Oil & Gas Operators

The rapidly approaching date of re-start of production at Kashagan on October 23 automatically reanimates the question of the need for construction of another major project, namely, the Kazakhstan Caspian Transport System (KCTS). KSTC, otherwise known as the TransCaspian System, had been created specifically with Kashagan oil in mind. The …

PJSOC Bashneft’s Board of Directors has approved the Company’s Innovative Development Programme until 2021 with an outlook until 2026. Previously, the Programme had been approved by the Interdepartmental Commission for Technological Development under the Office of the Presidential Council for Economic Modernization and Innovative Development. ‘Introduction of innovations is a …

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 report its results for the 6 months ended 30 June 2016. Highlights – Current gross production from Licence 61 is about …

The Gazprom Board of Directors commended the Company for the progress made on its major investment projects. It was noted that Gazprom was taking extensive countrywide efforts to set up new gas production, transmission and processing facilities and develop the existing capacities. The Company’s efforts are aimed at maintaining a …

Gazpromneft-Noyabrskneftegaz and Gazpromneft-Yamal, subsidiaries of Gazprom Neft, have won recent tendering rounds for subsoil usage rights to the Yuzhno-Noyabrskoye and Kamennomysskoye (onshore) fields, both located in the Yamalo-Nenets Autonomous Okrug, in close proximity to Gazprom Neft’s existing infrastructure. Recoverable oil reserves at the Yuzhno-Noyabrskoye field include 0.655 million tonnes of C1 reserves and 0.2 million tonnes of potential (recoverable) …

In the course of geological exploration of the Kirinsky prospect in the Sea of Okhotsk, a prospecting and appraisal well was drilled in the Yuzhno-Lunskaya structure within the Sakhalin III project. As a result, a substantial gas and condensate inflow was reported, signaling the discovery of a new field. As soon as the well is tested and the geological information is analyzed, the reserves estimates for …

A ceremonial event marking the launch of the Vostochno-Messoyakhskoye field took place today. The event was attended by Alexey Miller, Chairman of the Gazprom Management Committee, Igor Sechin, Chief Executive Officer of Rosneft, and Alexander Dyukov, Chairman of the Gazprom Neft Management Board. Russian President Vladimir Putin gave the command via a video call to start offloading oil …

Gazprom received through diplomatic channels the first permits for the TurkStream project from the authorities of the Turkish Republic after the decision to resume the project this year. At last week’s negotiations between Alexey Miller, Chairman of the Gazprom Management Committee, and Berat Albayrak, Minister of Energy and Natural Resources of the Turkish Republic, the parties reached the agreement …

Alexey Miller, Chairman of the Gazprom Management Committee, and Artyom Obolensky, Director General of RusGazDobycha, signed at the Eastern Economic Forum 2016 in Vladivostok a Master Agreement regarding the joint project for the development of the Parusovoye, Severo-Parusovoye and Semakovskoye fields located in the Yamal-Nenets Autonomous Area. The document is a follow-up to the agreements reached at the St. Petersburg International …

OAO NOVATEK (NOVATEK) announces that its subsidiary OOO NOVATEK-Yurkharovneftegas won the bid for a geological survey, exploration and hydrocarbons production license for the Syadorskiy subsoil area for a term of 25 years. The auction resulted in a one-time payment for the subsoil use in the amount of 404 million rubles. The …