TATNEFT continues to use the proven effective new technologies. Among them there is a system of dual completion and production of two or more layers through one borehole and a dual completion and injection system to maintain reservoir pressure.
February 16, 2011: Total and IPIC have signed an agreement whereby Total will sell its 48.83% share in the capital of CEPSA. This sale will take place pursuant to a public takeover bid over the entire share capital of CEPSA that IPIC has undertaken to file with the Spanish Securities Commission CNMV.
A well incident was detected on the exploration rig Deepsea Atlantic. The incident was reported to the Petroleum Safety Authority Norway.
The contract was concluded for shipping coal to Chelyabinsk Heating Power Station-2, producing heat and electric power for the needs of the city and for some industrial enterprises in Chelyabinsk.
OJSC Krasnoyarskenergospetsremont (a subsidiary of SUEK) and OJSC Power Machines have signed an agreement to supply steam turbines and turbo-generators supplied for power stations of OJSC Kuzbassenergo. The equipment is to be delivered as part of investment projects set forth in Power Supply Contracts (PSCs).
Solid consumption waste disposal plant and several specialized companies involved in contaminated fluids and mercury arc lamps reclamation were visited by group of SHTOKMAN DEVELOPMENT AG (SDAG) environmental experts jointly with their colleagues from OOO GAZPROMDOBYCHASHELF and their subcontractors.
Izhorskiye Zavody was visited by the government delegation and business leaders of the Tatarstan Republic, led by the minister of industry and trade R. Kh. Zaripov. The delegation comprised I.R. Mingaleev, first deputy minister of industry and trade, and executives and technical specialists of OAO TAIF, OAO TAIF-NK, OAO TATNEFT, OAO PO ElAZ, OAO Bugulminsky Mechanical Plant, OAO Kazankompressormash.
Adjusted operating profit: €4.74 billion in the quarter (up 28%); €17.3 billion for the full year (up 31.9%). Adjusted net profit: €1.72 billion in the quarter (up 23.6%); €6.87 billion for the full year (up 31.9%). Net profit: €0.55 billion in the quarter (up 40.2%); €6.32 billion for the full year (up 44.7%).
Exxon Mobil Corporation announced today that additions to its proved reserves in 2010 totaled 3.5 billion oil-equivalent barrels, replacing 209 percent of production. Excluding the impact of asset sales, reserves additions replaced 211 percent of production.
CS Saveh has started its operation officially in Iran. Station equipment was manufactured by JSC «Sumy Frunze NPO». At present the station is the largest not only in Iran, but all over the Middle East.