http://www.oilandgaseurasia.com/news/ The latest news on the OGI in Russia and CIS by OilansGasEurasia.com. Find energy industry news, petroleum market analysis, technology trends and feat en Oil & Gas Eurasia RSS Feed Generator Canadian companies are ready to work the the leadership of Tyumen Region in the oil and gas sector, Canadian Ambassador to Russia John Sloan said after meeting the governor of Tyumen Region. http://www.oilandgaseurasia.com/news/p/0/news/14965/ Thu, 17 May 2012 00:00:00 -0600 Red Mountain Energy has opened a branch office in Kazakhstan to facilitate its growing position on the CIS market, the company reported in a news release. http://www.oilandgaseurasia.com/news/p/0/news/14961/ Thu, 17 May 2012 00:00:00 -0600 Visiting Polish Prime Minister Donald Tusk and his Canadian counterpart Stephen Harper on Monday announced that their two countries would bolster energy cooperation to develop shale gas deposits. http://www.oilandgaseurasia.com/news/p/0/news/14953/ Wed, 16 May 2012 00:00:00 -0600 Tethys Petroleum today announced that Chegara Production Limited (“CPL”), its 100% owned subsidiary, has signed a Production Enhancement Contract (“PEC”) for a new oil field, the Chegara Group of Fields (“Chegara”), in Uzbekistan. http://www.oilandgaseurasia.com/news/p/0/news/14952/ Wed, 16 May 2012 00:00:00 -0600 Tethys Petroleum has received an updated oil Resource Report For its Kazakhstan Assets that estimates gross unrisked recoverable mean prospective oil resources of 1.17 Billion barrels of oil, the company reported in a news release. The Resource report also shows a substantial amount of prospective gas resources. http://www.oilandgaseurasia.com/news/p/0/news/14955/ Wed, 16 May 2012 00:00:00 -0600 Venezuela's National Assembly is starting debate Tuesday on reforming a financing deal with China that would make it more binding for Venezuela to ramp up its payments in the form of oil on financing from the Asian country. http://www.oilandgaseurasia.com/news/p/0/news/14954/ Wed, 16 May 2012 00:00:00 -0600 SOCAR, Azerbaijan’s state-owned energy company, is looking to enter Libya’s downstream sector. According to Azerbaijan’s foreign ministry SOCAR plans to build a refinery and a chain of petrol stations in the country, marketing under its own brand. http://www.oilandgaseurasia.com/news/p/0/news/14956/ Wed, 16 May 2012 00:00:00 -0600 Shell is a global leader in the race to increase the amount of oil recovered from existing oilfields, Qatar Shell executive vice-president Wael Sawan said. http://www.oilandgaseurasia.com/news/p/0/news/14959/ Wed, 16 May 2012 00:00:00 -0600 Prime Minister Donald Tusk has pledged that the exploitation of shale gas “will begin a new epoch for energy in Poland.” http://www.oilandgaseurasia.com/news/p/0/news/14957/ Wed, 16 May 2012 00:00:00 -0600 Max Petroleum Plc (MXP:LSE), an oil and gas exploration and production company focused on Kazakhstan, has announced that the ASK-J1 appraisal well in the Asanketken Field has reached a total depth of 1,378 metres with electric logs indicating 36 metres of net oil pay. http://www.oilandgaseurasia.com/news/p/0/news/14925/ Mon, 14 May 2012 00:00:00 -0600 A festive ceremony dedicated to launching the first production well in the Turonian deposit located in Western Siberia took place today at the Yuzhno-Russkoye oil, gas and condensate field operated by Severneftegazprom. Top executives from Gazprom, Gazprom Export and Severneftegazprom took part in the event. http://www.oilandgaseurasia.com/news/p/0/news/14935/ Mon, 14 May 2012 00:00:00 -0600 Varyoganneftegaz (a TNK-BP group company) will invest over 2 billion rubles in 2012 into field infrastructure projects in West Siberia, the company reported in a news release. The company will build around 109 new and overhaul another 100 existing facilities. http://www.oilandgaseurasia.com/news/p/0/news/14939/ Mon, 14 May 2012 00:00:00 -0600 Shareholders of Nord Stream AG have asked the company to conduct a feasibility study of possible options to further increase the capacities to transport natural gas from Russia to the EU through the Baltic Sea. Over the next eight months, Nord Stream will make an assessment of various criteria of up to two potential additional pipelines, including technical solutions, route alternatives, environment and financing. http://www.oilandgaseurasia.com/news/p/0/news/14938/ Mon, 14 May 2012 00:00:00 -0600 News from the 10th Russian Petroleum&Gas Congress / RPGC 2012 http://www.oilandgaseurasia.com/news/p/0/news/14918/ Sat, 12 May 2012 00:00:00 -0600 Italian prosecutors are probing oil giant ENI over bribes it allegedly paid that could see restrictions placed on its Kazakhstan operations. http://www.oilandgaseurasia.com/news/p/0/news/14923/ Fri, 11 May 2012 00:00:00 -0600 Since the beginning of the year, Servisnaya Burovaya Kompaniya (Service Drilling Company) has drilled 500,000 meters of wells, the Oil and Gas Information Agency has reported. According to the agency, this is a record for the company. SBK specialists have built and commissioned 118 wells. http://www.oilandgaseurasia.com/news/p/0/news/14921/ Fri, 11 May 2012 00:00:00 -0600 Colombia's Juan Manuel Santos and Chinese President Hu Jintao presided over the signing here Wednesday of nine agreements to boost cooperation in a range of industries, including the oil sector. http://www.oilandgaseurasia.com/news/p/0/news/14915/ Thu, 10 May 2012 00:00:00 -0600 In 2012, TNK-BP plans to launch 41 pilot projects at fields in West Siberia, TNK-BP CFO Jonathon Muir said during a news conference. http://www.oilandgaseurasia.com/news/p/0/news/14920/ Thu, 10 May 2012 00:00:00 -0600 Ukraine is likely to award tenders to two Western energy companies for potentially large shale gas fields, a government source said on Thursday, as Kiev tries to reduce its dependence on gas imports from Russia. http://www.oilandgaseurasia.com/news/p/0/news/14916/ Thu, 10 May 2012 00:00:00 -0600 India will have to meet its increasing demand for natural gas through LNG imports, with domestic production forecast to decline, oil minister S. Jaipal Reddy said Tuesday. http://www.oilandgaseurasia.com/news/p/0/news/14901/ Wed, 09 May 2012 00:00:00 -0600 Chevron Corporation (NYSE: CVX) announced that the Pacific Santa Ana, a deepwater drillship built to Chevron's specifications, has arrived in the Gulf of Mexico to work for Chevron under a five-year contract with a subsidiary of Pacific Drilling S.A. (NYSE: PACD). Pacific Santa Ana is the first drillship designed with the capacity to perform dual gradient drilling (DGD). http://www.oilandgaseurasia.com/news/p/0/news/14902/ Wed, 09 May 2012 00:00:00 -0600 A six-generation semi-submersible CNOOC 981 made its first deep-water drill at a depth of 1,500 meters in the South China Sea on Tuesday. This is the first independent deep-water drilling rig developed in China, marking "a substantial step" made by the country's deep-sea oil industry. http://www.oilandgaseurasia.com/news/p/0/news/14903/ Wed, 09 May 2012 00:00:00 -0600 Ukraine is ready to participate in the construction of the Trans-Anatolian gas pipeline from Azerbaijan through Turkey to Europe. Ukraine wants to "both make a financial contribution and provide pipes and compressor stations," said Ukrainian Prime Minister Mykola Azarov during the meeting with Turkish Deputy Prime Minister Ali Babacan. http://www.oilandgaseurasia.com/news/p/0/news/14904/ Tue, 08 May 2012 00:00:00 -0600 Russia's state oil company Rosneft and Norway's Statoil have signed a deal to jointly explore Russian offshore deposits in the Barents Sea and Sea of Okhotsk. http://www.oilandgaseurasia.com/news/p/0/news/14893/ Mon, 07 May 2012 00:00:00 -0600 Russian Prime Minister Vladimir