Oil & Gas Operators

Petrosibir is pleased to announce that it has entered into an agreement to drill two exploration wells on the Suyanovskoye licence block in Bashkiria. The drilling of these wells will be financed by the partner in exchange for a 49% interest in the licence block. The Suyanovskoye licence, issued on …

The 23rd Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Monday, 19 October 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation. The Committee expressed its …

Vienna, Austria, 19 October 2020 – The price of OPEC basket of thirteen crudes stood at $41.37 a barrel on Friday, compared with $41.29 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), …

Gazprom Neft received 5 licenses for geological exploration of the flanks * of explored and developed fields in the Yamalo-Nenets Autonomous District. All new blocks will be developed by Gazprom Neft’s subsidiary, Gazpromneft- Noyabrskneftegaz. Licenses were issued for 7 years. In the Purovsky District of the Yamalo-Nenets Autonomous District Gazpromneft- …

The Board of Caspian Sunrise is pleased to announce that the re-registration of the shares in Prosperity Petroleum, the UAE company which is the sole shareholder of KC Caspian Explorer LLP the Kazakh registered entity which owns a 100 per cent interest in the Caspian Explorer, has been finalised. Accordingly, the acquisition of …

Vienna, Austria, 16 October 2020 – The price of OPEC basket of thirteen crudes stood at $41.29 a barrel on Thursday, compared with $41.20 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), …

Vienna, Austria, 15 October 2020 – The price of OPEC basket of thirteen crudes stood at $41.20 a barrel on Wednesday, compared with $40.68 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), …

PJSC NK Rosneft is implementing a comprehensive long-term scientific program in the Arctic, which includes geological, hydrometeorological and environmental studies. This work is being carried out in cooperation with the leading scientific and design organizations of the country. In this northern water area of ​​the Arctic, shallow wells are drilled for …

President of LUKOIL, Vagit Alekperov and the Governor of Nizhny Novgorod region Gleb Nikitin had a meeting in Moscow today. They discussed current progress on the ongoing projects and prospects for the future development of cooperation between the company and the region. “LUKOIL is one of the pivotal enterprises in …

Gazprom Neft has become one of the first companies in Russia’s oil and gas industry to launch a business model for monetising technology. This new subsidiary, Gazpromneft — Technology Partnerships, will focus on developing integrated solutions for ensuring commercial viability on “hard-to-recover” oil-production projects, and on selling innovative developments within this industry-specific market. In establishing this new business model …