Oil and Gas service

Nigeria’s state-owned oil company said it signed a deal with Schlumberger Ltd. to provide $700 million for the development of two oil fields in the country’s crude-rich south, Bloomberd reports. The Anyala and Madu fields, estimated to have reserves of 193 million barrels of ...

Baku. The US Halliburton company considers itself a preferred provider of oilfield services in Azerbaijan, said Steven Hinnant, Business Development Manager of the company. He made the remarks at the 4th Caspian forum ‘Offshore Integrated Project Management & Methods of Production ...

Tyumen. Baker Hughes launched a new producing unit today. The plant will produce completion equipment in the currently operating facility. Note that the plant housing the production is the Tyumen Oilfield Equipment Complex opened in 2014. The new plant will be producing hydraulic packers, ...

Moscow. This year the State Reserves Committee celebrated its 90th anniversary. That is why the Reserves Ministry, Rosnedra and the UN European Economic Committee supported the international conference “Issues on reserves estimation in Russia compared to the international standards”. ...

Sevastopol. The Federal Antimonopoly Service has sent a request of U. S. company Halliburton to buy 100% in Russian oil-submersible pump producer Novomet to the government’s commission for foreign investment control, the service’s Director Igor Artemyev told reporters on Friday. ...

Tyumen. Hilong group, China’s oilfield services company, is starting business operations in Nizhnevartovsk and Surgut, as per Hilong market manager Juriy Gilenyuk who made this statement at the discussion pannel during the Innovation Week in Tyumen. Hilong group will open its factory ...

Houston. The oil industry's top equipment and services suppliers this week are hawking vastly cheaper ways of designing and equipping subsea wells, aiming to slash the cost of offshore projects to compete with the faster-moving shale industry. At the Offshore Technology Conference, the ...

Mirnyi. Yakutia’s authorities plan to build a factory at the biggest in the republic salt deposit to process salt so that it is used for drilling in the Arctic regions. The investment project is not finalized yet, first deputy head of the Kempendyai district Nikolai Alexandrov told. ...

Baar. Weatherford and Schlumberger today announced an agreement to create OneStim, a joint venture to deliver completions products and services for the development of unconventional resource plays in the United States and Canada land markets. The informaition publication on the website ...

Houston. Schlumberger announced the opening of a new purpose-built Production Technologies Center of Excellence aimed at solving customers’ global challenges related to oil and gas production chemistry, particularly those encountered in deepwater, heavy oil and other extreme environments. ...

Moscow. Russia will start manufacturing its own subsea equipment used to produce hydrocarbons in shallow areas in 2019-2020, Deputy Industry and Trade Minister Vasily Osmakov said in an interview with PRIME on Thursday. “Currently we are working to create a Russia-made subsea production ...

Moscow. A new large-capacity equipment was delivered to the staple of Zvezda shipbuilding complex , including two crane towers with carrying capacity of 100 t each. The length of the crane's arm is 81. 7 m, the width of the railtrack is 10. 5 m, the crane's height is 94. 5 m. The ...

Moscow. Transneft Volga Region completed scheduled reconstruction of sections of the following oil trunk pipelines (OTP): Krasnoarmeysk – Saratov Refinery, Nizhnevartovsk – Kurgan – Kuibyshev and Guryev – Kuibyshev. The work at the sections having the total length of ...

Almetyevsk, Tatarstan. The Company continued active design works on re-engineering the procurement system of TATNEFT Company in 2016 with introduction of the procurement categorization mechanisms, delegation of authority and responsibility personalization, as well as establishment of the ...

Nizhnevartovsk. JSC Samotlorneftegaz, a Rosneft’s subsidiary, is actively using new state-of-the-art technologies for pipeline testing and repairing. Thanks to the new technology the company has been reducing the number of failures since 2013. Today another new technology is ...

Moscow. Russia’s dependence on imported oil and gas equipment has dropped to 53% today, Industry and Trade Minister Denis Manturov said at a meeting of the United Russia faction. "We expected to reduce dependence on import to 60% this year. In fact, we have already exceeded this ...

Yekaterinburg. Scientists are working on ecology-friendly technology for drill waste disposal and processing in the Yamal-Nenets and Khanty-Mansi autonomous districts and in the Tyumen region. This was reported the Deputy Director General of the Neftegazproekt scientific-research institute ...

Moscow. International company Schlumberger has started constructing a plant manufacturing equipment for oil production in Lipetsk region. The company’s application was approved last year at the meeting of the Board of Experts for Industrial Production Special Economic Zones in the Ministry ...