Oil & Gas Operators

Vienna, Austria, 12 June 2019–The price of OPEC basket of fourteen crudes stood at $62.56 a barrel on Tuesday, compared with $63.01 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 (Congo), …

Eni’s subsidiary Agip Caspian Sea B.V today has signed two Memorandum of Understanding (MoU) in Nur-Sultan, Kazakhstan. The agreements sanction the company’s commitment towards projects aimed at promoting technological cooperation in the oil and gas upstream exploration and production, as well as the unveiling of an initiative for the creation …

Vienna, Austria, 11 June 2019–The price of OPEC basket of fourteen crudes stood at $63.01 a barrel on Monday, compared with $62.71 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), Girassol (Angola), Djeno (Congo), …

Gazprom Neft and the Government of the Yamalo-Nenets Autonomous Okrug are to expand their cooperation in developing viable technologies for exploiting Achimovsky-strata oil deposits, with Dmitry Artyukhov, Governor of the Yamalo-Nenets Autonomous Okrug, and Alexander Dyukov, CEO, Gazprom Neft, having signed a Memorandum of Cooperation on creating a technology centre for developing Achimovsky deposits at the St Petersburg International Economic …

Gazprom Neft, Repsol and Shell have signed a memorandum of understanding at this year’s St Petersburg International Economic Forum on establishing a joint venture to develop the Leskinsky and Pukhutsyayakhsky license blocks on the Gydan Peninsula. The document was signed by Vadim Yakovlev, First Deputy CEO, Gazprom Neft, Tomás García Blanco, E&P Executive Managing Director, Repsol, and Cederic Cremers, …

Gazprom Neft and ZYFRA have agreed to establish a joint venture to develop digital solutions for managing production at industrial enterprises. The preliminary agreement was signed by Andrei Belevtsev, Chief Digital Transformation Officer of Gazprom Neft, and Igor Bogachev Chief Executive Officer of Zyfra during the St Petersburg International Economic Forum. The companies will focus on developing digital solutions …

Gazprom Neft and Zarubezhneft have used this year’s St Petersburg International Economic Forum to sign an agreement on establishing a joint venture for the exploration, development and production of hard-to-recover oil reserves, including unconventional hydrocarbons. The document was endorsed by Vadim Yakovlev, First Deputy CEO, Gazprom Neft, and Sergei Kudryashov, General Director, Zarubezhneft. Once the transaction closes …

Gazprom Neft and NOVATEK have concluded an agreement at this year’s St Petersburg International Economic Forum confirming their intention to cooperate in implementing projects in the Russian Arctic. Signatories to the document were Alexander Dyukov, Chairman of the Management Board, Gazprom Neft, and Leonid Mikhelson, Chairman of the Management Board, NOVATEK. The agreement confirms the parties’ intention of establishing a joint venture …

Gazprom Neft, the Government of the Tymen Oblast and Tyumen State University have signed a strategic partnership agreement at the St Petersburg International Economic Forum, with the parties agreeing to work together on establishing a science and education centre (SEC) in Tyumen. The signatories to the document were Vadim Yakovlev, First Deputy CEO, Gazprom Neft, Alexander Moor, Governor of the Tyumen …

Gazprom Neft and Shell have used this year’s St Petersburg International Economic Forum to sign an agreement on creating a joint venture to develop license blocks in the Yamalo-Nenets Autonomous Okrug. Gazprom Neft and Shell have signed all necessary legal documentation on a Sale and Purchase Agreement for a 50-percent interest in the authorised share capital of Meretoyakhaneftegaz, creating a joint venture on that basis. …