Gazprom Neft, Mubadala Petroleum and the Russian Direct Investment Fund Establish a Joint Venture for Managing Assets in Western Siberia
Gazprom Neft has signed a binding agreement on the alienation of a 49-percent share in the authorised capital of Gazpromneft-Vostok — the purchasers being Mubadala Petroleum (United Arab Emirates) together with the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of Russia). The asset-holding structure following the closing of the transaction will be Gazprom Neft 51 percent, Mubadala Petroleum 44 percent, and …
Kazakhstan Intends to Produce Over 104 mln tons of Oil Per Year by 2025
Kazakhstan intends to produce more than 104 million tons of oil per year by 2025. This was announced by Kazakh Energy Minister Kanat Bozumbayev at a government hour on the development of the oil and gas sector in Kazakhstan on May 21. The volume of investments in major projects that …
Gazprom and RusGazDobycha Discuss Future of Joint Projects
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Artem Obolensky, Chairman of the Board of Directors of RusGazDobycha, took place today at the St. Petersburg International Economic Forum 2018. The parties discussed issues related to bilateral cooperation, including the project for the development of the Parusovoye, Severo-Parusovoye and Semakovskoye fields, as well as the evaluation of the …
Gazprom and Wintershall Address Cooperation Issues
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Mario Mehren, Chairman of the Board of Executive Directors of Wintershall Holding, took place today at the St. Petersburg International Economic Forum 2018. The meeting participants discussed the current issues and prospects of cooperation in the gas sector. Particular attention was paid to the progress of the Nord Stream …
Gazprom and Shell Continuing Joint Work on Baltic LNG Project
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ben van Beurden, Chief Executive Officer of Royal Dutch Shell, took place today at the St. Petersburg International Economic Forum 2018. The meeting participants discussed topical issues of strategic cooperation. Particular attention was paid to interaction in the area of liquefied natural gas, including a joint feasibility …
Gazprom and LUKOIL Set to Jointly Develop Two Fields in Nenets Autonomous Area
Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, today signed at the St. Petersburg International Economic Forum 2018 an Agreement stating the intention of the parties to jointly develop the Vaneyvisskoye and Layavozhskoye fields in the Nenets Autonomous Area. The document outlines the general terms and procedure for setting up a joint venture …
Gazprom and Total Express Satisfaction with Ongoing Cooperation in Oil and Gas Sector
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Patrick Pouyanne, Chairman and Chief Executive Officer of Total S.A., took place today at the St. Petersburg International Economic Forum 2018. The meeting participants expressed their satisfaction with the ongoing bilateral cooperation in the oil and gas sector. Gazprom and Total contribute to the …
Gazprom Neft and Mitsui will Assess the Prospects for Cooperation in the Development of Sakhalin Shelf Deposits
On May 24, 2018, Gazprom Neft and Mitsui signed a Memorandum of Understanding at St. Petersburg International Economic Forum. The parties agreed to assess the prospects for cooperation between the two companies to develop shallow offshore project on Sakhalin island*. The document was signed by Hirotatsu Fujiwara, Executive Managing Officer of Mitsui & Co. Ltd. and Andrey Patrushev, Deputy General Director …
Gazprom Neft and 1C to Start Work on Developing Oil-industry IT Solutions
Gazprom Neft and 1C Company are synchronising operations in developing IT solutions for the oil industry, with Gazprom Neft Deputy CEO for Administration Kirill Kravchenko and Boris Nuraliev, President, IC Company, signing a memorandum to that end at this year’s St Petersburg International Economic Forum. The objective of this cooperation is to bring cutting-edge digital products in corporate IT architecture to the Russian market. Gazprom Neft specialists …
Gazprom Neft and Repsol Sign Technological Co-operation Agreement
Gazprom Neft has signed an agreement on technological cooperation with Spain’s Repsol in the course of St. Petersburg International Economic Forum. The document was signed by Vadim Yakovlev, First Deputy CEO, Gazprom Neft, and Luis Cabra, Upstream Executive Managing Director, Repsol. The agreement involves co-operation in research and development of new technologies in oil and gas exploration and …