Rosneft Starts Production on the Northern Tip of Chayvo
Rosneft starts production on the Northern Tip of Chayvo field on the Sakhalin Island. President of Russian Federation Vladimir Putin led the ceremony in a video link from Gorno-Altaysk. Russian Energy Minister Alexander Novak and head of Rosneft Igor Sechin were present on the Sakhalin Island. A new industry record …
Rosneft: 2Q14 Results: Berkut Platform Commissioned, Daily Hydrocarbon Production Increased by 4.6% EBITDA Increased by 41%, Net Income Increased by 5 Times, Net Debt Reduced by 365 Billion Roubles
In 1H14, the Company continued to demonstrate strong financial results due to stable hydrocarbon production levels, successful development of new projects, capital discipline and control of operational expenses. Hydrocarbon production amounted to 5 million barrels of oil equivalent per day which is 4.6% higher than in 1H13. Daily crude oil …
Rosneft and ExxonMobil Have Installed Unique Berkut Platform on Sakhalin Shelf
Rosneft and ExxonMobil, within the framework of the Sakhalin-1 Consortium, have finished transport operation on transportation and installation of a unique sea drilling platform Berkut, which has the biggest upper part in the world at Arkutun-Dagi on North East shelf of Sakhalin Island. The adjustment works will be finished in …