operaterassen, Karl XII:s torg. The presentation is available in full on Petrogrand’s website www.petrogrand.se. 10 MUSD will be invested in 3 wells in the Dinuy-Savinoborskoe oil ...
  • Bashneft: 2014 Results – Production Up 10.8%, Cash Flow Up 28.3% March 26, 2015 - Today, Bashneft Group, which comprises JSOC Bashneft, its subsidiaries and affiliates, has released its audited consolidated financial statements for the fourth quarter and the twelve months ended December 31, 2014 prepared in accordance with International Financial Reporting Standards (IFRS). ‘In 2014 the Company demonstrated remarkable operating performance once again and ...
  • Gazprom: Restarts SPIMEX Gas Trading after Taxation Review March 26, 2015 - The Gazprom Board of Directors took notice of the information about the development of the exchange gas trading system. The Management Committee was tasked to proceed with this activity. It was pointed out that in 2014 well-coordinated gas trading was launched at the St. Petersburg International Mercantile Exchange (SPIMEX). This is an important step for the Russian gas market development. An increase in the volume of exchange ...
  • Gazprom: Financial Strategy Securing Business Stability March 26, 2015 - The Gazprom Board of Directors took notice of the information about the Company’s financial strategy, including the funding of the capital investment program. It was pointed out that Gazprom’s continuous monitoring of the global market state ensured the full accordance of the Company’s financial strategy with the real-life situation. A major component of Gazprom’s strategy is shaping up a conservative budget capable of managing ...
  • Gazprom Building Efficient Relationship With Investors and Shareholders March 25, 2015 - The Gazprom Board of Directors approved the Company’s relations with investors and shareholders. The Management Committee was tasked to further improve this area of activity. Gazprom constantly maintains open and constructive dialogue with members of the investment community and respects the rights and interests of shareholders. The Company submits detailed ...
  • Bashneft: Fitch Rating At ‘BB'; off Rating Watch Negative; Outlook Stable March 24, 2015 - Fitch Ratings has affirmed Russia-based Joint Stock Oil Company Bashneft‘s (Bashneft) Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BB’ and removed the ratings from Rating Watch Negative (RWN). A Stable Outlook is assigned. A full list of rating actions is provided at the end of this commentary. ...
  • Salym Petroleum Development: West Salym and Vadelyp Fields Could Be Connected March 24, 2015 - Salym Petroleum Development N.V. (SPD) has successfully drilled an exploration well at the interface between West Salym and Vadelyp fields. The well suggests that both fields could be connected, resulting in a significant increase in expected hydrocarbon reserves. ‘Successful exploration drilling is a result of meticulous work performed by our ...
  • Salym Petroleum Development: Mature Field Development March 24, 2015 - Salym Petroleum Development N.V. (SPD), jointly with the State Commission for Reserves (GKZ) and the Kazan Federal University (KFU) held the Mature Field. Development 3.0 conference in Kazan. The conference was also sponsored by the government of the Republic of Tatarstan and the government of the Khanty-Mansi Autonomous Okrug – ...
  • Statoil: Anders Opedal Appointed COO March 24, 2015 - Anders Opedal is appointed executive vice president and takes on a new position as chief operating officer (COO) in the corporate executive committee (CEC) on 1 April. Opedal will be responsible the corporate improvement programmes and for driving operational efficiency across Statoil‘s business areas. “I am pleased to announce that ...
  • Petrogrand: Frac Service Terminated March 23, 2015 - Today Petrogrand announces that further to its announcement dated 25 September 2014 to undertake fracing activities on its wells in the Tomsk region, the contractor has been unable to provide the service required in the time specified. Related posts: Petrogrand: To Frac Zapadno-Ambarskaya to See if Commercial Flows are Possible ...
  • Gazprom Dobycha Noyabrsk: Igor Krutikov Appointed General Director March 23, 2015 - Igor Krutikov was named Director General of Gazprom Dobycha Noyabrsk. He was born in 1964 in the Sakhalin Region. In 1986 he graduated from Siberian Order of the Red Banner of Labor Automobile and Road Technical Institute, in 2008 he obtained an MBA degree from St. Petersburg International Management Institute. ...
  • Gazprom: Gaz Supply Meeting – Ukrainian 100usd Discount to End on March 31 March 20, 2015 - A working meeting between Dmitry Medvedev, Russian Prime Minister and Alexey Miller, Chairman of the Gazprom Management Committee took place today. The meeting looked at the passing of the autumn-winter period. Alexey Miller reported that Gazprom had steadily supplied Russian and foreign consumers with gas in winter. Special attention was ...
