Company news
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16.09.2015
Russian antimonopoly service to look into Schlumberger-EDC deal
Russia’s Federal Antimonopoly Service (FAS) will consider the deal on purchase of 46% of Eurasia Drilling Company (EDC) shares by the US Schlumberger. More»
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11.09.2015
Russia's Energy Minister Expects Oil Market Stabilization
Russia's energy minister expects that cuts in global shale oil production, which has been hard hit by lower oil prices, will help stabilize the fragile oil market. More»
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08.09.2015
Russia cuts funding of geological surveys by 20%
The cuts in state funding are connected both to the increasing monopolization of the sector and to the difficult economic situation, Minister of Natural Resources Sergey Donskoy said. More»
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07.09.2015
Gazprom, BASF, E.ON, ENGIE, OMV and Shell sign Shareholders Agreement on Nord Stream II project
The project will be implemented by the New European Pipeline AG joint venture. According to the document, Gazprom will own a 51 per cent share in the joint project company, while E.ON, Shell, OMV and BASF/Wintershall will have ten per cent each, and... More»
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04.09.2015
Rosneft agreed on sale of 15% in Vankorneft to ONGC Videsh
Rosneft and Indian ONGC Videsh Limited during the Eastern Economic Forum signed the agreement of sale and purchase of 15% in Vankorneft and shareholders agreement in regard of the enterprise management. More»
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03.09.2015
Schlumberger Acquires Novatek
Schlumberger announced that it has acquired Novatek Inc. and Novatek IP, LLC. (Novatek), U.S.-based companies that specialize in synthetic diamond technology primarily for the oil and gas industry. More»
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02.09.2015
China Oilfield Services Limited To Drill for the Rosneft and Statoil Project in the Okhotsk Sea
Magadanmorneftegaz, Lisyanskmorneftegaz (joint ventures of Rosneft and Statoil) and China Oilfield Services Limited (COSL) signed a contract to drill two exploration wells in 2016. More»
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01.09.2015
Eni discovers largest known gas field in Mediterranean
Eni said in a statement that the Zohr field, which covers an area of about 60 square miles (100 sq. km), could hold as much as 30 tn cubic feet of gas. More»
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28.08.2015
Schlumberger to buy oilfield gear maker Cameron in $14.8 billion deal
Schlumberger Ltd will buy equipment maker Cameron International Corp for $14.8 billion, as the world's top oilfield services firm scrambles to offer a broader range of products at lower prices to oil companies slashing budgets. More»
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27.08.2015
Grand losses in offshore Arctic oil
Oil companies Gazprom Neft and Eni will lose big money on their offshore projects in the Barents Sea. More»
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