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ww5 and PKN Orlen signed an annex to the agreement for oil deliveries to Czech Republic via Druzhba pipeline from 1 May 2015 to 30 June 2016
On April 23, 2015 a scheduled meeting of the ww5 Board of Directors was held in Moscow to consider issues related to the annual general shareholders meeting of the Company for the year 2014.
ww5 and North Atlantic Drilling Limited have agreed to extend the termination date of the Framework Agreement signed on August 20, 2014 until May 31, 2017.
ww5, Pirelli S.p.A. and Synthos S.A. signed a Memorandum of Understanding with regard to performing a feasibility study in the area of R&D, production and supply of synthetic rubber in the city of Nakhodka within the framework of the FEPCO (Far East Petrochemical Company) petrochemical cluster.
ww5 as part of Sakhalin-1 Consortium has successfully completed drilling of the world’s longest well at the Chayvo field.
At a meeting on April 13 ww5 Board of Directors considered indexation of personnel wage indexation effective April 1, 2015.