  • Petroneft: SGK Drilling Awarded Tungolskoye Drilling Contract March 20, 2015 - PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, is pleased to provide an update on operations at Licence 61. Highlights Tungolskoye • Tungolskoye Development drilling contract awarded to Eurasia Drilling, one of the largest drilling companies in Russia – Development will consist ...
  • Statoil: Looking for Heavy Oil Drilling Clearance March 19, 2015 - 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 ...
  • Urals Energy: ArticNeft – Workover Increases Production By 30% March 18, 2015 - Urals Energy PCL, the independent exploration and production company with operations in Russia, is pleased to provide an operations update: ArticNeft The workover programme continues with well #546 showing a 30% increase in flow rate to 79 bbl/d. Wells #547 and #548 have been closed down temporarily to allow for ...
  • LUKOIL: Alexander Leyfrid Appointed General Director of LUKOIL-Komi March 17, 2015 - LUKOIL would like to announce that Alexander Leyfrid, the former head of OOO LUKOIL-PERM, has been appointed General Director of OOO LUKOIL-Komi and also Vice-president of OAO LUKOIL (combined duties). Pyotr Oboronkov, the former head of OOO LUKOIL-Komi, will work in the corporate headquarters of the company. Oleg Tretyakov, formerly ...
  • LUKOIL: Signs Offshore Etinde Block in Cameroon March 17, 2015 - LUKOIL closed a transaction to enter a project to develop the Etinde block offshore the Republic of Cameroon in the Gulf of Guinea (West Africa). Earlier, the Company met all the preliminary conditions of the acquisition agreement signed in June 2014. This included obtaining approval from the Cameroon Ministry of ...
  • Condor Petroleum: Tender Out for Drilling March 17, 2015 - The Company plans to commence with export oil sales from Shoba and Taskuduk later on this year once the respective commercial production contracts are executed. Condor Petroleum Inc. is pleased to provide an update on operational activities on the Zharkamys West 1 Territory in Kazakhstan. Shoba Trial Production Production at ...
  • Gazprom: Alexander Kozlov and Vsevolod Cherepanov Re-Elected to Management Committee March 17, 2015 - The Gazprom Board of Directors held a meeting in absentia. The Gazprom Board of Directors reelected Gazprom Management Committee Deputy Chairman Alexander Kozlov(from March 18, 2015) and Department Head Vsevolod Cherepanov (from March 30, 2015) as the Gazprom Management Committee Members for a 5-year period. Related posts: Gazprom and Ukraine in Dispute Over Gas Supplies and ...
  • Gazprom Projectirovaniye: Oleg Andreev to Head up New Design Division March 17, 2015 - Gazprom has resolved to consolidate its design assets in a specialist company, namely Gazprom Projectirovaniye, to be headed by Oleg Andreev. Gazprom Management Committee Chairman Alexey Miller held a meeting in St. Petersburg today to consider the main business activities of Gazprom Projectirovaniye. “As Gazprom delivers new large-scale projects, enhanced requirements are imposed to the quality and timelines of the design process, and, most importantly, this ...
  • Novatek: Changes Board Composition March 16, 2015 - OAO NOVATEK  announced that its Board of Directors (the “Board”) yesterday decided to increase the number of members of the Management Board from eight  to nine, terminate the membership of Mikhail Popov and appoint Sergey Protosenya and Lev Feodosyev as new members of the Management Board. The new composition of ...
  • Petrogrand: Pays $21.5m USD for 49% of Ripiano Holdings March 16, 2015 - Petrogrand AB’s subsidiary, Sonoyta Limited, has signed a Share Subscription Agreement, regarding the subscription for newly issued 49 per cent of the shares and votes in Ripiano Holdings Ltd, a Cyprus holding company with oil producing subsidiaries in Russia (“Ripiano”). The subscription price for the shares and votes in Ripiano ...
  • North Atlantic Drilling: West Navigator Contract Terminated by Rosneft March 16, 2015 - North Atlantic Drilling Ltd. (NADL) has received a notice of termination from Rosneft of the service order for the West Navigator in connection with the Framework Agreement. The drillship was indicatively scheduled to commence operations under its five-year contract with Rosneft during the summer of 2015, which would have required ...
  • Exillon Energy: February Production at 17,459 bbl/day March 16, 2015 - Exillon Energy plc, a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora and West Siberia, is pleased to announce unaudited production data for the month of February 2015 (“the Period”) ·     Our average daily production[1] was 17,459 bbl/day during the period. ·     Average daily ...

