Exterran – UK

Eckel 700m UK

Russia & CIS, OIL & GAS News

  • UK Government Tells LetterOne Group Friedman To Sell UK Assest April 21, 2015 - Russian billionaire Mikhail Fridman must sell his North Sea gas fields within six months, the UK has ordered. His LetterOne Group acquired the assets as part of a €5.1bn acquisition of the oil and gas arm of Germany’s RWE. UK energy secretary Ed Davey fears production from the gas fields ...
  • Urals Energy: No Bids Received to Make Share Price Jump April 20, 2015 - The Board of Urals Energy PCL (AIM:UEN), the independent exploration and production company with operations in Russia, notes the rise this morning in the Company’s share price and the speculation online regarding a possible offer for Urals Energy. The Company confirms that it has not received an approach with regards ...
  • Salym Petroleum Development: Appoint Alexey Govzich as CEO April 20, 2015 - On 20 April 2015 Alexey Govzich has been appointed Chief Executive Officer of Salym Petroleum Development (SPD). He took over the position from Oleg Karpushin who will continue his career in Shell. “I am glad that I will be working with a solid professional team set up in SPD”, Alexey ...
  • Lundin Petroleum: Appoint Nick Walker as Senior Vice President Development and Operations April 20, 2015 - Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that Mr. Nick Walker will join Lundin Petroleum’s management team as Senior Vice President Development and Operations. Mr. Walker will join Lundin Petroleum with immediate effect and will have the responsibility of overseeing all worldwide development projects as well as being ...
  • Statoil Committed to End Routine Flaring by 2030 April 17, 2015 - Statoil and several other oil companies and nations joined together today to commit, for the first time, to end the practice of routine gas flaring at oil production sites by 2030. CEO Eldar Sætre represented Statoil at the signing at the World Bank in Washington together with Norwegian foreign minister ...
  • Almost Three Million Barrels Of Arctic Oil Delivered From the Prirazlomnoye Field April 17, 2015 - The Kirill Lavrov tanker has delivered a new batch of ARCO arctic oil to Europe in its sixth shipment of oil. More than 2.9 million barrels of oil have been extracted from the Prirazlomnoye oil field since production began. The Kirill Lavrov and Mikhail Ulyanov Arc6 class double-hulled icebreaking oil ...
  • Volga Gas: Mikhail Ivanov To Step Down, Andrey Zozulya to Become CEO April 17, 2015 - Volga Gas plc, the oil and gas exploration and production group operating in the Volga region of Russia, is pleased to announce a new Board appointment and further directorate changes. Mikhail Ivanov has advised the Board of the Company that after 9 years of service as Chief Executive Officer of ...
  • Nord Stream – Reliable and Efficient Route of Russian Natural Gas Supplies to Europe April 17, 2015 - The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Jean-Francois Cirelli, Special Advisor to the Presidency of GDF Suez (Gas Supplies). The parties addressed the current issues and prospects for the cooperation deepening in the gas sector, paying special attention to ...
  • Roxi Petroleum: BOCO Take $20m usd Subscription April 17, 2015 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce it has entered into a subscription agreement to raise $20m at above the current market price. The Company has entered into a Subscription Agreement with BOCO (H.K.) Limited, (“BOCO”),whereby BOCO will subscribe for ...
  • Rosneft Delays NADL Rig Deal Till 2017 April 17, 2015 - Rosneft and North Atlantic Drilling Limited have agreed to extend the termination date of the Framework Agreement signed on August 20, 2014 until May 31, 2017. Additionally, the parties have agreed to renegotiate the terms and characteristics of the transactions contemplated in the Framework Agreement and the terms of the ...

Event News

  • International Conference Oil and Gas Horizons 2015 Will Be Held From 24th to 26th November April 17, 2015 - This year the student chapter of SPE is running is organizing the 7th annual international scientific and practical conference “Oil and Gas Horizons 2015” at Gubkin Russian State University of Oil and Gas. Conference will be held from 24th to 26th November. Organizers of this conference are actively working on ...
  • Yamal Oil & Gas 2015 April 16, 2015 - YAMAL OIL & GAS 2015 is the only annual conference of global importance, which takes place in Yamal-Nenets Autonomous district and brings together more than 200 participants, including: more than 70 CEOs and top managers of Russian and international oil and gas companies, governors of local districts, government representatives, investors, world’s leading technology and equipment ...
  • LNG Congress 2015: Post Show Review April 16, 2015 - We would like to express our gratitude to the participants and partners of the 2nd international congress “LNG Congress 2015. Choosing development vector” organized by Vostock Capital. The event was attended by over 200 government officials and representatives of business and scientific communities. The evident success of the Congress is confirmed by excellent feedbacks received from our guests. On ...
  • Statoil Becomes Official Sponsor of the RAO/CIS Offshore 2015. April 15, 2015 - “Statoil” will be the official sponsor of the Conference and Exhibition RAO/CIS Offshore 2015. “Statoil” is a Norwegian multinational oil and gas company headquartered in Stavanger, Norway. It is a fully integrated petroleum company with operations in thirty-six countries. “Statoil” is the largest operator on the Norwegian continental shelf, with ...
  • 2nd Hard to Recover Oil Russia Technology Conference April 15, 2015 - As many of you will be aware, we have recently changed the name of our Unconventional Oil Russia Technology Conference. The new name will be the 2nd Hard to Recover Oil Russia Technology Conference. At TMG Events, we ensure that lines of communication are always open with the key stakeholders ...
  • Arkady Dvorkovich Checked the Preparation of RAO / CIS Offshore 2015 April 14, 2015 - Deputy Prime Minister Arkady Dvorkovich held a meeting on the preparation of the 12th International Conference and Exhibition on development of oil and gas resources of the Russian Arctic and continental shelf – RAO / CIS Offshore 2015 (15-18 September,St.petersburg). The meeting was attended by Academician Alexei Kontorovich and Evgeny ...
  • ONS 2015: Cancelled Due to Lack of Demand April 7, 2015 - Low oil prices, low activity and great uncertainty in the industry have meant that too few exhibitors have registered. Consequently, the ONS Foundation has had to cancel ONS Norway in August. The exhibitor registration was good until early in the year before it stagnated. There have also recently been a ...
  • 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 ...

