Eurasia Journal News

Gazpromneft-Lubricants, operator of the Gazprom Neft lubricants business, has become the first company in Russia to start producing oils for the production of drilling fluids using its own technology. The range includes four import substitutes under the Gazpromneft Drilline brand name, with total production volumes of up to 5,000 tonnes …

Caspian Sunrise PLC, the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news of success at its Deep Well A5 at its flagship BNG Contract Area. Background Caspian Sunrise has a 99% interest in the BNG Contract Area, which is …

The Gazprom Board of Directors approved the revised investment program, budget (financial plan) and cost optimization (reduction) program for 2017. The key figures of the investment program did not change compared to the version approved by the Gazprom Management Committee in September this year. Pursuant to the revised investment program …

Karachaganak Petroleum Operating Company (KPO) celebrates the 20th Anniversary of the signing of the Karachaganak Final Production Sharing Agreement (FPSA). Celebration festivities were staged today at the regional Kazakh drama theatre bringing together dignitaries, Karachaganak veterans, representatives of republican and local authorities, KPO Partner Companies, community leaders and media. Two …

Specialists from the Gazprom Neft Science and Technology Centre, in partnership with Yandex Terra (Seismotech, Ltd), Pangea PJSC and the Moscow Institute of Physics and Technology (MIPT) are developing Russia’s first Big Data, integrated platform for the processing and interpretation of seismic data, supporting the entire seismic-survey cycle, from objective setting to project completion. Multiple programmes are required in delivering …

As part of CERAWeek international gathering of energy industry leaders held in New Delhi, Rosneft Chief Executive Officer Igor Sechin and the Prime Minister of India Narendra Modi discussed the prospects of further cooperation between Rosneft and its Indian partners as well as creating favorable conditions for development of Rosneft …

A delegation of the Republic of Uzbekistan headed by Deputy Prime Minister Gulomzhon Ibragimov visited the enterprises of the Nizhnekamsk sector of TATNEFT: JSC TANECO and the tire manufacturing complex of the Company on October 11 within the framework of the working visit to the Republic of Tatarstan. The delegation …

Gazpromneft-Sakhalin, a subsidiary of Gazprom Neft (the “Company”), has completed drilling of a prospecting and appraisal well at its Ayashsky licence block, located on the continental shelf of the Okhotsk Sea. As a result, a new hydrocarbon field has been discovered, with initial in-place reserves estimated at 255 million tonnes …

Zoltav, the Russia-focused oil and gas exploration and production company, provides an update on operations on the Bortovoy Licence, Saratov. In Zoltav’s half-year report published on 26 September 2017, the Company stated that it was re-evaluating the forward drilling programme for the Permian Basin in the Western Fields in order …

Viktor Zubkov, Chairman of the Gazprom Board of Directors, and Amin H. Nasser, President and CEO of Saudi Arabian Oil Company, signed in Moscow a Memorandum of Understanding for international cooperation in the gas sector. The signing ceremony took place on the margins of the official visit to Russia by Salman bin Abdulaziz Al Saud, King of Saudi Arabia. The document reflects the intention …