Latest Issue

Latest

Rosneft-1
Russia Upstream Magazine

Rosneft: The Petroleum Potential of the Middle Devonian Deposits of the Sorochinsko-Nikolskoye Field in the Orenburg Oblast

Introduction The appraisal of the Sorochinsko-Nikolskaya block began in the middle of the 20th century: geological prospecting work resulted in the discovery of reservoirs in the Artinskian, Ufimian, Okskian, Bobrikovskian and Tournaisian deposits. Devonian deposits have been poorly appraised, the appraisal only covered Upper Devonian. In the Upper Devonian deposits …

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PowerGeneration-Roundtable
Oil Gas Technology RoundtablesRussia Upstream Magazine

Technology Roundtable: Power Generation

Organising power generation for an oilfield used to be a simple case of purchasing a power supply. Nowadays this has evolved into choosing a turnkey, specifically designed technology solution. Do you agree with this? How do you tailor your solutions for your customer’s needs? Caterpillar Oil & Gas: Our customers’ needs have evolved over …

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RPI
Russia Upstream Magazine

Russian Drilling Market: A Paradigm Shift

In all likelihood, the year 2014 will go down on record as a turning point for the Russian drilling market. New trends have been seen on this market for the first time in several years, i.e. a decline in the scope of total drilling instead of growth that was recorded …

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EnergyAspects
Russia Upstream Magazine

Gazprom & Russian Gas Production Overview & Future Developments

In the first part of this article, we look at reserves and major projects for the Russian upstream gas sector. In part 2, to be published in the next issue of ROGTEC Magazine, the article will conclude by looking at the production outlook, including market risks.  One of the conundrums …

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Rosneft-2
Russia Upstream Magazine

Udmurtneft: Application of Fibre Glass Tubing

Introduction The fields at Udmurtneft are at the late stage of development, which is characterised by a high water cut and also the corrosiveness of the produced fluid, which are the main reasons for a considerable number of downhole pumping equipment failures caused by corrosion. The use of fresh surface …

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SPD
Russia Upstream Magazine

SPD Implements Innovative Self Healing Pipe Dope Technology

Salym Petroleum Development (SPD), a 50/50 joint venture of Shell and Gazprom Neft companies, collaborates closely with Shell Global Solutions (SGS) on the realization of new technologies in the Salym group of oil fields. SPD is renowned in the West Siberian oil and gas industry to be a leading incubator …

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Drillmec-Show moscow
Conference and Exhibition News and UpdatesRussia Upstream Magazine

Drillmec Conference: AHEAD & HoD

The Mobius Group was proud to host a turnkey, privately organized conference for Drillmec S.p.A. in central Moscow, on the 28th October, “The Drillmec Russian Technology Conference”. The Drillmec Russian Technology Conference, held at the Kempinski Baltschug, is one of Moscow´s most famous and prestigious 5 Star venues and was …

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Eriell
Oil Gas Industry InterviewsRussia Upstream Magazine

The ROGTEC Interview: Mikhail Vilkov, Deputy General Director – Chief Engineer of RBU Russia, ERIELL Group

A year ago, ERIELL Group broke a number of records in drilling the first 1km horizontal well at the the Urengoyskoye oil and gas condensate field in the Yamalo-Nenets Autonomous District. The well was drilled in the Achim deposits. During drilling, we broke our own records for both drilling time …

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Show-Review
Conference and Exhibition News and UpdatesRussia Upstream Magazine

ROGTEC on the Road!

The ROGTEC Magazine team were all over the region this autumn, exhibiting/distributing the latest issue at the leading events such as SPE Moscow, Sakhalin O&G, SPE Caspian, NGK, RPI and we were proud to be the only mainstream Russian magazine to have attend the KIOGE event in Almaty with a …

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Event News

  • SPE Russian Petroleum Technology Conference 2015 – Looking for Young Professionals! March 26, 2015 - “The end of the oil era is still far away,” according to Christophe de Margerie. His prediction serves as the inspiration for this year’s Russian Petroleum Technical Conference, to be held 26-28 October in Moscow. The event provides participants a valuable opportunity to network with domestic and international companies. With ...
  • Exterran Holdings to Present at Scotia Howard Weil Energy Conference March 24, 2015 - Exterran Holdings, Inc. today announced that Brad Childers, President and Chief Executive Officer, and Jon Biro, Senior Vice President and Chief Financial Officer, are scheduled to present at the Scotia Howard Weil Energy Conference in New Orleans, La., on Wednesday, March 25, 2015, at 8:50 a.m. Central Time(9:50 a.m. Eastern ...
  • OSIsoft: 2015 EMEA Midstream Oil & Gas Industry Forum March 24, 2015 - OSIsoft is delighted to announce that the 2015 EMEA Midstream Oil & Gas Industry Forum will take place on May 20 at the Marriott Rive Gauche Hotel in Paris, France. Please join us for this complimentary event where leading organizations in the Midstream Oil & Gas industry will share their best practices using Real-time sensor and ...
  • Vallourec Conference: 14th April – Premium Tubular Solutions for the O&G Industry March 19, 2015 - Vallourec group of companies is holding a technical conference “Vallourec: premium tubular solutions for Oil & Gas Industry” on 14-th of April in Moscow Marriott Grand Hotel. Vallourec conference is held every second year and traditionally gathers representatives from major International and Russian Oil and Gas companies. Announced presentations of ...
  • SPE Russian Petroleum Technology Conference Call For Papers Submission Deadline is Extended to 23 March 2015 March 12, 2015 - SPE has extended the SPE Russian Petroleum Technology Conference (26-28 October 2015, Moscow, Russia) call for papers submission deadline to 23 March 2015. We hope it will give you further opportunities to submit your papers. Technical categories for papers submission are the following: • R&D and Innovations for Hydrocarbon Exploration ...

