Due to the ongoing sanctions program imposed by the Western nations on the Russian markets - UOR, Unconventional Oil Russia has been temporarily suspended.
Russian oil giant Rosneft said on Tuesday that the Qatar Investment Authority sovereign wealth fund would pay around 3.7 billion euros ($4.23 billion) for a 14.16 percent stake in the company...
Halliburton Company, founded in 1919, is kicking off its 100th anniversary celebration by ringing The Opening Bell® today at 9:30 a.m. Eastern Daylight Time...
Halliburton Company (NYSE: HAL) today released the Illusion® Spire, the first fluid efficient dissolvable frac plug. This offering expands on the capabilities of current dissolvable plugs...
In preparation for the launch of our fully mobile hardbanding range, SkyeGo, Hardbanding Solutions have this week been working with Urbancroft, a multi-award winning film production company. Three training films will be shot...
Rather than replacing worn work tube, a new procedure for the application of Duraband ® NC hardbanding on work string tubing connections is said to restore worn work string tubulars...
Multi-stage acid-proppant fracturing has been used for the first time by Gazprom Neft, at well No. 1522 in the Eastern block of its Orenburgskoye oil and gas-condensate field....
Rosneft Board of Directors affirmed key parameters for Samotlor field development program. As for today, total oil output at Samotlor exceeds 2.7 btoe. Over 19,000 wells were drilled at the field...
Rosneft Board of Directors approved the plan of Company’s financial and economic activities for 2018-2019 on an in-person meeting in Sochi...
Rosneft Board of Directors approved the “Rosneft-2022” Strategy aimed to qualitatively change the Company’s business by introducing the advanced management approaches and new technologies...
Vallourec announces that, after negotiations run with the US oil services company NOV, it has received a binding offer for the purchase of Vallourec Drilling Products business, for a total cash amount of US$63 million...
GE‘s new CEO’s plans stick to health care, power and aviation, stop short of breakup. General Electric Co.’s new leader plans to unveil a road map Monday for the conglomerate...
Gazprom Neft, together with the at the Moscow Institute of Physics and Technology (MIPT) Engineering Centre have established a fracking support centre in St Petersburg to investigate optimum technological solutions...
Gazpromneft-Lubricants, operator of the Gazprom Neft lubricants business, has become the first company in Russia to start producing oils for the production of drilling fluids using its own technology...
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, will supply 18.4 thousand tonnes of casing pipe with TMK UP premium threaded connections to LUKOIL subsidiaries...
Emerson has agreed to acquire Paradigm®, a leading provider of software solutions for the oil and gas industry, for a purchase price of $510 million, reflecting a multiple of 13 times expected 2017 EBITDA...
Microsoft Corp. and Halliburton today announced plans to enter into a strategic alliance to drive digital transformation across the oil and gas industry. The relationship will combine the expertise of a global leader in cloud and digital transformation...
“In the course of testing of Bazhenov Formation, RussNeft obtained a flow rate of 100 tonnes per day at Sredne-Shapshinskoye field”, says the press release of the company...
Total is pleased to announce that the Boards of Total and A.P. Møller – Mærsk have both approved the acquisition of 100% of the equity of the E&P company Maersk Oil & Gas A/S, a wholly owned subsidiary...
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, has become the first Russian manufacturer to start the production of casing pipe with unique TMK UP CENTUM threaded connections...
Agreement extends successful long-term relationship in the conventional land drilling market. Schlumberger announced today an agreement to acquire a majority (51%) equity interest in Eurasia Drilling Company Limited...
Unconventional Oil Russia is a one day conference looking at the fracing and drilling technologies that are being provided by the leading service companies and contractors to help produce from these challenging reservoirs
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