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 …
Oil and Gas Companies are Compensated for Part of the Costs of Purchasing Domestic Drilling Rigs
The Government of the Russian Federation extends support for oil and gas companies through the provision of utilization grants. With their help, market participants can compensate for part of the cost of updating drilling rigs. The decision to this effect was signed by Prime Minister Mikhail MISHUSTIN, the Devon news …
TNG-Group is Ready to Explore Deep Wells in Uzbekistan
The Tatarstan oilfield service company TNG-Group and Uzbekneftegaz have agreed on new joint projects on digital geological modeling. The parties will also hold events for the exchange of experience. And the specialists of the Uzbek state company will improve their skills in training centers and production facilities of TNG-Group. The …
The Unique Yamal LNG Megaproject is Five Years Old Anniversary
On November 29, 2017, the Yamal LNG project received state permission to put into operation the main technological facilities of the first stage of the liquefied natural gas plant, including the first production line, 58 gas wells and large-scale infrastructure. The Yamal LNG megaproject, which provides for the construction of …