Events

Rosneft Appoints President

6 September 2010 Rosneft Oil Company appointed First Vice-President Eduard Khudainatov the President of the Company starting from September 6, 2010.

Tatneft Has Reaffirmed Compliance with the Highest International Standards

3 September 2010 A regular compliance audit of the integrated management system of industrial, occupational and environmental safety successfully took place in Tatneft.

Schlumberger Completes Merger with Smith International

1 September 2010 The merger widens Schlumberger's lead as the world's largest oilfield services company based on revenue and market capitalization.

New Technologies and Equipment

Baker Hughes Installs World’s First Ultra-Temperature SAGD Production Systems

2 September 2010 Baker Hughes has installed the world’s first ultra-temperature electrical submersible pumping (ESP) systems in steam assisted gravity drainage (SAGD) wells in the Canadian oil sands.

Schlumberger Water Services launches Diver-DCX

31 August 2010 Diver-DCX provides users with the ability to integrate Diver dataloggers into telemetry systems for effective, real-time monitoring of municipal water supplies, industrial and contaminated sites, and water levels and quality at mine sites.

Baker Hughes Develops Asphalt Additives to Reduce Hydrogen Sulfide Levels

11 August 2010 Additives help to achieve health, safety and environmental compliance.

Analytics

Water Treatment Key to Hydraulic Fracturing's Future

12 August 2010 The Marcellus shale gas exploration rush that has washed over Pennsylvania has created concerns over how hydraulic fracturing impacts local water supplies.

OPEC: No Need to Increase Supply

10 June 2010 The Organization of Petroleum Exporting Countries said Wednesday it wouldn't need to boost its supply after cutting demand forecasts for its crude and boosting supply estimates for rival producers, despite the impact of a U.S. oil spill.

Strict Regulations Protect Russian Oil Offshore Platforms From An Oil Disaster

4 June 2010 Russia has the world’s strictest regulations on offshore oil production, but lags seriously behind with regard to emergency preparedness, a leading official in the country's main environmental watchdog says. In an interview with newspaper Izvestia, leader of the marine division in the Russian Environmental Control Agency (Rosprirodnadzor) says Russia today probably has the world’s strictest environmental regulations for oil companies operating on the shelf.