Eni Sells its Stake in South Stream
Eni entered into an agreement for the sale of its 20% stake in South Stream Transport B.V. to Gazprom. Following the transaction, Eni will recover the capital invested to date in the project, calculated coherently with existing agreements. Before the agreement, South Stream Transport was owned by Gazprom with a …
Tatneft: December 2014 Board of Directors Meeting Results
A regular meeting of the Board of Directors of JSC TATNEFT chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Almetyevsk (Republic of Tatarstan), on December 25, 2014. The Board of Directors reviewed the budget performance of JSC TATNEFT for eleven months of 2014 and approved …
ERIELL Group and Schlumberger Deploy New Rotary Steerable System in Samburgskoye Field
ERIELL Group and Schlumberger today announced the successfully completion of the construction of a 4245 m horizontal well in the Samburgskoye field using the latest rotary steerable system (RSS) from Schlumberger. The combination of the new PowerDrive Orbit vorteX RSS with a customized Smith polycrystalline diamond compact (PDC) bit and …
TATNEFT and TANECO Are among "ECOleaders" of Tatarstan
JSC TATNEFT was for the eleventh time running recognized the absolute winner of the Republican “ECOleader” contest. JSC TANECO was awarded the first place in the nomination “Oil Production and Petrochemical Industry.” The awarding ceremony of the winners of the Republican “ECOleader” and “Man and Nature” contests was held in …
TATNEFT and TANECO Are among “ECOleaders” of Tatarstan
JSC TATNEFT was for the eleventh time running recognized the absolute winner of the Republican “ECOleader” contest. JSC TANECO was awarded the first place in the nomination “Oil Production and Petrochemical Industry.” The awarding ceremony of the winners of the Republican “ECOleader” and “Man and Nature” contests was held in …
In 2014 Rosneft and General Electric Accomplished a Training Program for the Employees of the Oil Company
Rosneft and General Electric have accomplished a training program for managers and engineers of the Company. The project was realized as part of the strategic partnership between Rosneft and General Electric. Modern challenges of global energy oblige leading companies of the world invest in human development. Rosneft treats this field …
Rosneft Increases its Stake in the National Oil Consortium to 80% of Shares
Rosneft and Lukoil signed a package of legally binding documents regarding Rosneft’s acquisition of 20% share in the National Oil Consortium LLC (NOC). Due to this deal the share of Rosneft in the charter capital of NOC will increase to 80%, with the remaining 20% owned by Gazprom Neft. Consolidation …
Роснефть увеличила долю в Национальном нефтяном консорциуме до 80%
ОАО «НК «Роснефть» и ОАО «Лукойл» подписали пакет юридически обязывающих документов по приобретению 20% доли в ООО «Национальный нефтяной консорциум» (ННК). В результате сделки доля Роснефти в уставном капитале ННК доведена до 80%, оставшиеся 20% принадлежат «Газпром нефти». Консолидация управления консорциумом в результате данной сделки позволит существенно улучшить операционный контроль …
Rosneft Started Experimental Production at Turonian Deposits of Yamal
Rosneft started experimental production of tight gas reserves of the Turonian field at the Kharampurskoye field, situated at the territory of the Yamalo-Nenets Autonomous District. First produced gas is already delivered to the gas booster station of the Kharampurskoye field. In order to engage tight reserves into upstream, the Company …
LUKOIL Agrees to Sell Its Interest in National Oil Consortium
OAO LUKOIL and OAO Rosneft Petroleum Company signed a package of legally binding documents regarding the sale of LUKOIL’s interest in OOO National Oil Consortium (NOC), in Moscow today. LUKOIL intends to sell its 20% stake in the authorized capital of the NOC, established by Russian oil companies in October …