Oil & Gas Operators

Gazprom Neft has signed a Memorandum of Understanding (MOU) with Phystech Ventures and North Energy Ventures, venture capital firms managing several funds and investing consistently in the development of hydrocarbon production technologies in Russia. The purpose of the signed document is to formalise existing cooperation in monetising high-tech projects in …

JSC KazMunaiGas Exploration Production (“KMG EP” or “Company”) announces its operating results for the first nine months of 2017. Production KMG EP, including its stakes in Kazgermunai (“KGM”), Karazhanbasmunai (“CCEL”) and PetroKazakhstan Inc. (“PKI”), produced 8,884 thousand tonnes of crude oil (239 kbopd) in the first nine months of 2017, …

On October 23, 2012, Gazprom Dobycha Nadym started the commercial operation of gas production facility No. 2 at the Bovanenkovskoye field. Gas production facility No. 1 was brought online in 2014 and new wells and a booster compressor station came onstream in early 2017. Over the five-year period of operation, …

Gazprom Neft, together with the at the Moscow Institute of Physics and Technology (MIPT) Engineering Centre have established a fracking support centre in St Petersburg to investigate optimum technological solutions for developing the unconventional reserves of the Bazhenov Formation. The new centre will employ geologists, geomechanics and engineers from Gazprom …

PetroNeft an oil & gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to provide an update on the S-375s delineation well at Sibkrayevskoye oil field. Highlights – Testing of the S-375s well has been …

Gazpromneft-Lubricants, operator of the Gazprom Neft lubricants business, has become the first company in Russia to start producing oils for the production of drilling fluids using its own technology. The range includes four import substitutes under the Gazpromneft Drilline brand name, with total production volumes of up to 5,000 tonnes …

Caspian Sunrise PLC, the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased to update the market with news of success at its Deep Well A5 at its flagship BNG Contract Area. Background Caspian Sunrise has a 99% interest in the BNG Contract Area, which is …

The Gazprom Board of Directors approved the revised investment program, budget (financial plan) and cost optimization (reduction) program for 2017. The key figures of the investment program did not change compared to the version approved by the Gazprom Management Committee in September this year. Pursuant to the revised investment program …

Karachaganak Petroleum Operating Company (KPO) celebrates the 20th Anniversary of the signing of the Karachaganak Final Production Sharing Agreement (FPSA). Celebration festivities were staged today at the regional Kazakh drama theatre bringing together dignitaries, Karachaganak veterans, representatives of republican and local authorities, KPO Partner Companies, community leaders and media. Two …

Specialists from the Gazprom Neft Science and Technology Centre, in partnership with Yandex Terra (Seismotech, Ltd), Pangea PJSC and the Moscow Institute of Physics and Technology (MIPT) are developing Russia’s first Big Data, integrated platform for the processing and interpretation of seismic data, supporting the entire seismic-survey cycle, from objective setting to project completion. Multiple programmes are required in delivering …