Exterran – UK

Eckel 700m UK

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 ...

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 ...
  • SPE Workshop «Carbonates. New Frontiers» – Registration Deadline – 16 March 2015 March 12, 2015 - SPE Workshop «Carbonates. New Frontiers» chaired by Alexander Gavura, LUKOIL-Engineering will be held on 30-31 March 2015 in Moscow. The workshop will cover a wide range of issues: from geology and modelling to production, drilling and reservoirs stimulation. SPE and the programme committee invite you to take part in the ...
  • EMEA Midstream Oil & Gas Industry Forum March 10, 2015 - OSIsoft is delighted to announce that registration is now open for the 2015 EMEA Midstream Oil & Gas Industry Forum which will take place at the Marriott Rive Gauche hotel in Paris on May 20. The 2015 EMEA Midstream Oil & Gas Industry Forum will provide thought leadership and best ...
  • SPE Russian Petroleum Technology Conference 2015 – Call For Papers is Open! February 13, 2015 - It is less than a month till call for papers deadline – 10 March 2015. The Society of Petroleum Engineers invites industry experts to take part in the SPE Russian Petroleum Technology Conference (26-28 October 2015, InfoSpace, Moscow, Russia). The full list of opportunities for papers submission is available at ...
  • SPE Continues to Accept Papers for SPE Russian Petroleum Technology Conference 2015! February 13, 2015 - It is less than a month till call for papers deadline – 10 March 2015. The Society of Petroleum Engineers invites industry experts to take part in the SPE Russian Petroleum Technology Conference (26-28 October 2015, InfoSpace, Moscow, Russia). The full list of opportunities for papers submission is available at ...
  • SPE Workshop “New Approaches in Reserves Estimation of Hydrocarbon Resources”: Registration Deadline – 6 February 2015 February 4, 2015 - The Society of Petroleum Engineers with the support of State Commission on Mineral Reserves (GKZ) holds the workshop “New Approaches in Reserves Estimation of Hydrocarbon Resources” on 11-12 February 2015 in Tyumen, Russia. The participants of the Workshop will be able to consider issues arising from new Russian classification of ...

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 ...
  • Petroleum Geo-Services ASA : Board Approves IFRS Financial Statements for 2014 March 18, 2015 - The Board of Directors of Petroleum Geo-Services ASA has on March 18, 2015 approved the 2014 annual financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”). The Company reported its IFRS unaudited fourth quarter and preliminary full year 2014 results on February 12, 2015. Compared to the preliminary ...
  • Exterran Holdings Nominates Five New Directors to Its Board March 18, 2015 - Additional nominations in contemplation of Exterran Holdings’ previously announced plan to separate its international services and global fabrication businesses into a new publicly traded company (“SpinCo”) Exterran Holdings, Inc. today announced that its Board of Directors (“Board”) has nominated the following individuals for election to the Exterran Holdings Board at ...
  • Calfrac Announces Dividend March 18, 2015 - Calfrac Well Services Ltd. is pleased to announce that its Board of Directors has declared a dividend pursuant to its quarterly dividend policy. The dividend of $0.125 per common share will be paid on April 15, 2015 to shareholders of record on March 31, 2015. Calfrac’s common shares are publicly ...
  • First Common Global Qualifications for Oil & Gas to Build Competent Workforces March 17, 2015 - OPITO Launches Global Framework for Vocational Qualifications in Response to Industry Demand For the first time, workers anywhere in the world will be able to work towards vocational qualifications which will be recognised by the global oil and gas industry. Training standards body, OPITO International, has developed global technical standards ...
  • Aker Solutions: Outlines Five Strategic Objectives to Achieve Success Post Split March 17, 2015 - Aker Solutions today presents five strategic objectives after splitting in two in September last year to better position all parts of the business and meet the needs of customers. The company, which meets today with investors in London, will build on its strengths in key subsea and field design markets ...

Technology News

  • 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 ...
  • Schlumberger Releases New Ultrahigh-Temperature Drilling Technologies March 18, 2015 - TeleScope ICE MWD service and PowerDrive ICE RSS improve well placement and drilling performance in extreme downhole environments Schlumberger announced today the launch of TeleScope ICE* ultrahigh-temperature measurements-while-drilling service and PowerDrive ICE* ultrahigh-temperature rotary steerable system (RSS). These new technologies enable standard drilling operations in reservoirs with extreme temperatures, expanding ...
  • Tendeka Celebrates 10,000 FloSure AICD Installations Globally March 11, 2015 - Tendeka, the provider of completions systems and services to the upstream oil and gas industry, has reached a landmark in the growing demand for its leading FloSureTM autonomous inflow control device (AICD) range, with more than 10,000 now having been installed globally. The achievement emphasises Tendeka’s position as the market ...
  • Skywave: Launches IDP-782 For Fleet Management Applications March 4, 2015 - Feature-rich, dual-mode terminals allow fleet managers to contain the costs of moving in and out of communications networks with automatic sat/cell coverage switching, flexible programming and backup battery SkyWave, an ORBCOMM company, today introduced the dual-mode IDP-782 communications terminal at Mobile World Congress from March 3-5 in Barcelona, Spain. The ...
  • TAM International Introduces Next Generation of TAM FastSwell® Technology February 25, 2015 - TAM International, Inc., an independent oilfield services company providing inflatable and swellable packers, has introduced a new swellable packer technology as part of their extensive FREECAP® swellable packer product line. The TAM FastSwell® technology utilizes a proprietary process that alters the geometric design of the elastomer to provide ultra-fast, but ...
  • Aker Solutions Develops Capping Technology to Limit Deepwater Drilling Risks February 19, 2015 - Aker Solutions delivered the key subsea component for the system being developed by Marine Well Containment Company to limit environmental risks from oil and gas production in the U.S. Gulf of Mexico. The Subsea Containment Assembly, or SCA, is designed to contain a well-control incident by connecting and creating a ...