Eurasia Journal News

LUKOIL and Baker Hughes Sign Memorandum on Cooperation

Today at the St. Petersburg International Economic Forum President of PJSC LUKOIL Vagit Alekperov and Chairman and CEO of energy technology company Baker Hughes Lorenzo Simonelli have signed a Memorandum on Cooperation. This memorandum provides for the merging of the parties’ efforts, technologies and experience in the production and supply of …

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Eurasia Journal News

Rosneft Oil Company held its Annual General Shareholder Meeting

Rosneft shareholders approved the dividends at 73.55 bln rubles for 2020, which is 50 % of the Company’s IFRS net profit attributable to Rosneft Oil Company shareholders. The Annual General Shareholder meeting was held on June 1, 2021. The owners of 91.4% of Rosneft shares took part in the meeting. …

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Eurasia Journal News

Vostok Oil and United Energy Construction Corporation Agree to Build North Bay Port Oil Terminal

Vostok Oil (Rosneft Group Subsidiary) and AO United Energy Construction Corporation have signed an agreement for the installation of hydraulic structures at the North Bay Port Oil Terminal. The agreement envisages preparation of working documentation packages for the “Oil Terminal. North Bay Port” Project along with construction of two general …

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Eurasia Journal News

Rosneft and LENMORNIIPROEKT Sign Contract for Expansion of North Bay Port Oil Terminal

Vostok Oil (Rosneft Group Subsidiary) and AO LENMORNIIPROEKT have concluded a survey and design contract for expansion of the North Bay Port Oil Terminal (Stages 2 and 3) to enable shipment of up to 100 million tons of Vostok Oil’s commercial crude oil by 2030. In 2020, Rosneft commenced full-field …

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Eurasia Journal News

Rosneft Expands Cooperation in Research and Technology

During the XXIV St. Petersburg International Economic Forum, Rosneft signed an agreement with the Polytechnic University of Turin (Italy) for the implementation of research in “Studies of the possibilities of intellectualization for solving problems of processing and interpreting seismic data”. As part of the agreement, advanced methods of intellectualization of …

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Eurasia Journal News

Gazprom Neft and the Tomsk Region are Expanding Cooperation in the Field of Import Substitution

Gazprom Neft and the Administration of the Tomsk Region signed an agreement to develop cooperation in the field of import substitution and technologies in oil production, as well as to increase the supply of high-tech lubricants and bitumen materials to the region. The document was signed by Alexander Dyukov, Chairman …

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Eurasia Journal News

Gazprom Neft and the Tomsk Region Administration will Create a Technological Testing Ground for the Production of “Difficult” Oil

Gazprom Neft and the Tomsk Region Administration agreed to expand a joint project to create technologies for prospecting and developing pre-Jurassic deposits * . At the St. Petersburg International Economic Forum, the document was signed by Alexander Dyukov, Chairman of the Gazprom Neft Management Committee, and Sergei Zhvachkin, Governor of …

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Eurasia Journal News

Gazprom Expanding Cooperation with World Energy Council

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Angela Wilkinson, Secretary General and CEO of the World Energy Council (WEC), took place today at the St. Petersburg International Economic Forum 2021. The parties discussed the key areas of the energy research activities supported by the WEC on a permanent basis. The meeting also touched upon the …

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Eurasia Journal News

Alexey Miller and Battsetseg Batmunkh, Mongolia’s Foreign Minister, Discuss Soyuz Vostok Project

A working meeting between Alexey Miller Chairman of the Gazprom Management Committee, and Battsetseg Batmunkh, Minister of Foreign Affairs of Mongolia, took place today at the St. Petersburg International Economic Forum 2021. The parties discussed the construction project for the Soyuz Vostok gas pipeline, which is meant to provide supplies of Russian gas across Mongolia to China. Particular attention was paid …

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Eurasia Journal News

3D Seismic Surveys Fully Completed at Vaneyvisskoye and Layavozhskoye Fields

A working meeting between Alexey Miller Chairman of the Gazprom Management Committee, and LUKOIL, President of LUKOIL, took place today at the St. Petersburg International Economic Forum 2021. Particular attention was paid to the progress of the project for the development of the Vaneyvisskoye and Layavozhskoye fields in the Nenets Autonomous Area. It was noted that, taking …

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