OAO NOVATEK (“NOVATEK” and/or the “Company”) reported today preliminary operating data for the first quarter 2015.
04/08/2015Operating results for three months of the current year
In January-March 2015, Surgutneftegas produced 15,152.7 thousand tonnes of crude oil. For the year to date, crude output in the Republic of Sakha (Yakutia) equaled over 2,029.9 thousand tonnes, 12% up versus three months of the last year.
03/23/2015FMC Technologies and Technip to launch Forsys Subsea
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.
03/05/2015Total Expands into Plastics for Automotive Solutions
Paris - On February 25, 2015, Total acquired a majority 68% interest in Germany's Polyblend, which manufactures polymer plastics intended primarily for the automotive industry. The transaction is aligned with the Group's strategy of developing higher-value-added polymers and differentiating itself in markets away from commodity plastics.
02/03/2015 Gazprom Neft has increased its reserves by 11.5%, compensating fivefold for 2014 production
As at 31 December 2014 Gazprom Neft’s total proved and probable (2P) hydrocarbon reserves (including the Company’s share in joint ventures*) by international SPE-PRMS** standards amounted to 2.55 billion tonnes of oil equivalent. This represents an 11.5% or 263 million tonnes increase over 2013’s figures. Gazprom Neft’s production volumes in 2014 (66 million tonnes of oil equivalent BOE) were compensated almost five fold by new reserves (497%).
01/29/2015Results of TATNEFT's Reservoir Pressure Maintenance System Development
JSC TATNEFT continues developing promising technologies for reservoir pressure maintenance (RPM) aimed at reducing energy costs and increasing production efficiency. The Company continued to work on injection wells downhole equipment protection against high pressure and corrosion as well as on optimization of the reservoir pressure maintenance processes.
Technological innovations – the basis of the future economy of Russia Gas pipeline ballasting
Future operations improvement prospects Hydrocarbon production in Russia’s Far North
System level approach to environmental policy