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Sakhalin Energy Starts Production Sharing On Sakhalin-2

Production sharing under Sakhalin-2 Project has begun. Starting March this year Russian Federation and Sakhalin Region will receive its share of profit production. “Production sharing began ahead of plan. This is not only a result of favourable market conditions, but first of all result of efforts of the whole company …

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Shtokman FID Not Delayed but Further Economic and Technical Work Required, Framework Agreements Extended

Shtokman Development AG Board of Directors Set Priorities for Further Work on the Shtokman Project (Phase 1) The regular meeting of Shtokman Development AG (SDAG) Board of Directors was held in Moscow on March 29, 2012. Based on the decisions of December meeting, the Board reviewed whole scope of issues …

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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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Ministry of Economic Development Approves Rosneft’s APG Utilisation Investment Projects

The Ministry of Economic Development of the Russian Federation has passed an order approving two of Rosneft’s APG joint implementation investment projects. The order, No. 112 of 12 March 2012, approves a project to reduce APG flaring and generate electricity at the Khasyreiskoye deposit and a project to utilise APG …

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Free On-Demand Webinar: Satellite SCADA for Oil & Gas Industry Challenges

Learn how satellite communications can play a role in providing order and achievement in the operation of SCADA assets in the Oil and Gas market. Oil and Gas services companies need M2M solutions that are tested and proven to effectively protect, manage, and leverage their infrastructure investment. Remotely accessing and …

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Rosneft Concludes Public Hearings on Seismic Study Programme at Three Blocks in the Western Arctic

Rosneft has concluded a series of public hearings on its 2012 seismic study programme for the East Prinovozemelsky 1 and 2 blocks in the Kara Sea and the Youzhno Russky block in the Pechora Sea. Public hearings began in early February in Arkhangelsk and in the village of Yar-Sale in …

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Emerson and Statoil Sign Multi Year Agreement for Fiscal Metering Systems

Emerson to supply Daniel® fiscal metering systems for Statoil’s Valemon platform Emerson Process Management has been awarded a five year Framework Agreement by Statoil to provide a range of its Daniel® fiscal metering systems, as well as related products and support services. The agreement also covers on-going maintenance of existing …

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Matra Petroleum: Well A-13 Successfully Tested

Matra Petroleum PLC, the independent oil and gas exploration and production company with operations in Russia, announced its results for the 12 month period ending 31 December 2011. Highlights: Operational • Well A-13 validated following successful extended well test Financial • Successfully raised £1.2 million through a placement in November 2011 …

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Weatherford Successfully Completed A Pilot Project Of Running Tubular Casing With Rotation

Weatherford jointly with the Drilling Operations Department of OJSC VCNG has successfully completed a pilot project of casing running with rotation in the Verkhnechonskoye oil and gas-condensate field. The solution proposed by Weatherford was to use the OverDriveTM System and a special assembly of the casing shoe section. The shoe …

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Oil Gas Industry InterviewsUncategorized

ROGTEC interview with Cliff Berry the Global Business Development Manager at Centek Group

Please introduce yourself with a short bio and your history in Russia Cliff Berry entered the oilfield business in 1977 with Halliburton in Brunei and worked predominantly in Brunei, Malaysia and Sarawak as a cementer and tool operator. He transferred to Aberdeen in 1984 working in the same disciplines. Cliff …

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