Gazprom Neft

Gazprom Neft – a global energy company which delivers major investment projects on Arctic Shelf development – will become an Official Sponsor of International Exhibition and Conference for Shipbuilding and Equipment and Technologies for Development of the Arctic and Continental Shelf – OMR 2020. In addition to sponsoring the event …

Messoyakhaneftegaz, the Gazprom Neft—Rosneft joint venture, delivered total production of more than 5.6 million tonnes of oil equivalent (mtoe) as at year-end 2019 — a 22-percent increase on 2018. Production at the Vostochno-Messoyakhskoye field (in the Gydan Peninsula, Yamalo-Nenets Autonomous Okrug) reached more than 16,000 tonnes of oil per day. …

The Gazprom Neft Board of Directors has appointed Pavel Kolobkov a member of the company’s Management Board, and Deputy CEO for Federal Government Relations. Mr Kolobkov will be responsible for managing the company’s engagement and liaison with Russian government ministries and agencies. Pavel Anatolyevich Kolovkov was born in Moscow on 22 September 1969. He graduated from the Russian State …

Gazprom Neft has entered into a further social and economic cooperation agreement with the Government of the Khanti-Mansi Autonomous Okrug—Yugra. The signatories to this agreement were Alexander Dyukov, CEO and Chairman of the Management Board, Gazprom Neft, and Natalya Komarova, Governor of the Khanty-Mansi Autonomous Okrug—Yugra. The agreement outlines a series of socially meaningful initiatives to be implemented in the …

Net profit of RUB400.2 billion for FY2019, a 6.2% increase year-on-year Adjusted EBITDA* maintained at 2018 level, at RUB795.1 billion Net debt-to-EBITDA ratio of 0.7 at year-end Gazprom Neft (the “Company”) today announces its IFRS consolidated financial statements for the 12 months ended 31 December 2019 (FY2019). In 2019, revenue totalled RUB2.485 trillion, maintaining the 2018 level. Adjusted EBITDA remained stable, at RUB795.1 billion — the negative …

Gazprom Neft and Mubadala Petroleum have entered into a Memorandum of Cooperation on technological collaboration. Gazprom Neft and Mubadala Petroleum have agreed to work together in developing new technologies — key areas in this collaboration being the development of innovative solutions in oil production, and digitalisation of production processes. The parties will also investigate opportunities for technological cooperation in other areas. …

PAO NOVATEK  today announced that Arcticgas, a joint venture between NOVATEK and PAO Gazprom Neft, expanded the gas condensate treatment facility’s capacity at the Samburgskiy license area to accommodate the increased volumes of gas condensate from developing the Achimov horizons. Pilot operation started at the facility’s third stage with a …

Gazprom Neft has become the first company in Russia to use a unique technology — hybrid multi-stage fracking — to increase oil inflow in Achimovsky strata, following testing at Gazpromeft Noyabrskneftegaz’s Vyngayakhinskoye field in the Yamalo-Nenets Autonomous Okrug. Works undertaken suggest initial production, from a single well, currently stands at 300 tonnes per day — three times higher than anticipated. This technology …

Gazprom Neft and Shell have agreed to expand their JV Salym Petroleum Development. The company’s portfolio of assets will include a license for the right to geological survey, exploration and production of conventional hydrocarbon reserves of the Salymsky 2 block in the Khanty Mansiisk Autonomous Region. Pursuant to the decision of the partners, Salym Petroleum Development N.V. (SPD) acquires from Gazpromneft …

Gazprom Neft subsidiary Gazpromneft-Zapolyarye has begun liquid hydrocarbon production at the Zapadno-Tarkosalinskoye field in the Yamalo-Nenets Autonomous Okrug. Commercial oil inflow from the first horizontal well stands at 380 tonnes per day, with potential to increase to 600 tonnes. The commissioning of the first high-tech well marks the start of pilot development of the oil-bearing section of the Zapadno-Tarkosalinskoye oil …