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Sabetta airport welcomes its first scheduled passenger flight 02/03/2015 Sabetta airport welcomes its first scheduled passenger flight
JSC Yamal LNG (hereinafter Yamal LNG) informs that the first passenger flight along the route Novi Urengoi – Sabetta has taken place. A Boeing 737-400 delivered 138 passengers – Yamal LNG employees and those of contractor companies.

 Gazprom Neft has increased its reserves by 11.5%, compensating fivefold for 2014 production 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%).

INPEX  to  Transfer Portion of Participating Interest in Deepwater Block R, Offshore East Malaysia to Santos 01/30/2015 INPEX to Transfer Portion of Participating Interest in Deepwater Block R, Offshore East Malaysia to Santos
INPEX CORPORATION (INPEX) announced today that through its wholly-owned subsidiary, INPEX Offshore South West Sabah, Ltd., it has reached an agreement to transfer 10% of its participating interest in the Deepwater Block R (the Block) to Santos Sabah Block R Limited, a subsidiary of Santos Limited (Santos), a major Australian oil and gas exploration and production company.

Results of TATNEFT's Reservoir Pressure Maintenance System Development 01/29/2015 Results 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.

FMC Technologies Awarded $393 Million Subsea Systems Contract for Eni's Block 15/06 East Hub Project Offshore Angola 12/19/2014 FMC Technologies Awarded $393 Million Subsea Systems Contract for Eni's Block 15/06 East Hub Project Offshore Angola
FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Eni Angola to supply subsea production systems for its deepwater Block 15/06 East Hub development. The order has an estimated value of $393 million in revenue.

FMC Technologies Awarded $268 Million Subsea Systems Contract for Chevron's Agbami Phase 3 Project 12/18/2014 FMC Technologies Awarded $268 Million Subsea Systems Contract for Chevron's Agbami Phase 3 Project
FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from Star Deep Water Petroleum Limited (a Chevron company), operator of the Agbami field, to provide subsea equipment for operations in the Agbami field, offshore Nigeria.

First stage of Urengoyskoe field ramped up to full capacity 12/12/2014 First stage of Urengoyskoe field ramped up to full capacity
OAO NOVATEK (“NOVATEK” and/or the “Company”) announced today that the first stage of the Urengoyskoye field within the Samburgskiy license area developed by SeverEnergia (a joint venture between NOVATEK and OAO Gazprom Neft) reached its full design capacity of approximately seven (7) billion cubic meters (bcm) of natural gas and 2.5 million tons of gas condensate per annum.

Turkmenistan Delegation Visited TANECO 11/17/2014 Turkmenistan Delegation Visited TANECO
A delegation of the Republic of Turkmenistan headed by Myratgeldy Meredov, Deputy Minister of Petroleum and Mineral Resources, paid a business visit to JSC TANECO on November 13. The delegation included the representatives of the Turkmenistan Ministries of Industry, Trade and Foreign Economic Relations, Energy, Economics and Development.


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