Putin has signed a government resolution on providing tax breaks for fields with tight oil, the Russian Energy Ministry reports. http://www.oilandgaseurasia.com/news/p/0/news/14887/ Fri, 04 May 2012 00:00:00 -0600 Conflicting positions between the oil industry, the state and regional interests dominate ahead of the decision, which will shape the energy future of the Norwegian Barents Sea. http://www.oilandgaseurasia.com/news/p/0/news/14882/ Fri, 04 May 2012 00:00:00 -0600 A joint Rosneft and Lukoil group for drafting projects related to developing the shelf will begin working after May 10, Lukoil President Vagit Alekperov told journalists. http://www.oilandgaseurasia.com/news/p/0/news/14888/ Fri, 04 May 2012 00:00:00 -0600 The deals offered by Rosneft to ExxonMobil and Eni suit us perfectly well, Lukoil President Vagit Alekperov told journalists last week. Now, Lukoil is taking steps which could make it Rosneft's third Arctic offshore partner. http://www.oilandgaseurasia.com/news/p/0/news/14891/ Fri, 04 May 2012 00:00:00 -0600 Belarusian refineries plan to refine 23 million tons of oil and crude oil in 2012, compared to 20.474 million tons in 2011, Belneftekhim reported. http://www.oilandgaseurasia.com/news/p/0/news/14889/ Fri, 04 May 2012 00:00:00 -0600 French Shtokman partner Total is ready to postpone the final investment decision on the project until 2013. http://www.oilandgaseurasia.com/news/p/0/news/14890/ Fri, 04 May 2012 00:00:00 -0600 The shipyards Yantai CIMC Raffles Offshore Ltd., CMHI/Shenzhen as well as Shanghai Waigaoqiao Shipyard in China have awarded Siemens Energy a total of three orders for electrical power supply packages for offshore drilling rigs. http://www.oilandgaseurasia.com/news/p/0/news/14871/ Thu, 03 May 2012 00:00:00 -0600 China National Petroleum Corp said on Wednesday that its Guangdong-based mega joint refinery with Venezuelan partner Petroleos de Venezuela SA started construction last Friday and is set to open by the end of 2014. http://www.oilandgaseurasia.com/news/p/0/news/14873/ Thu, 03 May 2012 00:00:00 -0600 http://www.oilandgaseurasia.com/news/p/0/news/14883/ Thu, 03 May 2012 00:00:00 -0600 Max Petroleum Plc (MXP:LSE) began testing the ASK-2 well in the Asanketken Field in a Jurassic reservoir from depths between 1,302 and 1,305 metres, producing at a stable rate of 616 barrels of oil per day (“bopd”), with approximately 3% water, the company reported in a news release dedicated to its production activities. http://www.oilandgaseurasia.com/news/p/0/news/14857/ Wed, 02 May 2012 00:00:00 -0600 Aker Solutions has been awarded a contract by Murphy Sabah Oil for the delivery of a subsea production system for the Siakap North - Petai deepwater development. Contract value is undisclosed. http://www.oilandgaseurasia.com/news/p/0/news/14858/ Wed, 02 May 2012 00:00:00 -0600 If test drilling results by the Saponis energy company are anything to go by, Poland has a lot more shale gas deposits than estimated by Poland's Geological Institute. http://www.oilandgaseurasia.com/news/p/0/news/14872/ Wed, 02 May 2012 00:00:00 -0600 Centrica plc, the parent company of British Gas, has today completed its $1,525 million (£936 million) agreement with Statoil Petroleum AS to acquire a package of producing and development oil and gas assets in the Norwegian sector of the North Sea. http://www.oilandgaseurasia.com/news/p/0/news/14859/ Wed, 02 May 2012 00:00:00 -0600 Varyoganneftegaz (a TNK-BP company) expects to have up to 35 percent of producers equipped with new generation tubing by the end of 2013 to increase production efficiency, TNK-BP reported in a news release. http://www.oilandgaseurasia.com/news/p/0/news/14862/ Wed, 02 May 2012 00:00:00 -0600 The vessel M/V Artemis Atlantic starts the acquisition on Wednesday this week in the southern part of the Barents Sea, the Norwegian Petroleum