NOVATEK and TOTAL Sign Heads of Agreement on Acquiring a 10% Stake in Arctic Transshipment LLC
PAO NOVATEK signed a Heads of Agreement with TOTAL on the sale of a 10% participation interest in Arctic Transshipment LLC. Arctic Transshipment LLC is NOVATEK’s wholly owned subsidiary that will eventual operate two LNG transshipment complexes currently under construction in the Kamchatka and Murmansk regions. The transshipment complexes are …
Gazprom Neft Creates New Technology Centers to Train Logistics Innovations
Gazprom Neft will train employees and customers in logistics innovations using new technology centers, the first of which opened on the basis of the Terminal * intelligent logistics space in the Khanty-Mansiysk Autonomous Okrug – Yugra. At the center of new technologies are presented key solutions implemented in the company’s …
Rosneft Employees Submitted 70 Innovative Projects to the Science and Technology Leadership Competition
Rosneft held the Scientific and Technological Leadership competition for 2020 among specialists, managers and design groups of the Company’s enterprises. This year, employees of 24 subsidiaries of the company presented more than 70 reports. Based on the results of the competition, a jury consisting of Rosneft experts determined the best innovative …
Bashneft Replenished Oil Reserves by 330% in 2020
ANK Bashneft (part of NK Rosneft) in 2020, due to geological exploration, new acquisitions and revaluation of reserves of operating fields, increased oil reserves in the amount of about 43 million tons of AB1C1 category. Reserves replacement was 330%. The systematic work of Bashneft to increase the resource base is carried …
OPEC Daily Basket Price: Monday, 26 April 2021, Stood at $63.22 a Barrel
Vienna, Austria, 27 April 2021 – The price of OPEC basket of thirteen crudes stood at $63.22 a barrel on Monday, compared with $63.63 the previous Friday, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), …
The Structural Division of Tatneft, the TatNIPIneft Institute, is 65 Years Old
The order on the establishment of the Tatar Oil Research Institute (TatNII) was signed on April 24, 1956 with the aim of creating in Tatarstan a research and design base for solving urgent problems of exploration, development and operation of oil fields. The scientists of the institute, together with the oilmen, …
OPEC Daily Basket Price: Friday, 23 April 2021, Stood at $63.63 a Barrel
Vienna, Austria, 26 April 2021–The price of OPEC basket of thirteen crudes stood at $63.63 a barrel on Friday, compared with $63.06 the previous day, according to OPEC Secretariat calculations (view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …
Head of Rosprirodnadzor Invited Schoolchildren of Yamal to Participate in the Award “Ecology is Everyone’s Business”
The head of the Federal Service for Supervision of Natural Resources Svetlana Radionova invited Yamal schoolchildren to take part in the International Children and Youth Prize “Ecology is everyone’s business” during a working trip to Novy Urengoy. The head of Rosprirodnadzor announced this on Friday, April 23, during a visit …
PetroNeft: Licence 67 Operational Update
PetroNeft an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 90% owner and operator of Licence 67 and 50% owner and operator of Licence 61, is pleased to provide the following operational update for Licence 67. Highlights Completion of the Cheremshanskoye road ahead …
TATNEFT Robotized SVN Wells
Monitoring of extra-viscous oil production at the facilities of TATNEFT switched to robotic control. The tool for monitoring operational data on wells was implemented by the specialists of the Production Department of EHV, Tatneft – Digital Development and STC Automation, Measurements, Engineering. Algorithms for solving this problem were developed jointly with …