Company News

  • Baker Hughes: Q1 Results: 20% Decline in Revenue April 21, 2015 - Baker Hughes Incorporated (NYSE: BHI) announced today results for the first quarter of 2015. – 20% decline in revenue compared to the first quarter of 2014 attributed to unfavorable market conditions. – GAAP net loss per diluted share of $1.35 for the quarter includes $557 million, or $1.28 per diluted ...
  • Polarcus: Sets New Standard for True Fast Track Processing April 21, 2015 - Polarcus has completed its first commercial onboard broadband fast track data processing project for one of the world’s largest independent oil and natural gas exploration and production companies, setting a new standard for turnaround. A 1,750 square kilometer broadband 3D volume was successfully processed through pre-stack time migration (“PSTM”) onboard ...
  • Exterran Partners Acquires Compression Assets from Exterran Holdings April 20, 2015 - Exterran Holdings, Inc. and Exterran Partners, L.P. today announced that Exterran Partners has acquired assets from Exterran Holdings for consideration valued at $102.3 million, including customer contracts serving 60 customers together with 244 compressor units used to provide compression services under those contracts. Those compressor units represent approximately 151,000 horsepower ...
  • Halliburton: To Sell Off Drill Bits, Directional Drilling and MWD/LWD Business Lines as Part of Baker Hughes Merger April 17, 2015 - Halliburton Company announced it will separately market for sale the company’s Fixed Cutter and Roller Cone Drill Bits, Directional Drilling and Logging-While-Drilling (LWD)/Measurement-While-Drilling (MWD) businesses. The final sale of these businesses will not be completed until we have reached acceptable terms and conditions negotiated by Halliburton, the approval of Halliburton’s Board ...
  • NADL: Confirms Framework Delay April 17, 2015 - On August 22, 2014 North Atlantic Drilling Ltd. announced that it had entered into a Framework Agreement between NADL, Seadrill and Rosneft Oil Company (“Rosneft”). On November 7, 2014, the closing of the transaction was delayed until the end of May 2015. Today, all parties have mutually agreed to extend ...
  • TAM International: Colin Graham Appointed Norway Country Manager April 16, 2015 - TAM International, an independent oilfield services company providing inflatable and swellable packers to the oil and gas industry, has opened a new office in Norway to support the company’s current business and seek further growth. To support the company’s goals, Colin Graham has been appointed as Norway Country Manager and ...
  • TGS and Dolphin Team Up For Hammerfest Basin MCS April 16, 2015 - TGS announces that it has signed a joint venture agreement with Dolphin Geophysical (DOLP) to acquire 4,500 km2 3D multi-client seismic survey over the western part of the Hammerfest Basin in the Barents Sea. The survey will provide industry with broadband data over APA acreage not previously covered by modern ...
  • Eurasia Drilling Company: 2014 Results – Drilled Metres Down 9.5%, Margin Up to 14.1% April 13, 2015 - Eurasia Drilling Company Limited,the leading onshore & offshore drilling service provider in the CIS, today announced its consolidated financial results for the year ended December 31, 2014, prepared in accordance with US GAAP. The audited Consolidated Financial Statements for the twelve months ended December 31, 2014, and Management’s Report on ...
  • Siemens: SINAMICS Cabinet Modules April 13, 2015 - A quick and sure way to find the perfect solution Thanks to the sealed cabinet system, the liquid-cooled Sinamics S120 Cabinet Modules frequency converter is ideally suited for use in harsh environments. Efficient heat dissipation means there is no need for air conditioning, which markedly reduces energy consumption. Sinamics S120 ...
  • TGS: Commences Cost Reduction Program – 10% of Workforce to Go April 13, 2015 - TGS announced a Cost Reduction Program reflecting the deterioration of the market for seismic data seen in the first quarter of 2015. Based on preliminary reporting from operating units, TGS management now expects net revenues for the first quarter of 2015 to be approximately USD 172 million, about 23% lower ...

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 ...