Company news
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24.03.2015
Schlumberger: the global oil market is clearly heading for a tightening in the second half of this year
The U.S. shale oil industry may have forever abandoned its heavy-spending ways in the face of sliding crude prices, Schlumberger Ltd, the world's No.1 oilfield services provider, said on Monday. More»
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19.03.2015
More Arctic gas for Europe
Statoil finds additional resources near the Aasta Hansteen project, few kilometers north of the Arctic Circle. More»
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16.03.2015
Lundin, Lukoil prepare for Barents drilling
The field named “Eagle” is located only about 100 km from the Russian border and will be the easternmost ever drilled on the Norwegian shelf. More»
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13.03.2015
Rimera's Izhevsk Plant Boosts Output of Oil Field Equipment in 2014
Izhneftemash plant, part of Rimera Group, has reported a 38% increase in product sales in 2014. More»
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12.03.2015
Gazpromneft Orenburg begins drilling at Kuvayskoye license area
Drilling has begun of a prospecting-and-appraisal (‘wildcat’) well, with a projected depth of 4,000 metres — the deepest of all wells thus far drilled at any of the Gazpromneft Orenburg fields. More»
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10.03.2015
Belorusneft considering oil recovery enhancement technologies for Indonesia
Specialists of the Belarusian industrial group Belorusneft have started studying the materials to determine the advisability of using modern oil recovery enhancement technologies in Indonesia. More»
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09.03.2015
Sanctions have cost ExxonMobil $1bn
The American oil major lost big money after cooperation with Rosneft in the Arctic, Black Sea and Western Siberia was wound down last year. More»
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06.03.2015
Gazpromneft Khantos acquires new licences
Gazpromneft Khantos has acquired two new exploration and production (E&P) licences, for the Maloyugansk and Zapadno-Zimnee fields in the Khanty Mansiysk Autonomous Region. More»
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05.03.2015
China eyes ownership in Russian oil
Moscow invites Chinese companies to take on more than 50 percent in strategic fields. That will open China’s door to major Arctic resources. More»
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02.03.2015
LUKOIL Sets World Record In Horizontal Drilling
The new record has been confirmed in the Schlumberger/Smith Bits world database. More»
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