Oil & Gas Operators

Opening of Order Book for Additional Replacement of Gazprom’s Eurobonds of Series 29 with Russian Bonds

Gazprom carries on the additional exchanges of Eurobonds for the bond holders who could not take part in the initial replacement operations. In line with the decision of PJSC Gazprom, Gazprom capital LLC will place an additional issue of Russian bonds replacing the Eurobonds of Gaz Capital S.A. of series 29 issued for the amount of USD 900 million (maturity date – February 6, …

READ MORE →
Oil & Gas Operators

Gazprom Neft and the Omsk Region are Expanding Cooperation to Develop the Region

At the St. Petersburg International Economic Forum, Gazprom Neft and the Omsk Region signed an agreement on implementing humanitarian and environmental projects and improving the region’s investment climate. In Omsk, Gazprom Neft is building a plant for the production of high-tech raw materials for metallurgy, is implementing a national project …

READ MORE →
Oil & Gas Operators

Gazpromneft-Vostok Produced the 30 Millionth Ton of Hydrocarbons

The cumulative production of Gazpromneft-Vostok has reached 30 million tons of liquid hydrocarbons. The production activity of the enterprise began in 2005 with the development of the southwestern part of the Krapivinskoye field in the Omsk region. Currently, Gazpromneft-Vostok is producing hydrocarbons at 6 licensed areas in the Tomsk and …

READ MORE →
Oil & Gas Operators

Surgutneftegas Increased Oil Production by 7.4 Percent in 2022

Surgutneftegas increased oil production by 7.4% last year to 59.6 million tons, the company said. “In the reporting year, oil production by Surgutneftegas PJSC amounted to 59.6 million tons, which is 7.4% higher than in 2021,” the company’s report says. It is noted that in 2022, Surgutneftegaz carried out more …

READ MORE →
Oil & Gas Operators

Gas Production in Azerbaijan to Increase by 7% in 2023-2026

The international rating agency S&P Global Ratings predicts a decline in oil production in Azerbaijan by about 7% in 2023-2026. “Although oil prices were favorable, Azerbaijan’s production continued to decline. Azerbaijan is one of the oldest oil producers in the world, having started commercial production in the 19th century. Existing …

READ MORE →
Oil & Gas Operators

Caspian Sunrise: Sale of 50% of Caspian Explorer & Operational Update

Introduction The Board of Caspian Sunrise is pleased to update the market with news of the conditional sale of 50% of the Caspian Explorer for $22.5 million together with a general operational update. Background The Caspian Explorer is a drilling vessel designed specifically for use in the shallow northern Caspian …

READ MORE →
Oil & Gas Operators

Petrosibir AB (publ) publishes a second balance sheet for liquidation purposes

The Board has, in accordance with 25 Chap. 16 § of the Swedish Companies Act prepared a second balance sheet for liquidation purposes which has been examined by the auditor of the company. The balance sheet reveals that the total equity of the company exceeds the registered share capital. In …

READ MORE →
Oil & Gas Operators

Irkutsk Oil Company Explores the Possibility of Building an LNG Plant in Ust-Kut

The Irkutsk Oil Company is exploring the possibility of building a plant for the production of liquefied natural gas (LNG) in Ust-Kut. This was reported to journalists by the head of the INC, Yakov Ginzburg. “Now we are considering the construction of an LNG plant in Ust-Kut, the estimated processing …

READ MORE →
Oil & Gas Operators

Head of Irkutsk Oil Company: Helium plant launched in pilot application mode

The Irkutsk Oil Company (INC) has launched a helium plant at the Yarakta oil and gas condensate field (Irkutsk region) in the trial mode. The head of the company, Yakov Ginzburg, told reporters about this. “Today, the plant is operating in the pilot application mode, gradually being brought to the …

READ MORE →
Oil & Gas Operators

Gazprom Neft Neural Network has Found New Oil Reserves in Khanty-Mansi Autonomous Okrug and the Tomsk Region

The Gazprom Neft neural network has found new hydrocarbon deposits in the Khanty-Mansi Autonomous Okrug and the Tomsk Region at the Vakhskoye field. According to preliminary estimates, their initial recoverable reserves are at least 100,000 tons of oil. Hydrocarbon inflow has already been obtained from the found reservoirs. The digital …

READ MORE →