Tendeka: Wins Two Major Contracts In Russia
Tendeka has announced two significant contracts for the sand and inflow control technology in Russia. Tendeka is the market leader in autonomous inflow control technology and the combined awards will include the supply of over four hundred devices in 2015. Tendeka is to provide RN-Purneftegaz with sand face completion equipment and …
Max Petroleum: AGR Energy to Own 51% After $59m USD Investment
Max Petroleum Plc is pleased to announce that it has today published a circular containing further details of the £37.1 million investment to be made by AGR Energy, subject to the fulfillment of certain conditions described below, and a notice of General Meeting, at which resolutions will be proposed to approve …
Shelton Petroleum: AGR-TRACS Audit Review Sees 7 Fold Increase in Reserves
On behalf of Shelton Petroleum, AGR-TRACS has carried out an independent Western reserve update related to two of the company’s oil fields in Russia. The oil reserves on the producing field are estimated to amount to approximately 41 million barrels, which corresponds to an increase by seven times compared to …
Statement by Jean-Jacques Guilbaud, Total’s Chief Administrative Officer
Total’s employees learned with profound sorrow of the tragic death of Christophe de Margerie, their Chairman and CEO. Mr. de Margerie was killed when his jet collided with a snowplow as it was taking off, shortly after 10:00 p.m. CET at Vnukovo airport in Moscow. The jet’s three crew members …
LUKoil Presents Corporate Development Program For Northwestern Federal District
OAO LUKOIL presented the indicators of its production and social performance, as well as a Corporate Development Program for the Northwestern Federal District (NWFD), in St. Petersburg today. Among those present were Vladimir Bulavin, the Russian Federation President’s envoy to the district, and LUKOIL President Vagit Alekperov. The key performance …
Gazprom: Board of Directors Approves the Adjustments to the Investment Program, Budget and Cost Reduction Program for 2014
The Gazprom Board of Directors approved the adjusted Investment Program, Budget (Financial Plan) and Cost Optimization (Reduction) Program for 2014. According to the adjusted Investment Program for 2014, the total amount of investments will make up RUB 1 trillion 026.15 billion, which is a RUB 220.146 billion increase as compared …
ROGTEC Girl Wows the Crowd in Sochi
TMG Worldwide is proud to announce that one of the key faces of the ROGTEC exhibition team, Anastasia Kuznetsova, was chosen as one of the “Grid Girls” at the recent Russian Grand Prix, held in Sochi a few weeks ago. Anastasia, who will be recognised by many of you …
Verkhnechonskoye Field Produced the 30-millionth Ton of Oil Since Coming on Stream
Verkhnechonskoye oil and gas condensate field produced the 30-millionth ton of oil since the beginning of commercial operating in October 2008, when Verkhnechonskneftegaz started supplies of oil to Eastern Siberia – Pacific Ocean oil pipeline. The record became possible due to effective geologic technical operations and implementation of ground infrastructure …
Lamprell Completes Second Caspian Sea Drilling Unit
Lamprell (ticker: LAM), a leading provider of fabrication, engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, is pleased to announce that it has successfully completed construction of the second Caspian Sea jackup drilling rig, the “Mercury”. Completion of this rig is another …
Igor Sechin Made a Working Visit to Azerbaijan
Igor Sechin made a working trip to Azerbaijan. In the course of the visit the Head of Rosneft met with SOCAR’s chief Rovnag Abdullaev. The parties discussed the execution of joint projects in the area of oil production and refining in Russia and Azerbaijan. Afterwards Rosneft head and SOCAR President …