Company News

  • Mercury Well Control: Jeremy Roemershauser Appointed Vice President of Sales March 27, 2015 - Mercury Well Control has appointed Jeremy Roemershauser as its new Vice President of Sales based in Houston, Texas. “Due to Mercury‘s rapid growth and direction the market for the Well Control industry is taking us, we needed someone with a certain skill set to help us achieve our goals,” said ...
  • Schlumberger and Chevron Energy Technology Company Sign Petrel Agreement March 27, 2015 - Petrel E&P software platform deal to drive technology, reliability, efficiency and integration. Schlumberger announced today the signing of a long-term software contract with Chevron Energy Technology Company (ETC), a division of Chevron U.S.A. Inc. The new contract provides universal access to the Petrel* E&P software platform across Chevron’s entire earth ...
  • Arctech: Launches Icebreaker Murmansk March 25, 2015 - The 16 MW Icebreaker for the Russian Ministry of Transport was launched at Arctech Helsinki Shipyard on March 25th, 2015. Before floating the vessel, she was given the name ceremonially by breaking of a champagne bottle on the bow of the vessel. The ship was named by the Godmother of ...
  • Forsys Subsea: Launched by FMC Technologies and Technip March 23, 2015 - FMC Technologies Inc. and Technip today signed an agreement to form an exclusive alliance and to launch Forsys Subsea, a 50/50 joint venture that will unite the skills and capabilities of two subsea industry leaders. This alliance will redefine the way subsea fields are designed, delivered and maintained. Bringing the ...
  • Boskalis Increases Holding in Fugro to 25.1% March 23, 2015 - Royal Boskalis Westminster N.V. (Boskalis) has increased its holding in Fugro N.V. to 25.1%. Boskalis stresses that this is not a step towards making an offer. Boskalis views Fugro as an interesting company with strong market positions in its core activities. The strategy of Boskalis is focused on offshore and ...

Technology Focus

  • Schlumberger: Launches ACTive OptiFIRE Coiled Tubing Real-time Selective Perforating and Activation System March 27, 2015 - ACTive OptiFIRE system enables selective perforating at different depths in a single run, saving time and operational costs Schlumberger announced today the release of the ACTive OptiFIRE* coiled tubing real-time selective perforating and activation system that enables perforating with coiled tubing (CT) fiber-optic real-time telemetry. The selective perforation process is ...
  • Schlumberger: Launches Coiled Tubing Real-Time Multiset Inflatable Packer March 26, 2015 - ACTive Straddle packer isolates and treats multiple zones on a single trip, reducing workover costs and improving treatment efficiency for production optimization Schlumberger announced today the release of the ACTive Straddle* coiled tubing real-time multiset inflatable packer. The packer provides all functions needed to isolate and treat multiple zones on ...
  • Weatherford: Launches TruFrac Composite Frac Plug March 24, 2015 - Weatherford International plc announced today the commercial release of its TruFrac® composite frac plug at the 2015 Intervention and Coiled Tubing Association (ICoTA) Conference and Exhibition in Booth 411. With a high level of reliability, the TruFrac® composite frac plug maximizes the efficiency of plug-and-perf completion operations by reducing time ...
  • Tenaris: Launches BlueCoil™ Coiled Tubing Technology March 23, 2015 - Tenaris will introduce its BlueCoil™ technology – the next generation of coiled tubing – at the annual Coiled Tubing and Well Intervention Conference and Exhibition on March 24-25 at the Woodlands Waterway Mariott Hotel and Convention Center. At booth 705, Tenaris coiled tubing experts will discuss the innovative BlueCoil™ technology, ...
  • DNV GL: New Sesam GeniE Sees Breakthrough in 3D Meshing for Engineers March 19, 2015 - With energy prices under pressure, the oil and gas industry is looking for new ways to improve engineering efficiency. DNV GL’s new Sesam GeniE 7 release saves significant time and cost with its new meshing capabilities, a breakthrough in engineering software for offshore and ship structures. When engineers use the ...