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IG Seismic Services Signs Long Term Seismic Exploration Agreement

IG Seismic Services, the leading pure-play land and transitional zone seismic company in Russia and the CIS, announces that GEOTECHIG  Holding and Gazprom Neft have signed a long term agreeement on seismic exploration. GEOTECH Holding CJSC and Gazprom Neft JSC have signed a three-year agreement for the conducting of seismic …

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The plan for the “Moscow Annual Oil and Gas Conferences” for 2013

Moscow oil and gas conferences (NEFTEGAZSNAB, NEFTEGAZSTROY, NEFTEGAZOPERERABOTKA, NEFTEGAZSERVICE, NEFTEGAZSHELF) aim at widening cooperation of oilmen and gas workers with their contractors and suppliers.  Representatives of great many companies will be moderating the conferences as speakers and experts, the ones from Gazprom, Transneft, LUKOIL, ТNК-BP, Rosneft, Surgutneftegas, RussNeft, Slavneft, Tatneft, …

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Gazprom Neft reports unaudited IFRS financial statements for 9m 2012

JSC Gazprom Neft has published its unaudited consolidated financial results in accordance with International Financial Reporting Standards (IFRS) for Q3 2012 and 9m 2012. The Company’s performance improved substantially in 9m 2012 compared to 9m 2011 due to increases in hydrocarbon production and refining volumes, and a higher share of …

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Gazprom Neft completes refinery modernisation project at Pančevo

Gazprom Neft’s subsidiary NIS (Naftna Industrija Srbije ) has completed a major modernisation project of its refining capacity in Serbia. The company has started operating a new light hydro-cracking and motor fuel hydro-treatment facility at the Pančevo refinery. The completion of the facility will allow NIS to take a leading position …

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Gazprom Neft Acquires New Asset in Orenburg

Gazprom Neft has acquired LLC Korsar, the sole member of LLC Zhivoi Istok, and as a result established control over LLC Zhivoi Istok, which holds licenses to explore and produce oil at the Baleykinsky field and to survey the Uranskaya acreage. Both license areas are located in the Orenburg Region, …

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Gazprom Neft and TNK BP: First Messoyakha Oil Produced

Gazprom Neft and TNK-BP report that first oil has been produced by the pilot project at the Vostochno-Messoyakhskoe field. The inflow received from the first two development wells points to the field’s high potential. The project is being implemented by Messoyakhaneftegaz, which is Gazprom Neft and TNK-BP’s joint venture controlled …

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Gazprom Neft’s Board Reviews Progress of Company Projects

Gazprom Neft’s Board of Directors has carried out a review of the company’s portfolio of production assets. Taking into account estimated performance results for 2012, Gazprom Neft’s consolidated production will increase by nearly 35% compared to 2007. Gazprom Neft’s development strategy up to 2020 enables further expansion of hydrocarbon production to 100 million tonnes. In order to achieve these figures, Gazprom Neft intends …

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Gazprom Neft secures 10-year EUR 258 million loan

Gazprom Neft has reached an agreement with a group of international banks to take out a EUR 258 million, 10-year syndicated unsecured loan facility supported by an export credit agency. The proceeds will be used for the purchase of equipment and services to upgrade oil refinery of NIS , Gazprom Neft’s Serbian …

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TNK-BP and Gazprom Neft Agree to Optimize Slavneft Governance Structure

TNK-BP  and Gazprom Neft have agreed to launch a project to optimize governance of the Slavneft group , which they own on a parity basis. The ownership structure of Slavneft will remain unchanged. The project, which is subject to the finalization of certain corporate procedures, envisages that additional management and decision making authorities will …

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Gazprom Neft: Q1 Unaudited Results – Revenue up 19.8% Profit Up 21%

Gazprom Neft has published its unaudited consolidated financial results in accordance with International Financial Reporting Standards (IFRS) for the period ended 31 March 2012. The Company’s performance improved substantially in 1Q 2012 compared to 1Q 2011 due to higher crude and petroleum product prices, increase in hydrocarbon production, oil refining …

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