Wintershall Dea Will Exit Russia
The company explained its decision by the measures of the Russian government, which banned Gazprom from buying gas from a joint venture with Wintershall below a certain limit. The total loss from leaving the German company was estimated at € 5.3 billion The German oil and gas company Wintershall Dea, …
Petrosibir Production Report December 2022
Petrosibir’s total oil production during December 2022 amounted to 22,965 barrels, equivalent to 741 barrels per day. The table below summarises the average monthly / daily production in 2021 and per month in 2022, broken down by region. 2021 2022 Average Jan Feb Mar Apr …
Russia Produced 2% More Oil Last Year
But in 2023, oil production may fall by 7-8%. Russia in 2022 increased oil production by 2%, to almost 535 million tons. Almost all major oil companies have increased production. Writes about this “Kommersant” (Dmitry Kozlov). LUKOIL grew by 6% to 81 million tons. Surgutneftegaz, which became the third in …
Alexey Vashkevich: “Our Task is to Find a Zone of Monetization of Fundamental Science”
Aleksey Vashkevich, Director of Technology Development at Gazprom Neft, who also heads the company’s Science and Technology Center, told TASS in an interview why the oil and gas industry today has become the epicenter of the development of Russian science, how hydrocarbons can be generated in a matter of hours …
Petrosibir Production report for November 2022
Petrosibir’s total oil production during November 2022 amounted to 22,928 barrels, equivalent to 764 barrels per day. The table below summarises the average monthly / daily production in 2021 and per month in 2022, broken down by region. 2021 2022 Average Jan Feb Mar Apr May …
LUKOIL Becomes Leader of ESG-Indices
PJSC LUKOIL became one of the leaders of ESG-indices of Russian Union of Industrialists and Entrepreneurs (RSPP): Responsibility and Transparency and Sustainability Vector. The 2022 index participant list was compiled on the basis of RAEX-600 Top 100 rating of the largest Russian companies and the Moscow Exchange Index companies list. …
Alexey Miller and Kazakh Energy Minister Bolat Akchulakov Discuss Relevant Cooperation Issues
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Bolat Akchulakov, Minister of Energy of the Republic of Kazakhstan, took place today. The parties discussed relevant issues pertaining to their cooperation and potential avenues for its development. Source
Alexey Miller and Turkish President Recep Tayyip Erdogan Discuss Russian Gas Supplies and Creation of Gas Hub in Türkiye
A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to Türkiye. As part of the visit, Alexey Miller was welcomed to a meeting by the President Recep Tayyip Erdoğan in Istanbul, with the participation of Fatih Dönmez, Minister of Energy and Natural Resources. Matters pertaining to Russian gas supplies to Turkish consumers, as well as the prospects of creating a gas …
Representatives of TotalEnergies Resign from NOVATEK’s Board of Directors
PAO NOVATEK (“NOVATEK” and/or the “Company”) announced that the Company received notices from representatives of TotalEnergies Arnaud Le Foll and Dominique Marion of their resignation from NOVATEK’s Board of Directors. Source
Saipem Strengthens its Offshore Drilling Fleet: Purchase Option Exercised for the Santorini Drillship
Saipem has exercised its purchase option concerning the seventh-generation Santorini drillship, which is already operating within the Saipem fleet by way of a long-term charter agreement signed with Samsung Heavy Industries in 2021. The exercise price of the purchase option is 230 million USD, to be paid by the end …