Gazprom Neft Doubles FY2018 Dividend Payments, to RUB30 Per Share
The Gazprom Neft Annual General Meeting of Shareholders has taken place in St Petersburg, with shareholders approving the 2018 Annual Report and Accounts. The company’s shareholders also supported the Board of Directors’ recommendation that dividends be paid in the amount of RUB30 per ordinary share (including a dividend of RUB22.05 per ordinary share based on the first nine months of FY2018). …
The Gazprom Neft Board Reviewed the Performance of the Company’s Investment Programme in 2018
The Gazprom Neft Board of Directors has reviewed information on the company’s budgetary and investment programme performance in 2018. Gazprom Neft showed considerable improvement in its financial and operational performance in 2018, both year-on-year and against target, with the company’s activities in many respects exceeding industry averages and making a significant contribution to achieving Gazprom Neft’s strategic goals. Growth …
Digital tools “Gazprom Oil” will increase the efficiency of drilling
Gazprom Neft’s scientific and Technical Center has developed the industry’s first self-training program to optimize costs in the construction of complex horizontal wells. Replication of the development on the assets of the company will reduce the costs of creating new wells by approximately RUB 1 billion and will reduce the …
Gazprom Neft Improves Field Efficiency Using Artificial Intelligence
Gazprom Neft successfully tested its own digital system to improve the efficiency of oil production. The program allows you to analyze thousands of options for the development of deposits and select the best. According to estimates of its developers from the Scientific and Technical Center of the company, the economic …
Gazprom Neft and Schlumberger Develop Cooperation in Well Logging
Gazprom Neft and Schlumberger made an agreement on technological cooperation in well logging. The document was signed by Vadim Yakovlev, First Deputy CEO, Gazprom Neft, and Sergey Slyusenko, Managing Director, Gazpromneft-Noyabrskneftegazgeofizika and Gokhan Saygi, President of Schlumberger RCA. The new agreement is a logical follow-up to the agreements achieved in 2011, when Gazprom Neft and Schlumberger signed their first …
Trading and Purchasing Facility of Tatneft Increases the Procurement Efficiency
So far there are 5,342 supplier companies registered as part of creating an electronic trading system of procuring material and technical resources for the enterprises of TATNEFT Company. As of November 19 of the current year the Logistics Department (UMTO) of the Company carried out 1,220 two-stage procurement procedures …
TNK-BP and Weatherford Achieve 15% Increase in Efficiency of Drilling Complex Wells
TNK-BP announces that OJSC Orenburgneft (a member of the TNK-BP Group of Companies) jointly with leading global oil field services company Weatherford has successfully completed a pilot project to deploy a motorized drilling system called MotarySteerableSystem (MSS), which will help achieve a 15% efficiency gain when drilling wells with complex …