Conferences & Exhibitions

Gazprom Neft Became the SPE Russian Petroleum Technology Conference Mobile Application Sponsor

Gazprom Neft* will sponsor the mobile application for the upcoming 2019 SPE Russian Petroleum Technology Conference that will take place 22-24 October 2019 in Moscow, Russia. SPE would like to express its gratitude and appreciation to Gazprom Neft for support and cooperation! SPE Russian Petroleum Technology Conference is the main …

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Oil & Gas Operators

Gazprom Neft expands oil production in the Kurdistan Region of Iraq

Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has commissioned a third production well at its Sarqala field in the Kurdistan Region of Iraq (KRI) Potential production at this new well is estimated at 12,000 barrels per day. Cumulative daily oil production at the field following the commissioning of the Sarqala-3 well has increased by 25 percent reaching 35,000 barrels. The well …

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Oil & Gas Operators

Gazprom Neft and IBM Research Brazil are using AI to improve quality in processing geological information

Research Cooperation Agreement on the use of machine learning systems and artificial intelligence (AI) aims to optimise the analysis and model creation from geological data More than 30 Gazprom Neft research geologists and IBM Research Brazil machine-learning research scientists have come together for the first time to share their unique knowledge, experience and skills …

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Oil & Gas Operators

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 …

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Oil & Gas Operators

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 …

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Oil & Gas Operators

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 …

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Oil & Gas Operators

Gazprom Neft signs a tripartite Cooperation Agreement with Politecnico di Torino and the Peter the Great St Petersburg Polytechnic University

Gazprom Neft has concluded a tripartite Cooperation Agreement with Politecnico di Torino* and the Peter the Great St Petersburg Polytechnic University (Polytech) — the signatories to this document being Vladislav Baryshnikov, Deputy CEO for International Business Development, Gazprom Neft; Vitaly Sergeev, Vice-Rector for Research, the Peter the Great Polytechnic University; and Patrizia Lombardi, Pro-Rector, Politecnico …

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Conferences & ExhibitionsOil & Gas Operators

RDCR 2019: Agenda Released!

With 5 weeks to go until Russia’s largest Well Engineering Forum, the organisers are proud to release the agenda. Did you know that no other forum in Russia attracts so many delegates from the drilling and production teams of Russia’s large, medium and smaller operators? At TMG Worldwide, we pride …

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Oil & Gas Operators

Gazprom Neft Demonstrates Solid Growth Across all Key Financial Indicators in 2018

Gazprom Neft today announces its IFRS consolidated financial statements for the 12 months ended 31 December 2018 (FY2018). Net profit for FY2018 of RUB376.7 billion, a 48.7 % increase year-on-year Adjusted EBITDA* of RUB800 billion, — up 45.1 % year-on-year Free cash flow (FCF) of RUB162 billion, a 2.5-fold increase year-on-year Revenue for FY2018 amounted to RUB 2,489 billion , a 28.7% increase year-on-year.** Adjusted EBITDA grew by more than 45.1% year-on-year …

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Oil & Gas Operators

Gazprom Neft Demonstrates Solid Growth Across all Key Financial Indicators in 2018

Gazprom Neft (the “Company”) today announces its IFRS consolidated financial statements for the 12 months ended 31 December 2018 (FY2018). Net profit for FY2018 of RUB376.7 billion, a 48.7 % increase year-on-year Adjusted EBITDA* of RUB800 billion, — up 45.1 % year-on-year Free cash flow (FCF) of RUB162 billion, a 2.5-fold increase year-on-year Revenue for FY2018 amounted to RUB 2,489 billion , a 28.7% increase year-on-year.** Adjusted EBITDA grew by more than …

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