Udmurtneft Replenished Oil Reserves By 152% In 2023
The Udmurtneft company (operating under the management of Rosneft Oil Company and the Chinese petrochemical corporation Sinopec) in 2023 replenished oil reserves by 152%. Increasing the efficiency of reserve replenishment is one of the key elements of Rosneft’s development strategy. The company plans to replenish at least 100% of produced …
Rosneft Discovered a New Field in Udmurtia
Udmurtneft (a joint venture between Rosneft and Sinopek) has discovered a new field in the Republic of Udmurtia. More than 400 thousand tons of recoverable oil reserves are planned to be put on the State Balance. The field is named after Alexander Zelenin, Honored Oilman of the Udmurt Republic, who …