Directorate reports. The vessel will sail the area and acquire 2D seismic data in hope to find oil and gas. http://www.oilandgaseurasia.com/news/p/0/news/14844/ Thu, 26 Apr 2012 00:00:00 -0600 The US energy giant Chevron told the European Parliament, Tuesday, that there was a “campaign of misinformation” around shale gas exploration in Europe. http://www.oilandgaseurasia.com/news/p/0/news/14845/ Thu, 26 Apr 2012 00:00:00 -0600 The Gazprom Board of Directors met and approved work done within Gazprom's Oil Business Strategy, with Gazprom Neft being primarily responsible for this sector. http://www.oilandgaseurasia.com/news/p/0/news/14848/ Thu, 26 Apr 2012 00:00:00 -0600 Nord Stream AG announces the successful completion of its complex international logistics program. According to Nord Stream, this "award-winning green logistics concept enabled the most efficient and environmentally-sound way" of supplying to the pipe-laying vessels the 200,000 24-ton concrete weight coated (CWC) pipes needed for Nord Stream's twin natural gas pipelines through the Baltic Sea. http://www.oilandgaseurasia.com/news/p/0/news/14846/ Thu, 26 Apr 2012 00:00:00 -0600 TNK-BP's Varyoganneftegaz will carry out large-scale wellwork in 2012 with an effect of production growth by more than 1 mln tonnes, which is 25% higher than the same figure of 2011, the company reported in a news release. http://www.oilandgaseurasia.com/news/p/0/news/14847/ Thu, 26 Apr 2012 00:00:00 -0600 Polish prime minister Donald Tusk has taken part in the Polish-Saudi Business Forum in Riyadh, where the head of government is drumming up more business ties with the Arab nation. http://www.oilandgaseurasia.com/news/p/0/news/14831/ Wed, 25 Apr 2012 00:00:00 -0600 Total and the partners of the Bongkot Joint Venture announce the start of the production from the Greater Bongkot South (GBS) gas and condensate field in the Gulf of Thailand. The Joint Venture is operated by PTTEP (44.45%), alongside partners Total (33.33%) and BG Group (22.22%). http://www.oilandgaseurasia.com/news/p/0/news/14830/ Wed, 25 Apr 2012 00:00:00 -0600 As a result of hydraulic fracturing (HF) on the Tympuchikanskoye oil field, well no. 96 has begun to gush oil at a rate of 120 cubic metres per day. http://www.oilandgaseurasia.com/news/p/0/news/14832/ Wed, 25 Apr 2012 00:00:00 -0600 International oil service group Aker Solutions is preparing for major growth by investing NOK 500 million (USD 87 million) in its subsea business. This investment is set to double the capacity of its manufacturing plants in Tranby, Norway, and Port Klang, Malaysia. In addition, a new service base will also be established in Malaysia. http://www.oilandgaseurasia.com/news/p/0/news/14834/ Wed, 25 Apr 2012 00:00:00 -0600 An agreement signed by Rosneft President Eduard Khudainatov and Eni CEO Paolo Scaroni on Wednesday makes the two company strategic partners in two very promising field structures in the Barents Sea. The Fedynsky field and the Tsentralno Barentsevo field are believed to hold a total of more than 25 billion barrels of oil equivalents. http://www.oilandgaseurasia.com/news/p/0/news/14843/ Wed, 25 Apr 2012 00:00:00 -0600 Gazprom, which had been dismissive of the future of shale gas, said Wednesday it sees as important further research and development of technologies for production of the non-traditional gas. http://www.oilandgaseurasia.com/news/p/0/news/14842/ Wed, 25 Apr 2012 00:00:00 -0600 PGNiG Norway, a subsidiary of Polskie Górnictwo Naftowe i Gazownictwo SA, was notified by BP, the operator of the Skarv project, of postponement of oil and gas production on the Norwegian Continental Shelf from Q2 2012 to Q4 2012. The postponement is caused by a delay in installation of risers due to adverse weather conditions on the Norwegian Sea. http://www.oilandgaseurasia.com/news/p/0/news/14833/ Wed, 25 Apr 2012 00:00:00 -0600